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More heavy rains, powerful gales on tap for Northern California

(Reuters) - Northern California will on Wednesday bear the brunt of the latest Pacific storm to roll through the state, which has been battered by deadly rains and powerful winds...

(Reuters) - Northern California will on Wednesday bear the brunt of the latest Pacific storm to roll through the state, which has been battered by deadly rains and powerful winds that have chased thousands from their homes and flooded entire towns.

The newest round of storms was expected to produce torrential downpours and gale force winds along the northern coast, where the threat of flooding will persist until Friday, the National Weather Service (NWS) said.

The forecast comes as a historic stretch of heavy rains and fierce winds since the end of December has caused widespread flooding that submerged towns and mudslides that have blocked major highways.

The storms, which have dumped more than two feet (61 cm) of rain in some areas, have killed at least 17 people since the start of the year, California Governor Gavin Newsom said.

On Tuesday, a Ventura County sheriff’s helicopter rescued half a dozen residents who were left stranded near Ojai, about 70 miles (113 km) northwest of Los Angeles, after mudslides cut off the only road through Matilija Canyon, local media reported.

In the Rancho Oso area of the Santa Ynez Mountains above Santa Barbara, mud and debris across the roadway isolated about 400 people and 70 horses, the Santa Barbara County Fire Department said on Twitter, posting a photo of a vehicle stuck in the mud.

The search for a five-year-old boy who was swept away by raging floodwaters near San Miguel, a small village in Central California, was to resume on Wednesday morning, the local sheriff's department said.

Wind gusts have downed powerlines, knocking out electricity to 51,000 homes and businesses as of early Wednesday, according to data from Poweroutage.us.

Earlier this week, thousands of people were told to evacuate in several communities across the state, including the entire affluent enclave of Montecito near Santa Barbara, due to heightened flood and mudslide risks.

Many of the evacuation orders have been lifted, but not in rural town of Planada in Central California where neighborhoods and businesses remained underwater.

The torrential rains, along with heavy snow in mountain areas, are caused by "atmospheric rivers" of dense moisture funneled into California from the tropical Pacific.

Experts say the growing frequency and intensity of such storms, interspersed with extreme heat and dry spells, are symptoms of climate change. Though the rain and snow will help replenish reservoirs and aquifers, a mere two weeks of precipitation will not solve two decades of drought.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

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USD/JPY

157.91

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↑ Buy

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

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2,295.80

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Silver Futures

26.677

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4.5305

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85.62

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Euro Stoxx 50

4,920.55

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DAX

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-42.98 (-2.13%)

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27.35

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266.60

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Adidas AG

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Siemens AG Class N

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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SJC Eximbank8,300/ 8,500
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Cập nhật 01-05-2024 10:45:19
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Cập nhật lúc 10:45:15 01/05/2024
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