Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8617 stories- Economy· World
Warren Buffett Warns of Speculative Trading Risks in Financial Markets
Warren Buffett has raised alarms about the current state of financial markets, describing them as exhibiting a 'gambling mood' due to unprecedented levels of speculative trading. This warning comes in the wake of rising popularity of one-day options and prediction markets, which have contributed to irrational pricing behaviors. The long-term implication suggests that investors and regulators will need to address the potential instability and integrity issues arising from these speculative practices.
3 sourcesMay 3Moderate
- Economy· World
Bank of England and ECB Maintain Interest Rates Amid Rising Fuel Prices from Iran Conflict
On April 30, 2026, the Bank of England and European Central Bank held interest rates steady amid rising fuel prices triggered by the Middle East conflict. This decision comes as Brent crude oil prices surged to $126 per barrel following the closure of the Strait of Hormuz, impacting energy supplies and inflation. The long-term implication suggests that persistent high oil prices could force central banks to reconsider rate hikes to combat inflation while managing economic stagnation.
9 sourcesMay 3Low
- Economy· World
Eurozone inflation rises to 3% amid energy price surge linked to Iran war
Inflation in the Eurozone has surged to 3% in April 2026, driven by rising energy prices amid the ongoing Iran war. This increase follows a rise from 2.6% in March and 1.9% in February, as economic growth slows to just 0.1%. The European Central Bank is now under pressure to reconsider its interest rate policies in response to these inflationary pressures and economic challenges.
3 sourcesMay 3Low - Economy· World
Canada's manufacturing sector reports largest growth in three years
Canadian manufacturing grew by 1.8% in February 2026, marking the largest increase since January 2023. This growth is driven by heightened production and purchasing activity in response to concerns over rising prices. The recovery suggests a positive trend for the Canadian economy as it navigates ongoing challenges related to tariffs and inflationary pressures.
3 sourcesMay 3Low - Business· World
Samsung Electronics Reports Record Q1 2026 Profit Driven by AI Demand for Memory Chips
Samsung Electronics' Device Solutions division announced a 49-fold increase in operating profit to 53.7 trillion won for Q1 2026. This surge is attributed to unprecedented demand for high-bandwidth memory chips, which has outstripped production capacity amid a growing reliance on AI infrastructure. Looking ahead, the company anticipates that supply shortages will worsen into 2027, potentially impacting consumer electronics prices globally.
8 sourcesMay 3Low - Economy· UAE
UAE Exits OPEC Marking a Shift in Global Oil Dynamics
The UAE announced its exit from OPEC, becoming the first major member to do so. This decision is driven by a challenge to OPEC's authority and reflects broader shifts in the global oil market landscape. The long-term implication may include increased volatility in oil markets and a reevaluation of OPEC's role in global energy supply.
3 sourcesMay 3Low - Business· World
Apple Inc. Achieves 17% Revenue Growth in Q2 2026 Fueled by iPhone Sales
Apple Inc. reported a 17% year-over-year revenue increase to $111.2 billion for its fiscal second quarter, driven by record iPhone sales. This surge is attributed to strong demand for the iPhone 17 lineup and new product launches, coinciding with the announcement of a leadership transition to incoming CEO John Ternus. The long-term implication suggests continued growth in Apple's market share and potential for further product innovation amid a competitive landscape.
7 sourcesMay 3Low
- Business· UAE
UAE Exits OPEC Effective May 1 2026
The United Arab Emirates has formally announced its exit from OPEC, effective May 1, 2026. This decision follows ongoing disputes over production quotas and regional disruptions linked to the Iran war, prompting the UAE to pursue independent oil production strategies. The long-term implication is a potential increase in oil price volatility and oversupply risks as OPEC's influence diminishes in the global market.
22 sourcesMay 3Low
- Business· World
Air Canada Suspends 2026 Financial Guidance Amid Jet Fuel Price Volatility
Air Canada has suspended its full-year financial guidance for 2026 due to volatile jet fuel prices. The immediate cause is the surge in fuel costs linked to the ongoing war in Iran, which has created uncertainty in the market. This situation may force Air Canada to reevaluate its strategies to manage fuel cost fluctuations and maintain profitability in the long term.
3 sourcesMay 3Low - Economy· World
Bank of England Holds Interest Rates Steady Amid Iran War Inflation Risks
The Bank of England has decided to maintain interest rates at 3.75% as of April 30, 2026, in response to rising inflation risks linked to the ongoing Iran war. This decision is driven by the central bank's cautious assessment of the economic impacts of the conflict and fluctuating oil prices. In the long term, the Bank is likely to consider future monetary tightening as the situation in Iran evolves and its economic repercussions unfold.
