Latest news with #Meirelles
Yahoo
20-05-2025
- Entertainment
- Yahoo
Denzel Washington, Robert Pattinson & Daisy Edgar-Jones Set For Netflix Heist Pic ‘Here Comes The Flood' From Fernando Meirelles
Denzel Washington, Robert Pattinson, and Daisy Edgar-Jones are set to star in Here Comes the Flood, a new Netflix heist film from Fernando Meirelles, the Oscar-nominated filmmaker behind the streamer's lauded drama The Two Popes. The news emerged from Netflix's Upfront presentation on Wednesday. More from Deadline 'Star Search' Reboot Underway At Netflix Deion Sanders Stars In Another Docuseries, This Time For Netflix Dan Levy Comedy Series Ordered By Netflix After Long, Twisty Journey To Screen; Taylor Ortega & Laurie Metcalf Also Star Written by Simon Kinberg (Mr. & Mrs. Smith), the film is described as an unconventional heist flick about a bank guard, a teller, and a master thief in a deadly game of cons and double crosses. Kinberg and Audrey Chon will produce for Genre Films, alongside Meirelles, with Samson Mucke exec producing. RELATED: Coming off of lauded turns in Gladiator II and The Tragedy of Macbeth, Washington will next be seen leading Spike Lee's crime thriller Highest 2 Lowest, based on Akira Kurosawa's classic High and Low, which A24 releases in August, ahead of the film's Apple TV+ streaming date of September 5. Pattinson will next be seen starring alongside Jennifer Lawrence in Lynne Ramsay's Die, My Love, which is premiering at Cannes. Currently, he's in production on Christopher Nolan's The Odyssey, and he also has Kristoffer Borgli's The Drama, in which he stars opposite Zendaya, coming up. Since breaking out with Hulu's acclaimed Irish drama Normal People, Edgar-Jones has bolstered her star status with projects like Under the Banner of Heaven and Where the Crawdads Sing, most recently starring in Twisters opposite Glen Powell and romantic drama On Swift Horses. Next, she'll be seen starring opposite Michelle Williams in A Place in Hell from Fair Play filmmaker Chloe Domont. Meirelles' last film The Two Popes, starring Jonathan Pryce and Anthony Hopkins, garnered Oscar noms for both actors' performances, as well as Best Adapted Screenplay, in 2020. Also known for titles like City of God and The Constant Gardener, his recent TV work includes Sugar and The Sympathizer. Writer-producer Kinberg exec produced Apple's Sugar and has also recently worked on Apple's series Invasion, along with films like The 355 and Deadpool & Wolverine. Washington is repped by WME; Pattinson by 3 Arts, WME, Curtis Brown Group, and Sloane, Offer, Weber & Dern; Edgar-Jones by Hamilton Hodell, UTA, and Sloane, Offer, Weber & Dern; Meirelles by LBI Entertainment, O2 Filmes, and Goodman, Genow, Schenkman; and Kinberg by CAA and Jackoway Austen Tyerman. Best of Deadline 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More Men of Steel: Every Actor Who Has Played Superman - Photo Gallery 'Michael' Cast: Who's Who In The Michael Jackson Biopic
Yahoo
14-05-2025
- Entertainment
- Yahoo
Denzel Washington & Robert Pattinson To Lead Netflix Heist Movie
and Robert Pattinson have joined the cast of Here Comes the Flood. Here Comes the Flood is a new Netflix movie written by Simon Kinberg and directed by Fernando Meirelles. Kinberg and Meirelles are also producing the film alongside Audrey Chon. Daisy Edgar-Jones will also star in the movie alongside Washington and Pattinson, per The Hollywood Reporter. The movie is 'being described as an unconventional heist movie about a bank guard, a teller, and a master thief in a deadly game of cons and double crosses. The story is said to unfold in a non-linear fashion.' Further plot details beyond that remain under wraps at this time. Samson Mucke serves as an executive producer on the project. Meirelles is best known for co-directing 2002's City of God alongside Kátia Lund. His filmography also includes 2005's The Constant Gardner, 2008's Blindness, 2011's 360, and 2019's The Two Popes. Washington recently played Macrinus in Ridley Scott's Gladiator II, which was released in 2024. He'll soon be seen starring in Spike Lee's remake of Akira Kurosawa's 1963 movie High and Low, titled Highest 2 Lowest, which will be released in United States theaters this coming August and also stars Ilfenesh Hadera, Jeffrey Wright, Ice Spice, and A$AP Rocky. Pattinson starred in Bong Joon Ho's Mickey 17 earlier this year. His upcoming projects include Lynne Ramsay's Die, My Love, which will premiere at the 2025 Cannes Film Festival and also stars Jennifer Lawrence, and Christopher Nolan's The Odyssey, which arrives in 2026. Edgar-Jones, meanwhile, is known for playing Kate Carter in 2024's Twisters. Her filmography also includes 2018's Pond Life, 2022's Fresh, 2022's Where the Crawdads Sing, and 2025's On Swift Horses. A release date for Here Comes the Flood has not yet been announced. The post Denzel Washington & Robert Pattinson To Lead Netflix Heist Movie appeared first on - Movie Trailers, TV & Streaming News, and More.
