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Hurricane Dorian Heads to Florida After Brushing Caribean Islands – Declared State of Emergency for the Entire State

Inversk Review

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Hurricane Dorian is now expected to hit southeastern Florida early Monday as a powerful Category 4 hurricane winds of at least 209 kilometers per hour (130 mph) — proving to be the strongest direct hit to Florida’s east coast since Hurricane Andrew in 1992.

The storm is also expected to linger over central Florida on Tuesday but tropical storm-force winds from Dorian could begin in parts of Florida as early as Saturday evening, The National Hurricane Center has warned.

The Hurricane Center describes Category 4 storms as capable of causing “catastrophic damage” including severe damage to well-built homes. It said in such storms, “Most trees will be snapped or uprooted and power poles downed.

Dorian was upgraded to a hurricane on Wednesday afternoon and was impacting Puerto Rico with outer bands and the Virgin Islands with heavy rain and wind. The core of the storm’s worst weather passed just east of Puerto Rico with no serious damage..

The storm rolled over the Virgin Islands later on Wednesday, hitting St. Thomas with wind gusts of up to 100 mph and is now heading away from Puerto Rico, which dodged the worst of the storm.

On Thursday night, the National Weather Service in Florida warned that Dorian could bring a “triple-threat of dangers” to Florida — including “life-threatening storm surge, devastating hurricane-force winds and heavy rains.” They urged Floridians to “prepare NOW.”

Florida Governor Ron DeSantis declared a state of emergency for the entire state of Floida on Thursday evening. Initially, the state of emergency was declared for 26 counties on the east coast but extended it on Thursday to the whole of Florida. The governor tweeted saying he has activated more than 2,500 Florida National Guard troops as the state braces for Hurricane Dorian.”I encourage all Floridians to continue to monitor and heed all warnings.” he added.

“All residents, especially those along the east coast, need to be prepared for possible impacts,” the governor said in a statement. “As it increases strength, this storm has the potential to severely damage homes, businesses and buildings, which is why all Floridians should remain vigilant. Do not wait until it is too late to make a plan.”

U.S. President Donald Trump has also canceled a planned trip to Poland to “ensure that all resources of the federal government are focused on the arriving storm … it’s something very important for me to be here,” he said on Thursday evening.

Florida Power and Light also activated its emergency response team on Thursday, securing nearly 13,000 workers to help restore power. The state’s largest power company also urged customers to prepare for possible power outages. Reported CBS News.

“We’re actively working with other utilities from across the United States to secure additional crews and equipment and pre-positioning resources in advance of the storm’s landfall, so we are ready to respond as soon as it is safe to do so,” said Eric Silagy, president and CEO of Florida Power and Light.

Florida residents on Thursday evening rushed to supermarkets across the states collecting food and supplies.

According to a report by CBS News, the reason the storm has shifted is because its circulation has been rather disorganized and big convective bursts (clusters of thunderstorms) on the east side of the circulation are making the system lopsided, pulling and tugging the center further east.

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Companies

WeWork to lay off 4,000 Workers in a Bid to Achieve Financial Stability After Failed IPO

Georgina Korir

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At least 4,000 people are set to be laid off work by WeWork from its workforce, The New York Times reported on Sunday.

WeWork is expected to announce the cuts as early as this week as it is recovering from major losses after a failed IPO in September this according to The Times.

The Times was told by a person with knowledge of the matter that the company’s core office-sharing business would slash 2,000 to 2,500 employees from its global ventures. The source added that around 1,000 employees from noncore businesses will exit the embattled real estate startup and 1,000 maintenance workers will be transferred to an outside contractor.

According to The Times, this exodus represents roughly a third of the company’s 12,500 employees. A second source with knowledge of the matter said the number of layoffs could be as high as 5,000 or 6,000.

The sources said, the announcement will be part of the company’s five-year plan to completely overhaul the business recovering from the brink of bankruptcy. They added, the announcement could be presented to staff as early as Tuesday.

