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Northern Italy region hit by torrential rain, cancels F1 race

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Italy’s Civil Protection Minister said some areas had received half their annual rainfall in just 36 hours

 
Several people died and thousands were evacuated from their homes as torrential rain battered Italy’s northern Emilia-Romagna region, triggering widespread floods.

The coastguard rescued residents in Faenza from their roofs.

Italy’s Civil Protection Minister said some areas had received half their annual rainfall in just 36 hours, causing rivers to burst their banks, sending water cascading through towns and submerging thousands of acres of farmland.

The torrential rains followed months of drought which dried out the land, reducing its capacity to absorb water and worsening the impact of the floods, meteorologists said.

The vice president of Emilia-Romagna said the rains were starting to ease later on Wednesday but that river levels were still rising.

This weekend’s Formula One race in Imola, which is close to many of the worst-hit areas, was called off after the government said the emergency services had to concentrate on the rescue operation.

Muddy waters flowed through the streets of Faenza, forcing locals to flee to the top stories of their homes. Many were rescued by firefighters in dinghies.

Road and rail links were blocked in numerous locations and the mayors of many towns and cities, including Bologna, urged residents not to leave their homes.

It was the second time this month that Emilia-Romagna has been battered by bad weather, with at least two people dying during storms at the beginning of May.

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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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