The Daily Populous

Monday November 7th, 2022 evening edition

image for Iran's Currency In Freefall As Protests Sweep The Country

Iran's battered currency, the rial, was in a freefall on Saturday, hitting a historic low of more than 360,000 against the US dollar amid continuing protests.

The Iranian currency fell almost 20,000 points after the Friday weekend, from around 340,000 on Thursday to 360,000 when the markets reopened on Saturday.

By evening, the rial made slight gains in what could have been a central bank intervention, but the fate of the currency remains bleak.

It is not clear how much foreign currency the government has injected into the market since the first week of September when the rial began to fall.

There have been unconfirmed reports that people associated with the government have been sending their capital out of the country as protests show no signs of stopping.

The freefall in the exchange value of the rial signals insufficient CBI resources to effectively intervene in the market.

The unprecedented currency crisis will have a direct impact on inflation and especially food prices, which can lead to more people joining the protests and severely destabilizing the government. »

Lionsgate Flirting with Major ‘John Wick’ Video Game

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Lionsgate is flirting with the potential of a major video game based on the “John Wick” action franchise, the studio’s CEO let slip on Thursday.

During an earnings call with investors, Jon Feltheimer noted that Lionsgate execs have been “fielding proposals” for a big video game based on the Keanu Reeves movies.

There already is a “John Wick” video game that exists, of course; Mike Bithell’s independent “John Wick Hex” which was released in 2020 and re-imagined the gunman’s fighting as a strategy game akin to gunfire chess. »

SAT retake: 55 students may have to retake their SATs after they flew off a truck

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Taking the SATs is a stressful, anxiety-inspiring rite of passage for many high school students.

But over 50 students at an El Paso high school may have to take the tests again – after their tests flew out of the UPS truck transporting them and were lost or destroyed.

The El Paso Independent School District told CNN that it is currently working with the College Board, which administers the SATs, to “determine a remedy” for the students whose tests were lost. »

Comedian Kathy Griffin suspended from Twitter after mocking CEO Elon Musk

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Comedian Kathy Griffin's Twitter account was suspended Sunday, the same day she changed her page's title to "Elon Musk" and mocked the new CEO.

It came as Musk announced that accounts that impersonate celebrities and other notables would be prohibited unless they're labeled "parody.".

Griffin used her "Elon Musk" account Sunday to urge Americans to vote for Democrats in the midterm elections Tuesday to preserve abortion rights. »