Yahoo
29-03-2025
- Business
- Yahoo
Brazil's Shrinking Central Bank Stokes Worries Over Financial Supervision
(Bloomberg) -- Little more than five years ago, staff at Brazil's central bank pulled out all the stops in the midst of the pandemic to construct a digital-payments system that would give their compatriots access to free and instant money transfers. Why Did the Government Declare War on My Adorable Tiny Truck? Gold-Rush Fever Returns to Historic New Zealand Mining Town How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes The app, Pix, was the result of public servants who set aside stress over Covid, worked overtime and slogged through weekends, relying on energy drinks to keep them going as they battled to get the system up and running. Their efforts paid off — Pix was an instant success, and in less than a year, some 110 million Brazilians had used it. It now serves as a model for payments systems around the world. Yet today, many at the central bank privately voice doubts the institution could replicate the 2020 achievement, looking back on it as a high-water mark. What's ensued since then is a nosedive in morale, caused by a steady erosion of the central bank's budget and escalating political tensions with President Luiz Inacio Lula da Silva, who has chafed against policymakers' control of interest rates. Now, the second-largest central bank of the Americas is suffering a brain drain that's impairing its capacity to conduct mission-critical tasks, and stoking concerns about financial supervision across Latin America's No. 1 economy. A lack of money for the bank's infrastructure has caused snafus with its software systems and even issues with buildings — with senior staff complaining about the destruction of documents due to window seals failing to keep out rain. Henrique Meirelles, Brazil's longest-serving central bank president when he left that office in 2011, is among those concerned. Autonomy Question 'As long as the bank is part of the government's budget, there will be spending restrictions and necessary cuts that affect it — that has negative consequences, like losing staff,' Meirelles said in an interview earlier this year. 'It can even hurt financial supervision. That's not as debated as it should be.' Brazil's monetary authority lacks the kind of self-financing structure in place at the US Federal Reserve and other central banks, and is instead subject to appropriations set by the government and legislature. Meirelles and fellow former governor Roberto Campos Neto, along with many in the financial community, have urged passage of a bill that would grant the institution financial autonomy. The current central bank chief, Gabriel Galipolo, has also signaled support. But up to now, the bank has been caught up in the same fiscal-austerity drive that's affected a host of federal agencies, with Lula, as the president is known, looking for budget space to prioritize spending on social assistance. Among the data points that have sown concern among central bank officials and outside observers: The roughly 4 billion reais ($696 million) budget for 2023, the latest year for which there are annual data, was down about 17% compared with eight years before, after adjusting for inflation, data compiled by Bloomberg show. By 2023, staff levels had dropped to fewer than 3,300 employees from more than 4,000 a decade before, and some 5,000 in 2006. Limited hiring, including an effective freeze from 2015 to 2022, has pushed the average age of employees to 51, the highest since at least the 1990s, from 44 at the start of the century. That means a bigger share of staff is approaching, or has met, retirement eligibility. The bank's budget for investment was just 15 million reais in 2024, Campos Neto said at a public event last year. That's little more than a fifth the amount for 2023, central bank data show. Staff anger over issues including pay scales that failed to account for inflation triggered an unprecedented months-long strike in 2022, contributing to a slide in morale. Many qualified public servants in key areas of the bank have left for the private sector or sought positions in other public-sector bodies — including Congress, according to people familiar with the matter. Several senior central bank officials, speaking on condition of anonymity given the sensitivity of the issue, say staff shortages have crimped capacity for training. Budget strictures also limit the ability to send staff to attend events and seminars that would allow them to build networks and knowledge bases at a time of rapid evolution in the financial system, with increased reliance on digital payments and the rise of cryptocurrencies. This story is based on conversations with almost two dozen current and former central bank employees. In a statement responding to a request for comment by Bloomberg News, the central bank said that it works 'permanently' to secure the resources needed to fulfill its mission. This year, it's seeking to reorganize its budget and also trying to increase the number of employees, the bank said. 