3 sourcesMay 3Low - Economy· World
U.S. GDP Grows 2.0 Percent Amid Iran War and Rising Oil Prices
The U.S. economy reported a 2.0 percent annualized growth rate for Q1 2026 despite the onset of the Iran war and surging oil prices. This growth is primarily driven by consumer spending and government expenditure, occurring as the conflict escalates and disrupts global oil supply. Long-term, sustained energy price shocks may challenge this economic resilience and lead to increased inflation and recession risks.
6 sourcesMay 3Low
- Economy· World
US inflation measure reaches highest level in nearly three years due to rising energy prices linked to Iran war
A key inflation gauge in the US surged to its highest level in almost three years, driven by soaring gas prices amid the ongoing Iran war. This inflation spike complicates the Federal Reserve's plans for interest rate cuts as it navigates the economic impact of higher energy costs. The situation suggests that the Federal Reserve may face ongoing challenges in implementing monetary policy adjustments in response to persistent inflationary pressures.
3 sourcesMay 3Low - Economy· World
Brent Crude Oil Price Exceeds $125 Amid U.S.-Iran War Escalation Fears
On April 30, 2026, Brent crude oil prices surged past $125 per barrel, reaching an intraday high of $126.41 due to escalating tensions in the U.S.-Iran conflict and stalled negotiations. This price spike was triggered by the ongoing closure of the Strait of Hormuz and U.S. blockades on Iranian ports, which have severely disrupted oil supply routes. The long-term implication is a potential increase in global oil prices and economic instability as nations grapple with inflation and recession risks stemming from these supply shocks.
7 sourcesMay 3Moderate
- Business· World
Trump Approves Bridger Pipeline Expansion to Transport Canadian Crude Oil
U.S. President Donald Trump has signed an order authorizing the Bridger Pipeline Expansion project aimed at transporting Canadian crude oil to Wyoming. This decision is driven by ongoing efforts to enhance U.S. energy independence amid discussions on energy policies and environmental concerns. The long-term implication may involve significant shifts in North American energy transport and regulatory landscapes as the project seeks further approvals.
4 sourcesMay 3Low
- Business· World
Trump Administration Proposes Federal Bailout for Spirit Airlines as Shutdown Looms
On May 1, 2026, President Donald Trump announced a 'final proposal' for a federal bailout to prevent Spirit Airlines from ceasing operations amid rising jet fuel prices. The immediate trigger for this intervention was the airline's financial distress following its second bankruptcy filing in 2025 and the ongoing Iran war, which has significantly increased fuel costs. The long-term implication is a potential increase in airfares on budget routes due to reduced competition, impacting consumers and the airline industry at large.
9 sourcesMay 3High
- Business· World
Berkshire Hathaway reports record cash reserves and strong earnings under new CEO Greg Abel
Berkshire Hathaway has announced record cash levels and significant operating earnings in the first quarter under CEO Greg Abel. This financial performance comes as Abel addresses shareholders for the first time since succeeding Warren Buffett, highlighting the company's robust financial position. The strong cash reserves may enable Berkshire Hathaway to pursue new investment strategies and opportunities moving forward.
6 sourcesMay 2High
- Business· World
Spirit Airlines Halts Operations Following Second Bankruptcy Amid Rising Fuel Costs
Spirit Airlines has ceased all operations as of May 2, 2026, due to its second bankruptcy filing within a year and severe liquidity issues. The immediate cause of this shutdown is attributed to skyrocketing jet fuel prices exacerbated by the ongoing war with Iran. In the long term, this closure is expected to lead to increased fares on vacated routes as competitors like Frontier Airlines absorb capacity and the airline industry faces further consolidation pressures.
18 sourcesMay 2Very High
- Business· World
Berkshire Hathaway reports record profits and cash reserves in Q1 2026
Berkshire Hathaway's first-quarter profit surged to $11.35 billion, more than doubling from the previous year. This significant financial performance is attributed to strong growth in its investments and business operations, coinciding with Greg Abel's first quarter as CEO. The company's robust cash reserves position it well for future investments and strategic growth opportunities.
4 sourcesMay 2Moderate - Economy· MENA
UAE officially exits OPEC prioritizing sovereign wealth over oil prices
The UAE has announced its departure from OPEC, emphasizing its $1.7 trillion sovereign wealth portfolio as a priority over oil price fluctuations. This decision comes as OPEC+ plans to increase oil output despite the UAE's absence, indicating a shift in the dynamics of oil production. The long-term implication may lead to increased volatility in global oil markets as stakeholders adapt to the UAE's new economic strategy.
6 sourcesMay 2Low
- Business· MENA
Start Smart Investment Forum 2026 connects over 100 startups with investors in Riyadh
The Start Smart Investment Forum 2026 successfully linked entrepreneurs with investors in Riyadh. This event is happening now as part of Saudi Arabia's strategic push to enhance its entrepreneurial ecosystem and promote deep technology sectors. The long-term implication is a potential increase in investment and innovation, significantly impacting the Kingdom's economic landscape.
3 sourcesMay 2Low