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Governor Cuomo Opens New York Theaters, Just Not in New York City

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Governor Andrew Cuomo announced Saturday that movie theaters will be allowed to reopen in New York on October 23.

Well, New York State, that is, which certainly represents a vast area with a large population, but does not include the five boroughs of New York City, home to an estimated 8.3 million people.

If you forget which are the five boroughs of New York City, here is Stacy Keach to remind you.

There are parameters to the new policy. Only 25 percent capacity is allowed, with a cap at 50 people per auditorium. Masks will be required (except when people are eating and drinking), assigned seating is mandatory, social distancing between parties will be enforced, and theaters must meet benchmarks for air filtration, ventilation and purification standards.

Another condition set by the Governor states that additional staffing will be required to control occupancy, traffic and seating to ensure compliance, which could possibly further eat into a bottom line of a struggling theater.

Furthermore, theaters outside New York City can only qualify if they are in counties with less than two percent on a 14-day average and do not have any cluster zones.

As such, Rockland and Orange counties, which are near the City, are two of the dozen counties that can not reopen theaters. The densely populated counties of Nassau and Suffolk on Long Island and the country club-riddled Westchester County are in the clear, as are the cities of Buffalo, Rochester, Albany, and Syracuse.

Cuomo’s announcement comes a week after several theater managers used their highly visible marquees to question the Governor’s decision-making. At the Regal E-Walk on the heavily trafficked corner of West 42nd Street and 8th Avenue Manhattan, the digital display read “48 states have reopened theaters safely Why not New York, Governor Cuomo? #ReopenOurCinemasNY”

Cineworld CEO Mooky Greidinger cited Cuomo’s “inflexibility” as a key factor in his decision to close operations.

As the industry continues to monitor developments with unease, Disney, the revenue leader by a significant margin, recently announced a structural reorganization with puts an emphasis on streaming.

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Radhika Apte reveals real reason why she got married

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Radhika Apte needs no introduction to Kollywood fans after her appearance as Superstar Rajinikanth’s wife in ‘Kabali’ directed by Pa Ranjith.  The intense actress impressed with her performance of a meek girl to a mother of a grown-up and especially her reunion scene with Rajini took the audience on an emotional ride.

Radhika is happily married to her British boyfriend Benedict Taylor who is a singer and she shuttles between Mumbai and London to balance her personal and professional life.

Radhika Apte in her most recent interaction with Vikranth Massey on social media from London has admitted that she does not believe in the institution of marriage.  When asked why she got married the talented performer replied that it is easier for married people to get a British visa and that’s why she and her man opted for it in 2012.

Radhika is currently chilling with Taylor in their London home during the lockdown and will soon start filming her next English film ‘Noor Inayat Khan’ in which she plays a spy based on a true story.

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Jacqueline Fernandez shares picture of her being in ‘happy place’

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Actor Jacqueline Fernandez is working on a secret project where she found herself in a ‘happy place’. Taking it to Instagram on Sunday, the 35-year-old actor shared a picture dressed up like a traffic police officer as she is seen laughing her heart out.

“How was everyone’s Sunday?? Fun project coming up soon! #myhappyplace,” wrote Fernandez along with a picture where she is also seen holding a coffee mug. The ‘Kick’ actor also shared a few Instagram stories of her getting ready for the upcoming project.

Recently, the actor extended gratitude to her fans after the number of Instagram followers hit the 46 million mark.

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Why an ‘active’ approach to risk modelling is key to navigating markets today

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Whether investors are aiming for a cautious approach or a riskier investment profile with the potential for higher returns, Architas’ Blended Fund range is designed to match a range of investor risk appetites. And like many asset managers, Architas predominantly uses two approaches to define asset allocation within the five risk bands used in the Blended Range – strategic and tactical.

Whilst risk model provider EValue’s quantitative approach to asset allocation takes into account the long-term performance of different asset classes and the likely future performance given current valuations, along with long-term measures of volatility and correlations with other asset classes. Yet as with most systems of its kinds, EValue focuses on the long term; it is unable to analyse short-term market movements and fluctuations. So whilst it would have seen that in Q1 2020 markets fell by a record percentage before rebounding, it will not be able to factor in the cost of the coronavirus and lockdown and its impact on markets. Similarly, it is not able to consider ongoing Brexit woes, geo-political trade wars or the outcome of the US election in 2020.

Click here for the full article and to access more about the flexibility of the Architas Blended Range by clicking on the box below.

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