On after the wind event is over, sometime midday tomorrow, they dont just flip a switch and turn the power back on, they have to go out and physically inspect all of those lines to make sure if a limb has come down on one of those lines, they ve clear that, make sure everything is okay. They started turning off power in the Sierra Foothills around 2 00 this afternoon. Places like the peninsula, they could be impacted. Overnight stly. But as you said, it takes time to get it back up and running. They cant just turn it back on. We could have another wind event, possibly over the weekend. Yeah. Sunday looks a bit dicey at this point. So well have to see about that. And its so interesting, isnt it, that they can flip the power off no problem but turning it back on is a little more challenging because they dont want to just turn it back on in the event that a line has been damaged in the wind. That defeats the purpose of the Power Shutoff. If you then risk some kind of fire danger. Of cours
The Pound tumbled against the New Zealand Dollar on Wednesday following a disappointing GDP release, which puts pressure upon the BoE to cut interest rates.
The Pound to Euro (GBP/EUR) exchange rate fluctuated last week, with the pairing coming just shy of the 21-month high struck in the last week of May, before weakening.