decline

Diversity has taken a back seat in Hollywood, and Eva Longoria is taking notice.

In a recent interview with British publication the Times, the 50-year-old actor-director-producer spoke out about the lack of Latino representation on screen.

“We’re severely underrepresented in TV and film and it’s getting worse,” said Longoria. “Five years ago we [made up], like, 7% of TV and film and now we’re 4%. It’s actually going in the wrong direction.”

According to UCLA’s 2025 Hollywood Diversity Report, 1% of Latino performers were leading roles in top theatrical films, while 4.3% of Latino directors and 2.1% of Latino writers were involved in last year’s top films.

The report, released in February, found that the proportion of people of color working in entertainment roles dropped in every area from 2023 to 2024 when compared with their white counterparts. Actors of color made up 25.2% of lead roles in the top theatrical films in 2024, which is down from 29.2% in 2023. Also, directors of color accounted for 20.2% of 2024 movies, compared with 22.9% of films from the prior year.

This downward trend has popped up as President Trump has consistently targeted and called to end all diversity, equity and inclusion (DEI) efforts. As a result, much of Hollywood has followed his lead. Paramount Global changed its staffing goals related to gender, race, ethnicity and sex; Warner Bros. Discovery restated its DEI activities as “inclusion”; and Walt Disney Co. got rid of its “diversity and inclusion” performance standard used to calculate executive compensation.

“There is definitely a lot of work to be done. I’m trying to do my part,” Longoria told the Times. “That’s one of the main reasons I got behind the camera, to create opportunities for women and for people from my community.”

The “Desperate Housewives” actor made her directorial debut in 2023 with “Flamin’ Hot,” a biographical comedy about Richard Montañez, who says he invented Flamin’ Hot Cheetos.

She’s also currently working on “The Fifth Wheel,” a Netflix comedy starring Kim Kardashian, which she will direct. As for acting, her latest gig is in “Christmas Karma,” a movie musical released earlier this month, where she plays the Ghost of Christmas Past.

European markets opened significantly lower on Friday, following a retreat in Asian shares in the morning and Wall Street’s tumble on Thursday, as investors reassessed the outlook for interest-rate cuts and questioned the lofty valuations of leading US technology and AI stocks.

“Markets are down across the board as investors fret about cracks in the narrative that’s driven the mother of all tech rallies over the past few years,” said Dan Coatsworth, head of markets at AJ Bell. The key concern is “about rich equity valuations and how billions of dollars are being spent on AI just at a time when the jobs market is looking fragile”, he added.

In Europe, sentiment was gloomy on Friday morning as UK government bond yields jumped following reports that Chancellor Rachel Reeves has abandoned plans to raise income tax rates in this month’s Autumn Budget. The ten-year gilt yield climbed above 4.54% before easing slightly. If confirmed, the chancellor’s move — first reported by the Financial Times — would leave a shortfall in the public finances.

London equities weakened, with bank shares among the worst performers on the FTSE 100 as investors digested the prospect of a tighter fiscal backdrop.

By around 11:00 CET, the FTSE 100 was down more than 1.1%, the European benchmark Stoxx 600 had lost nearly 1%, the DAX in Frankfurt dipped more than 0.7% and the CAC 40 in Paris fell nearly 0.7%. The Madrid and Milan indexes were down 1.2% and 1% respectively.

“Despite the doom and gloom, the scale of the market pullback wasn’t severe enough to suggest widespread panic,” said Coatsworth, adding that “a 1% decline in the FTSE 100 is not out of the ordinary for a one-day movement when markets are feeling grumpy”.

On the corporate front, luxury group Richemont was among the best performers, soaring 7.5% after beating forecast first-half results. Siemens Energy jumped more than 10% after the company raised its targets for the 2028 financial year. In other news, French Ubisoft delayed its financial report for the past six months; trading in its shares was suspended after an earlier drop of more than 8%.

Across the Atlantic, Wall Street endured one of its weakest sessions since April on Thursday, with the S&P 500 sliding 1.7% and the Dow Jones Industrial Average falling 1.7% from its record high set a day earlier. The tech-heavy Nasdaq dropped 2.3%.

Shares in major AI-linked companies came under heavy selling pressure, with Nvidia down 3.6%, Super Micro Computer off 7.4%, Palantir falling 6.5% and Broadcom losing 4.3%. Oracles lost more than 4%.

The sector’s extraordinary gains this year have prompted comparisons with the dot-com boom, fuelling doubts about how much further prices can rise.

Expectations for a further US interest-rate cut in December have also diminished, with market pricing now suggesting only a marginal chance the Federal Reserve will move again this year.

Asian markets mirrored the downbeat tone as fresh data showed China’s factory output grew at its slowest pace in 14 months in October, rising 4.9% year on year — down from 6.5% in September and missing expectations. Fixed-asset investment also weakened, dragged down by ongoing softness in the property sector.

South Korea’s Kospi led regional losses, tumbling 3.8% amid heavy selling of technology shares. Samsung Electronics dropped 5.5% and SK Hynix slid 8.5%, while LG Energy Solution lost 4.4%. Taiwan’s Taiex declined 1.8%.

Japan’s Nikkei 225 shed nearly 1.8%, reversing Thursday’s gains, with SoftBank Group plunging 6.6%. In China, Hong Kong’s Hang Seng fell 2% and the Shanghai Composite slipped 1%.

Meanwhile, oil prices strengthened. Brent crude rose nearly 1.6% to $63.99 a barrel, and West Texas Intermediate added 1.8% to $59.76. The dollar was slightly firmer at ¥154.55, while the euro traded at $1.1637.