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Scientists discovered a new hydrothermal field 8,366 feet beneath the Pacific Ocean covering an area the size of a football field that could help them better understand how volcanic activity has affected life in Earth’s oceans. These deep-sea vents are located in places where activity from the planet’s crust causes tectonic plates to split and form new seafloor rock that contains cracks where seawater seeps – similar to what hot springs do on land, these vents eject mineral-rich fluids. heated to a high temperature. A team of researchers from Lehigh University discovered this field about 200 miles off the coast of Mexico and have stated that it will help to advance our understanding of how marine life is – and continues to be – affected by volcanic eruptions. Scroll down for the video ‘The mapping work provides a detailed picture of the ocean floor so we can monitor and measure changes that occur when the next volcanic eruption occurs,’ said one of the researchers. Photo: The hy

Even before interest rates rose by 125 basis points over the past few months, afraid rising interest rates have infected many sectors. Perhaps one of the sectors most directly affected is real estate. An increase in interest rates increases mortgage payments, which reduces property demand and prices. Now one of the hottest real estate markets in the world, Sydney, will see house prices drop by 20%. Not only that, the COVID-19 pandemic has also hit commercial real estate as many workers continue to use their homes as offices. All of this means that ASX’s stake in real estate investment trusts (REITs) has taken a brutal hit in 2022. In fact, S&P/ASX 200 A-REIT (ASX:XPJ) has fallen nearly 23% since the start of the year. REITs set for a stunning comeback Inflation is still rampant and the US Federal Reserve is set to deliver a super big interest rate hike in the coming months. The Reserve Bank of Australia will surely follow suit, to fix Australia’s own inflation and not devalue the

A massive asteroid the size of BUS will make a very close approach to Earth today – and astronomers only detected it three DAYS ago The asteroid, called 2022 NF, is between 5.4 and 12 meters in diameter It will come within 54,843.9 miles of our planet at approximately 2:45 p.m. BST Experts only found the asteroid on July 4th using a telescope in Hawaii By Shivali Best For Mailonline Published: 05:38 EDT, 7 July 2022 | Updated: 05:39 EDT, 7 July 2022 An asteroid the size of the London bus will make a very close approach to Earth today, although it was only detected a few days ago. The asteroid, called 2022 NF, will be within 54,843.9 miles of our planet at approximately 2:45 p.m. BST, according to NASA. To put it in perspective, that’s just over a quarter of the distance from the Moon at its closest point to Earth, which is 225,623 miles away. Fortunately, NASA’s calculations suggest that the massive space rock will sa