A spokesperson for WeWork declined to comment on the report.

WeWork received a $10 billion bailout which took control of the company in October after it failed to go public from Japanese investment firm Softbank. Softbank also gave CEO and cofounder Adam Neumann $1.7 billion to step down from his position as chairman of the board at WeWork.

WeWork said it lost $1.25 billion in the third quarter last week.

While injecting money into WeWork, Softbank also took a massive hit in the July to September period losing a record $6.46 billion.

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Aviation

Business Aviation Risks Ban in UK by 2025, Labor Politicians have Suggested

Dennis Kamau

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The business aviation in United Kingdom is at a threat of being banned by 2025, some UK politicians have suggested.

NBAA CEO Ed Bolen says “The Business Aviation has seen the pioneering of new technologies that has seen reduction of carbon emission with less than 40% emission.” However, this isn’t the case with UK Labor politicians. Some are pushing for ultimate ban of business aviation. This has seen the business aviation groups coming into the defense with National Business Aviation Association and International Business being the main fighting for their industry.

The main reason for pushing the ban is that business aviation is too dirty. Why do they view it as being dirty? Well, The Labor politicians view the business aviation as a leading carbon emission. IBAC director Kurt Edwards says “UK leaders need to focus in making sustainable aviation fuels (SAF) widely available in UK with positive incentives to encourage use of SAF in greater quantities. The business Aviation has overseen the emissions and energy saving technologies that is been used greatly in Aviation Industry.”

Also this suggestion came as a result of a report that showed the carbon emission was equivalent to 450,000 cars a year. The Shadow Transport Secretary Andy McDonald tweeted Monday 4th November, “The Multi-millionaires and billionaires who travel by jet are doing profound damages to the climate, and it’s the rest of us who’ll suffer the consequences. A phase-out date for the use of fossil fuel private jets is a sensible proposal.”

If the suggestion from the labor politicians is to go by, then the business aviation will suffer great losses and eventually death due to lack of profits. This is also going to greatly affect the creativity of newer technologies that will cut the energy and carbon emissions which is influenced by some of the invention technologies from business aviation as stated by IBAC director. It will also influence the full achievement of environment friendly after fossil planes are phased out as, UK seeks to be environment friendly by 2044 using strategies and plans outlined in the 25-year plan launched in 2018.

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International

Oil Prices drop as Uncertainty Weighs on The U.S.-China Trade

Georgina Korir

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Amid renewed doubts over the prospects of the US and China trade deal, Oil prices fell more than 1 per cent on Monday, while worries about oversupply also weighed on the market.

Brent crude was down 69 cents, or 1.1 per cent, at $61.82 by 0730 GMT. The contract rose 1.3 per cent last week. U.S. crude was 63 cents, or 1.1 per cent, lower at $56.61 a barrel, having risen 1.9 per cent last week.

U.S. President Donald Trump said on Saturday that trade talks with China were moving along “very nicely,” and also stressed a deal will be agreed ‘if it was a right one for America’.

Phillip Futures analyst was quoted saying: “China delivered a massive deflationary shock in its factories, providing a somber tone towards the fragile state of the global economy.”

the sixteenth trade war between the world’s two biggest economies has raised concerns that a supply glut could develop in 2020 due to the slower economic growth around the world and this has prompted analysts to lower forecasts for oil demand.

Trump also said U.S. willingness to lift tariffs as part of a “phase one” agreement, news of which had boosted markets was incorrect reporting.

Underlining the impact of the trade war, data over the weekend showed that China’s producer prices fell the most in more than three years in October, as the manufacturing sector weakened, hit by the dispute and declining demand.

Analysts said that investors are also concerned about excess supplies of crude.

OPEC Secretary-General Mohammad Barkindo said last week, that the oil market outlook for next year may have upside potential, suggesting there is no need to cut output further.

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