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Damage from Peru oil spill worse than initially thought

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Peru’s government has revealed that an oil spill off the Peruvian coast earlier this month, caused by the Tongan tsunami, was twice as big as initially thought

The country’s environment minister Ruben Ramirez said that almost 12,000 barrels of oil leaked into the sea on 15 January, causing oceans to turn black.

Officials described the spill as an “ecological disaster” which could then be blamed for the deaths of local fish and seabirds, impacted by the spill.

It happened when a tanker at the La Pampilla refinery was hit by waves linked to a volcanic eruption and Tsunami in Tonga.

The site, located about 30km north of Lima, is owned by Spanish oil company Repsol

The Peru government has demanded compensation and prosecutors have opened an investigation into Repsol’s role in the incident.

A judge has since granted a request to bar four executives from the firm leaving the country for 18 months amid the ongoing investigation.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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