What will El Niño cost us?
Panama Canal operator cuts daily transit vessels because of low rainfall.

Panama Canal operator cuts daily transit vessels because of low rainfall.
The "supersized" El Niño weather system is hitting the global economy, with cocoa farmers in Ecuador already seeing prices for their products fall.
As the Panama Canal operator limits the number of vessels passing through the waterway, we ask what further trade shocks are to come.
And US basketball team the Los Angeles Clippers has been hit with a record $30 million fine by the National Basketball Association for violating salary rules. What will it mean for the team and for the game?
Photo: Reuters/Enea Lebrun