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End of deforestation: World leaders make big 2030 promise

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Over 100 world leaders are set to commit to end and reverse deforestation by 2030, in the COP26 climate summit’s first major deal

Brazil, where large parts of the Amazon rainforest have been cut down, will be among the signatories collected on Tuesday, supporting the end of deforestation.

The pledge includes almost $19.2bn USD of public and private funds.

Experts have welcomed the move but many have warned a previous deal in 2014 had “failed to slow deforestation at all” and commitments needed to be delivered on, as promised this time.

Felling trees contributes to climate change because it depletes forests that absorb vast amounts of CO2 emissions.

The two-week long UN summit held in Glasgow is seen as critical – as world leaders unite to reveal their respected nation’s plans to act on climate action.

Deforestation of Brazil’s Amazon Forest / Image: Supplied

Who exactly will commit to deforestation?

Among the 100 countries who say they will sign the pledge include Brazil, Canada, Russia and Indonesia – each in which cover around 85% of the world’s forests.

Parts of the provided funding will go to developing countries to restore damaged land, tackle wildfires and support indigenous communities.

Governments of 28 countries will also commit to remove deforestation from the global trade of food and other agricultural products such as palm oil, soya and cocoa.

These industries drive forest loss by cutting down trees to make space for animals to graze or crops to grow.

More than 30 of the world’s biggest companies will commit to end investment programmes linked to deforestation.

UK Prime Minister Boris Johnson, who is hosting the global meeting in Glasgow, has labeled the commitment as a “landmark agreement to protect and restore the earth’s forests”.

US President Joe Biden addresses the COP26. / Image: File

Todays actions building on tomorrows future:

US President Joe Biden addressed the summit on Monday, stating that the United States will “lead by example” when it comes to implementing actions, targets and measures that address climate action.

The President called on world leaders to unite on the agenda, warning no country can escape what is to come if policymakers fail to seize the opportunity of making a change to global emissions.

“Right now, we’re still falling short. There’s no more time to hang back or sit on the fence or argue amongst ourselves,”

Biden said.
Boris Johnson at COP 26 / Image: File

Underwhelming G-20 summit

Biden’s arrival in Scotland’s largest city comes shortly after leaders of the world’s 20 largest economies appeared to fall short of meaningful climate pledges in Rome, Italy, over the weekend.

Rome’s G20 summit resulted in countries agreeing to pursue “meaningful and effective” action to cap global heating to 1.5 degrees Celsius – that’s a threshold that is seen as critically important to avoid disaster.

However, the group offered few concrete actions to target climate change, with no explicit commitment to net-zero carbon emissions by 2050.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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AI tracks enigmatic cancers back to origins in new study

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In a groundbreaking development, scientists have unveiled a remarkable AI tool that promises to revolutionise the detection and treatment of metastatic cancers.

These elusive cancers often evade detection until they have already spread to distant organs, posing a significant challenge for diagnosis and treatment. Published in Nature Medicine, the study showcases an AI model developed by researchers at Tianjin Medical University (TMU) in China, led by Tian Fei and Li Xiangchun. Trained on a vast dataset of 30,000 images from 21,000 individuals, the AI model demonstrated an unprecedented accuracy rate of 83% in identifying the origins of metastatic cancer cells found in fluid samples from abdominal or lung regions.

Impressively, the model’s top three predictions included the tumour’s source with a staggering 99% accuracy.

This breakthrough not only surpasses the capabilities of human pathologists but also offers a beacon of hope for the 300,000 people annually diagnosed with cancer at TMU-affiliated hospitals, where approximately 4,000 cases rely on such image-based diagnoses.

By significantly reducing the need for invasive tests and providing timely and accurate predictions, this AI tool could potentially extend the lives of late-stage cancer patients. Faisal Mahmood of Harvard Medical School praises the study’s findings, highlighting the potential of AI as an indispensable assistive tool in healthcare.

Looking ahead, the integration of AI with tissue samples and genomic data holds the promise of further enhancing outcomes for individuals battling metastatic cancers of unknown origins, ushering in a new era of precision medicine and personalised care.

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Surprising Netflix subscriber surge despite price hikes

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Netflix Surpasses Expectations with 9.33 Million New Subscribers in Q1 2024

Netflix stunned analysts and the industry alike with its first-quarter 2024 earnings report, revealing a remarkable surge of 9.33 million paid subscribers, soaring past the anticipated 3.93 million additions and bringing its total subscriber count to an impressive 269.60 million.

This surge follows a record-breaking fourth quarter of 2023, where Netflix added 13.1 million subscribers. Despite this remarkable growth streak, Netflix announced it would cease reporting quarterly subscriber totals from 2025 onward, signalling a significant shift in industry dynamics. Notable contributors to this growth included high-profile releases like the live-action adaptation of “Avatar: The Last Airbender” and “3 Body Problem” by the show-runners behind “Game of Thrones.”

Regionally, the U.S. and Canada saw a growth of 2.53 million paid subscribers, while Europe, the Middle East, and Africa added 2.92 million, Latin America saw an increase of 1.72 million, and the Asia-Pacific market experienced a rise of 2.16 million.

Alongside surpassing subscriber expectations, Netflix exceeded financial projections, reporting a 15% increase in revenue from Q1 2023, with diluted earnings per share of $5.28 on $9.37 billion in revenue.

Looking ahead, Netflix forecasts robust financial performance for Q2, with expectations of $9.49 billion in revenue and diluted EPS of $4.68, aiming for revenue growth of 13% to 15% for the full year 2024, reflecting a bullish outlook on its operational margin.

 

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Why are Americans moving abroad?

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Inflation and the rising cost of living in the United States is motivating Americans to consider moving to other countries.

Have you ever dreamed of working or retiring abroad?

Well, more and more Americans are discovering that their income can stretch much further in other countries, allowing them to save more, pay off debts, and even get ahead financially.

Kelli Maria Korduck a contributor with Business Insider joins Veronica Dudo to discuss why Americans are deciding that the only way to get ahead is to leave.

#IN AMERICA TODAY #featured #livingabroad #movingabroad #inflation #travel

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