RUSSIA LAUNCHES MASSIVE DRONE AND MISSILE BARRAGE ON UKRAINE, KILLING AT LEAST 18 CIVILIANS AND STRIKING KYIV AND MULTIPLE CITIES. (PHOTO).

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 Russia launches massive drone and missile barrage on Ukraine, killing at least 18 civilians and striking Kyiv and multiple cities  Russia carried out a large-scale overnight assault on Ukraine, launching hundreds of drones and dozens of missiles that killed at least 18 civilians and wounded more than 100 others across multiple cities, officials said Tuesday. The strikes hit Kyiv, Dnipro and other regions, with emergency crews working through destroyed residential buildings where some victims were trapped under rubble. In Dnipro, rescuers recovered the bodies of a 3-year-old child and a mother and her 8-year-old son, while officials reported 12 deaths in the city and six in Kyiv. The bombardment stretched from night into daylight, with explosions reported across wide areas of the country. Kyiv residents had been on alert for days after warnings of a major aerial attack, including advisories for foreign diplomats to leave the capital. Despite those warnings, most remained in pl...
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MARK MOBIUS, PIONEERING EMERGING MARKETS INVESTOR KNOWN AS THE 'INDIANA JONES OF INVESTING,' DIES AT 89.(PHOTO).

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 Mark Mobius, pioneering emerging markets investor known as the 'Indiana Jones of investing,' dies at 89

Mark Mobius, a pioneering emerging-markets investor known for turning developing economies into a major global asset class, has died at the age of 89.

Mobius died on Wednesday, according to a statement posted on his LinkedIn page, with no cause of death disclosed. He was widely known as the “Indiana Jones of emerging markets” for his willingness to invest in volatile and often overlooked regions across Asia, Africa, Latin America, and Eastern Europe.

Over a career spanning more than four decades, Mobius became one of the most influential figures in global investing. He spent more than 30 years at Franklin Templeton, where he helped build and lead the Templeton Emerging Markets Group and played a major role in bringing emerging markets into mainstream institutional investing. He later continued his work through Mobius Capital Partners and other ventures focused on frontier economies.

Mobius was known for his hands-on approach, traveling extensively to meet companies, workers, and local officials in the countries he studied. He frequently emphasized that real-world observation mattered more than theory when identifying investment opportunities. He visited more than 100 countries and built a reputation for deep on-the-ground insight into markets many investors once avoided.

He remained active in markets in recent years, continuing to comment on global investment opportunities and emerging market prospects, including Venezuela earlier this year.

Born in Hempstead, New York, to Puerto Rican and German parents, Mobius earned a PhD in economics from MIT. His career included work in fine arts, teaching, marketing, and consulting before entering global finance. His books and investment philosophy influenced generations of fund managers.

Leadership of Mobius Investments will pass to partners John Ninia and Eric Nguyen, the firm said.


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