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Waves from Tonga eruption cause oil spill in Peru

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The aftermath of the devastating underwater volcanic eruption in Tonga is being felt around the world

As recovery efforts continue surrounding nations are beginning to get a glimpse at the damage.

Unusually high waves attributed to the eruption caused an oil spill on the Peruvian coast

At least two kilometers of Peru’s central coast were impacted. 

The black smug claiming the lives of wildlife, and turning nearby beaches into black pits. 

Authorities say the rocky waves caused the ship to spill oil as it was being offloaded. 

The government didn’t say how many gallons were tipped into the water only that local and federal authorities were working to clean the coast.

La Pampilla refinery belongs to the Spanish company Repsol. It’s considered the main oil processing plant in Peru. Local authorities had closed area beaches to the public since Sunday.

The eruption on Saturday caused waves that crossed the Pacific.

There are reports of ‘significant damage’ across Tonga as a result of the tsunami 

New Zealand and Australia preparing to send humanitarian assistance amid limited international communications.

New Zealand said military operated flight on Monday had shown heavy ash covering the runway of the main airport which would need to be cleared before aid flights could start.

The Tongan government has said that work is proceeding by hand and local authorities are confident it will be completed by Wednesday. 

Meanwhile In Peru, two people drowned off a beach and there were reports of minor damage from New Zealand to Santa Cruz, California.

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Australia’s property market set to soar in 2026

Australia’s property market is set for strong growth in 2026, driven by demand and strategic investments across key regions.

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Australia’s property market is set for strong growth in 2026, driven by demand and strategic investments across key regions.


Australia’s property market is predicted to perform strongly in 2026, with no major losers expected as demand and prices rise across 14 key regions. Hotspotting’s latest analysis highlights which areas are set to shine and the factors driving this unprecedented growth.

Join Tim Graham from Hotspotting as he explains the methodology behind the price predictions and why infrastructure investments and government policies are playing a key role in shaping the market.

From regional hotspots to major cities, we explore emerging trends, buyer behavior, and the outlook for places like Darwin and Perth. Whether you’re a first home buyer or seasoned investor, this episode is packed with insights to navigate Australia’s booming property landscape.

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#AustraliaProperty #PropertyMarket2026 #Hotspotting #RealEstateTrends #HousingMarket #InvestingAustralia #PropertyGrowth #FirstHomeBuyers


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Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

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2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!


2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

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#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields


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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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