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    T. Rowe Price Seeks to Shield $165 Billion EM Portfolio From El Niño●T. Rowe Seeks to Ringfence $165 Billion EM Book From El Niño Fallout✉newsCultureBooks7 min ago

    Asset manager T. Rowe Price is working to ringfence its $165 billion emerging markets portfolio from potential fallout linked to El Niño, according to Bloomberg. The weather pattern can drive food and commodity price swings across developing economies, and investors are weighing how crops, inflation and sovereign risk could be hit. Market watchers are discussing which EM assets are most exposed to the climate pattern.

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    Iran faces shortages of 800 medicines amid sanctions and war costs●A Hebrew newspaper reports that US sanctions, inflation, currency shortages, and the costs of war have exacerbated Iran'MmastodonHealthMedicine428 min ago

    A Hebrew newspaper reports that Iran's pharmaceutical crisis has worsened, with shortages affecting roughly 800 types of medication, including drugs for cancer, heart conditions, migraines and insulin. The report attributes the crisis to US sanctions, high inflation, currency shortages and the financial burden of war, leaving patients struggling to obtain essential treatments.