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UN vote called ‘epic’ win for climate justice

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UN General Assembly voted to pass a resolution asking the International Court of Justice to define obligations of states to combat climate change

“Today we have witnessed a win for climate justice of epic proportions,” said Vanuatu Prime Minister Ishmael Kalsakau.

His comments came after the United Nations General Assembly voted to ask the world’s top court for an advisory opinion on national climate obligations.

The legal opinion could drive countries to take stronger measures and clarify international law.

“Importantly, the court will tell us what the legal consequences are for states that disregard these laws and cause climate and environmental harm,” he said.

Countries will submit input over the next year and it could take the court around 18 months to issue an advisory opinion.

The Republic of Vanuatu was the driving force behind the four-year campaign, leading a core group of 18 countries ranging from Costa Rica to Germany.

The United States did not support the resolution.

A spokesperson for U.S. President Joe Biden’s administration said “diplomacy – not an international judicial process – is the most effective path forward.”

Vulnerable countries like Bangladesh are applauding the move.

The country’s foreign secretary said the resolution’s passage was a ‘defining moment’ that could help bridge the gap between promised climate financing and what is being delivered.

“We hope this resolution and the consequent advisory opinion will provide a better understanding of the legal implications of climate change under international law and the rights of present and future generations to be protected from climate change.”

The resulting advisory opinion could be a vital input to the burgeoning climate-driven lawsuits around the world.

There are upwards of 2,000 cases pending worldwide.

Other international courts and tribunals are also being asked to clarify and define the law around climate obligations, including the Inter-American Court of Human Rights and the International Tribunal for the Law of the Sea. #trending #featured

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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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