{"id":550634,"date":"2022-04-12T13:04:17","date_gmt":"2022-04-12T13:04:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/12\/chile-rolls-out-water-rationing-plan-to-face-its-yearslong-drought-epic-games-secures-usd-2-bn-to-create-gaming-metaverse\/"},"modified":"2022-04-12T13:04:17","modified_gmt":"2022-04-12T13:04:17","slug":"chile-rolls-out-water-rationing-plan-to-face-its-yearslong-drought-epic-games-secures-usd-2-bn-to-create-gaming-metaverse","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/12\/chile-rolls-out-water-rationing-plan-to-face-its-yearslong-drought-epic-games-secures-usd-2-bn-to-create-gaming-metaverse\/","title":{"rendered":"Chile rolls out water rationing plan to face its yearslong drought + Epic Games secures USD 2 bn to create gaming metaverse"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>SIGN OF THE TIMES- Chile is rolling out a water rationing plan to face its<\/strong><strong> yearslong drought: <\/strong>Chile is introducing an alert system that turns red and triggers public service announcements once a quota for water usage is passed, before restricting water pressure and rotating water cuts that could last up to 24 hours, its government said, according to <a href=\"https:\/\/www.reuters.com\/business\/environment\/chile-announces-unprecedented-water-rationing-plan-drought-enters-13th-year-2022-04-11\/\">Reuters<\/a>. The alert system, which will be applied on some 1.7 mn residents in Santiago, tracks dwindling water reserves from the Maipo and Mapocho rivers, which supply the capital city with most of its water. Chile\u2019s drought is now entering its 13th year, with the government estimating a 10% drop in water availability to 37%. \u201cThis is the first time in history that Santiago has a water rationing plan due to the severity of climate change,\u201d Santiago governor Claudio Orrego said.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Epic Games advances <\/strong><strong>in race<\/strong><strong> towards \u201cgaming metaverse\u201d: <\/strong>The Fortnite-maker has secured USD 2 bn from Sony and Lego-maker Kirkbi to help accelerate its work to build a gaming metaverse, the company announced in a <a href=\"https:\/\/www.epicgames.com\/site\/en-US\/news\/sony-and-kirkbi-invest-in-epic-games-to-build-the-future-of-digital-entertainment\">press release<\/a>. The investment, which sees Sony snag a 4.9% stake in Epic, and Kirkbi own 3%, values the company at USD 31.5 bn. The metaverse in question will be a space \u201cwhere players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive,\u201d CEO and founder Tim Sweeney said. This comes after Microsoft announced its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c85b753-c915-4809-a035-491b881b9076\">blockbuster acquisition<\/a> of leading games publisher Activision in a move that it said would allow it to get a foothold in the metaverse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SIGN OF THE TIMES- Chile is rolling out a water rationing plan to face its yearslong drought: Chile is introducing an alert system that turns red and triggers public service announcements once a quota for water usage is passed, before restricting water pressure and rotating water cuts that could last up to 24 hours, its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":550635,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[2738,633,638,463,648,658],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-chile","tag-enterprisepm","tag-for-your-commute","tag-gaming","tag-metaverse","tag-sony","wpautop","entry"],"acf":{"mongo_id":"c4a18a4a-7397-4ead-be52-b2a429da55b3","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/4\/467.jpg","photo_position":"above","related_issue":[550630],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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As a matter of fact, the country is but a tiny node in an ever-growing global water crisis caused by population and development growth, poor water resources management and climate change, according to National Geographic. Fourteen of the world\u2019s\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554714,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/the-water-wars-are-a-coming\/","url_meta":{"origin":550634,"position":1},"title":"The water wars are a-coming...","author":"enterpriseam admin","date":"7 November 2021","format":false,"excerpt":"Access to water may drive the twenty-first century\u2019s conflicts, hydropolitics experts are warning, as climate change, rapid economic growth and the pressure of a growing world population compound to drive a scramble for water sources, writes the BBC. Water contamination and a scarcity of water for irrigation are leading to\u2026","rel":"","context":"In &quot;WATER&quot;","block_context":{"text":"WATER","link":"https:\/\/enterpriseam.com\/egypt\/category\/water\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/70.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597877,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/el-sisi-urges-better-water-rationing-meets-eu-development-chief\/","url_meta":{"origin":550634,"position":2},"title":"El Sisi urges better water rationing, meets EU development chief","author":"enterpriseam admin","date":"7 May 2019","format":false,"excerpt":"El Sisi urges better water rationing, meets EU development chief: President Abdel Fattah El Sisi calling on his government to step up efforts to conserve water leads the front pages of two of Egypt\u2019s main dailies, Al Ahramand Al Gomhuria, this morning. The president\u2019s meeting with Neven Mimica, the European\u2026","rel":"","context":"In &quot;ON THE FRONT PAGES&quot;","block_context":{"text":"ON THE FRONT PAGES","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-front-pages\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626739,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/water-is-more-precious-than-oil-in-the-middle-east\/","url_meta":{"origin":550634,"position":3},"title":"Water is more precious than oil in the Middle East","author":"enterpriseam admin","date":"10 July 2018","format":false,"excerpt":"Water is more precious than oil in the Middle East where it constitutes a maincomponent of the political landscape, John Dizard writes in a piece for the Financial Times. Dizard looks at water shortages in Iran and Iraq due to reduced flow from Turkey as a model for the existing\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/7\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594240,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/agriculture-ministry-to-boost-egypts-cultivation-of-drought-rice\/","url_meta":{"origin":550634,"position":4},"title":"Agriculture Ministry to boost Egypt\u2019s cultivation of \u201cdrought rice\u201d","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"The Agriculture Ministry aims to increase the cultivation area for less water-intensive rice to 500k feddans from 150k feddans in a bid to save water, Al Mal reports. The \u201cdrought rice\u201d crop consumes 4k cbm of water per acre compared to 6k cbm needed for the traditional rice crop, while\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603056,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypt-plans-to-cultivate-200k-feddans-of-less-water-intensive-rice-this-season\/","url_meta":{"origin":550634,"position":5},"title":"Egypt plans to cultivate 200k feddans of less water-intensive rice this season","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"The government is planning to cultivate 200k feddans of drought- and salt water-tolerant rice this harvest season as part of its strategy to save water, according to a cabinet statement. This came a week after Abdel Atti revealed Egypt\u2019s USD 50 bn 18-year plan encouraging modern irrigation methods, fewer water-intensive\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550634"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550634\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/550630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/550635"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550634"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550634"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}