why is salora international limited (500370) falling - Free Financial Group

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why is salora international limited (500370) falling ✌️【Stock】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The storm, located about 100 miles west-northwest of Tampa, Florida, with maximum sustained winds of 75 mph, is expected to strengthen even further before making landfall in Florida’s Big Bend region Monday morning.

“Debby is then expected to move slowly across northern Florida and southern Georgia Monday and Tuesday, and be near the Georgia coast by Tuesday night,” the hurricane center said in its 11 p.m. advisory.

Debby began dumping rain on parts of the state earlier Sunday as a tropical storm and is expected to unload potentially historic amounts of rainfall over the southeastern United States.

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Hundreds of thousands of college and K-12 students will be impacted as several schools in the storm’s projected path have canceled classes Monday, including the University of Florida and Georgia Southern University.

Dangerous conditions had already begun Sunday off Florida’s coast. Two boaters were rescued after their vessel lost its sail amid 15- to 20-foot seas and 50-knot winds, the US Coast Guard in Tampa Bay said.

Debby’s arrival continues to cement an exceptionally early start to the hurricane season after Hurricane Beryl tore through the Caribbean and Texas last month as theearliest Category 5Atlantic hurricane on record. The second Atlantic hurricane does not occur, on average, until August 26.

Hurricane conditions are expected to arrive by Monday morning, with the outer bands of the storm system making their way on shore during the day Sunday. The storm is forecast to reach the coast of the Big Bend around midday Monday, at which point Debby is expected to then crawl across northern Florida and southern Georgia throughout the day and into Tuesday, the hurricane center said.

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why is salora international limited (500370) falling ✌️【Stock】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. Tropical storm and storm surge watches and warnings have also been issued for parts of Florida, coastal Georgia and parts of South Carolina. The hurricane center upgraded a tropical storm watch to a warning for the area west of Indian Pass to Mexico Beach, Florida, in its 5 p.m. ET update, and a tropical storm warning was also issued for the eastern coasts of Florida and Georgia from Ponte Vedra Beach to the Savannah River.

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Florida Gov. Ron DeSantis,Georgia Gov. Brian KempandSouth Carolina Gov. Henry McMasterhavedeclared states of emergency for their states in advance of the storm’s arrival. DeSantis on Sunday said in a news conference that he’d activated the Florida National Guard so it would be poised to assist with humanitarian needs as well as search and rescue.

DeSantis called on residents to finish their preparations and to brace for power outages, “particularly in parts of the state like here in Tallahassee.”

“There’s going to be a lot of trees that are going to fall down. You’re going to have debris. You are going to have power interruption,” the governor said, “so just prepare for that.”

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DeSantis also urged Florida residents to avoid floodwaters ahead of the storm’s potentially significant flooding impacts, particularly in North Central Florida.

“Please do not drive your vehicles through flooded streets. The number one way we have fatalities as a result of floods is people trying to drive through the floodwater,” he said.

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President Joe Biden on Sunday approved a disaster declaration for Florida, the White House announced, authorizing federal resources to respond to any disaster relief efforts.

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Oceans are alsogetting warmerandsupercharging storms, pumping them full of moisture. A 2022 study published in the journalNature Communicationsfound climate change increased hourly rainfall rates in tropical storms by 5 to 10% and in hurricanes by 8 to 11%.

“Conditions are favorable for strengthening over the Gulf of Mexico with warm sea surface temperatures and light shear. Intensification is likely to be slow during the first 12–24 hours, then proceed at a faster rate after the cyclone develops an organized inner core,” the National Hurricane Center said of Debby.

By early Monday, Debby is expected to move into the Apalachee Bay area of Florida as itmoves northward over the Gulf, according to the Weather Prediction Center.

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In the meantime, county officials have urged residents in communities along Florida’s Gulf Coast to evacuate ahead of the storm. Mandatory evacuation orders are in effect for parts of Franklin, Citrus and Levy counties, with voluntary orders issued in Hernando, Taylor and Pasco counties.

“I am worried about the aftermath and seeing how much damage we get (and) how we are going to fix it,” Sue Colson, the mayor of Cedar Key in Levy County, told 【 - Free Financial Group 】 Sunday. The city sits on the island of Way Key in the Gulf of Mexico, about four miles off the coast. She cited high amounts of anticipated rain as well as the threat of storm surge.

On Saturday, Florida Highway Patrol knocked on doors to tell residents to consider leaving, Colson said. Residents were continuing to finish their preparations on Sunday morning.

“I think everybody needs to make wise decisions for themselves and not endanger others by endangering yourself,” she said. “If you’re endangering yourself, you are endangering others, because then they have to rescue you.”

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【 - Free Financial Group 】’s Robert Shackelford, Allison Chinchar, Elliana Hebert, Raja Razek, Sam Fossum and Melissa Alonso contributed to this report.

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