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Existential Crisis As Hollywood Rethinks What Makes a Hit – The Hollywood Reporter read full article at worldnews365.me

One out of every five moviegoers has vanished since the pandemic, according to research compiled by one Hollywood studio. Whether they’ll ever return to see a film on the big screen is anyone’s guess — and, if they do, when. It’s an alarming stat that offers some explanation as to …

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SafeMoon’s Financial Crisis Deepens with Chapter 7 Bankruptcy Filing read full article at worldnews365.me

The decentralized finance (DeFi) project SafeMoon has officially filed for Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” with the United States Bankruptcy Court in the District of Utah. The development follows a period of turmoil within the company that has spanned several months. The voluntary petition was filed by …

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How Government Piled Pressure On BBC To Grip Crisis – Deadline read full article at worldnews365.me

EXCLUSIVE: The UK government has been accused of interfering with the BBC’s independence after piling pressure on the broadcaster to grip the Huw Edwards scandal in July. Within hours of The Sun newspaper publishing allegations that Edwards paid a teenager for sexual images, a high-ranking official all but ordered the …

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The Alameda gap and crypto liquidity crisis explained read full article at worldnews365.me

FTX collapse: Unraveling the cryptocurrency crisis of November 2022 In November 2022, the cryptocurrency world was rocked by the collapse of FTX, one of the largest cryptocurrency exchanges. The collapse was triggered by a liquidity crisis at FTX, which was caused by a combination of factors, including mismanagement of customer …

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House GOP Crisis Deepens As Plan For Temporary Speaker Met With Angry Opposition – Deadline read full article at worldnews365.me

UPDATE, 11:57 a.m. PT: The Republican leadership chaos continues, as a plan to designate a temporary speaker has been sidelined and Rep. Jim Jordan (R-OH) made plans for another floor vote. Jordan, who has failed in two votes to become speaker, earlier today embraced a plan in which a resolution …

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Bill Maher Talks About The Migrant Crisis As “A Disaster For The Democrats” – Deadline read full article at worldnews365.me

Bill Maher was off television for five months, thanks to the WGA strike. So naturally, he had a lot to catch up on in Friday’s edition of Real Time on HBO. Maher kept the focus squarely on politics in his opening monologue and in his panel discussion, with particular emphasis …

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Evergrande Shares Soar 20% as Trading Resumes in Hong Kong amid Ongoing Crisis read full article at worldnews365.me

A substantial group of Evergrande’s offshore creditors is considering joining a liquidation court petition against the developer if it fails to submit a new debt restructuring plan by the end of October. The embattled Chinese property developer Evergrande witnessed a substantial surge in its shares as trading resumed in Hong …

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Crypto Crisis Imminent, Warns Bloomberg’s Mike McGlone, Despite Bitcoin’s Surge To $28,000 read full article at worldnews365.me

On October 2, Mike McGlone, Commodity Strategist at Bloomberg, took to social media X (formerly known as Twitter) to express his concerns about the state of the crypto market.  Despite Bitcoin’s (BTC) recent rise, McGlone highlighted a disturbing trend and raised the possibility of a cryptocurrency recession. Factors Behind Crypto …

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Olive Oil Prices Spike to Record Highs amid Drought-Induced Supply Crisis read full article at worldnews365.me

Similarly, the global rice market is currently under pressure as China, the world’s top rice producer, deals with severe rain and flood concerns in its grain-producing north-eastern area. Olive oil, a staple in kitchens around the world, has recently become the center of attention due to an unprecedented surge in …

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DeFi as a solution in times of crisis read full article at worldnews365.me

The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward. Born from crisis Around the globe, times are tough for many everyday people. Increases in cost of living minimized any growth in wages last year as inflation continues to …

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TIFF 2023: ‘Boil Alert’ doc examines most ‘egregious’ water crisis examples in North America read full article at worldnews365.me

TORONTO — When documentarian James Burns and Apache guitarist Stevie Salas set out to create a film that examined the ongoing impacts of the water crisis in Indigenous communities, the two knew they wanted the final piece to be an exploration of identity and how it’s tied to Earth’s most …

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Oscar Nominee Ladj Ly Talks Housing Crisis Drama ‘Les Indésirables’ – Deadline read full article at worldnews365.me

French director Ladj Ly is at the Toronto International Film Festival this weekend with second feature Les Indésirables. Like Ly’s breakthrough first feature Les Misérables, it is set and shot against the backdrop of Paris’s deprived eastern suburbs of Clichy-Montfermeil where the director grew up. Having put the spotlight on …

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