'The central bank recognizes there's a need and is moving to allocate resources to motivate and value its staff,' the bank said, citing post-graduate programs and time off to study, among other initiatives. Financial Stability The central bank also underscored that it maintains its capacity to guarantee financial stability and to develop public infrastructure that's essential for the economy. Nevertheless, some individuals both inside and outside the bank have expressed particular concern about the maintenance of high-quality financial supervision. One current official, speaking on condition of anonymity, said that while a team of eight was typically sent to inspect an institution a decade ago, today it's more likely that just two will conduct the on-site checks. 'We aren't able to do an intrusive supervision,' said Vivian Rosadas, who heads an association of analysts at Brazil's central bank. 'We aren't quite able to verify the scale of information we get,' said Rosadas, who is a current employee of the bank. 'We need more people.' A further worry is that one-third of the workforce charged with overseeing the financial system has met retirement-eligibility requirements, central bank board member Ailton Aquino told reporters in a briefing last year. Research Quality Meirelles highlighted that, apart from exercising direct supervision, this part of the bank needs to produce high quality analysis 'to see if there's a need for new legislation' directed toward the financial system. When it comes to looking at the broader macroeconomy, some observers cite a deterioration in research output. Sergio Vale, chief economist of consultancy firm MB Associados, said the bank's quarterly inflation reports used to be intellectual stimulants for broader economic discussions in Brazil. 'It was illuminating material that showed how the central bank was thinking, and deepened what we knew about what was happening with inflation, activity, the labor market,' said Vale, who's been covering the central bank for two decades. 'That quality dropped through the years. The most recent inflation reports don't really have those type of studies.' It is important that the central bank includes in its quarterly reports the kind of one-off-analysis boxes it had in the past, said Adriana Dupita, deputy chief emerging markets economist at Bloomberg Economics. 'The boxes were a useful guide pointing to the market' and including them going forward will 'contribute to the bank's transparency and communication,' she said. 'Breaking Point' Central bankers flag a host of other effects from stringent budgets in recent years, such as upgrades to the Pix payments system taking years longer than planned. 'We are coming to a breaking point in which we might end up asking ourselves how to keep Pix functioning,' Campos Neto said last year before he left the central bank's helm. Campos Neto, who was appointed by Lula's predecessor, battled with him in an attempt to secure legislation giving independent funding to the central bank and expanded autonomy over monetary policy. Lula charged him with lacking 'respect' for Brazilians and working to 'harm the country' with the bank's move to jack up interest rates. The legislation remains stalled. Meantime, the central bank's personnel shortages have left it unable to run tests of its systems and software infrastructure as thoroughly as in the past — causing an increase the incidence of errors. Last November, the bank had to cancel an operation to supply dollar liquidity — known as a credit-line auction — due to operational problems tied to the current budget constraints, according to people familiar with the matter. Fernando Rocha, chief of the bank's statistics department, told Brazil's Congress last June that a modernization of foreign-exchange market infrastructure — which lawmakers had approved in 2021 and was supposed to be completed by the end of 2022 — wasn't likely to be completed until June of 2025. Physical infrastructure has also been a concern. In Brasilia, department chiefs and board members in some offices at one point were instructed not to leave important documents near windows, out of concern the paperwork could get soaked during the downpours typical during the capital's rainy season, people familiar with the matter said. Meirelles, the former bank president, suggested that current President Galipolo's 'good relationships with the government' could help secure a fairer budget. But Campos Neto last year said that 'for the bank to be truly shielded, it needs financial and administrative autonomy.' 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