Hurricane Olaf's winds weaken, bringing heavy rains to Mexico's Baja California Sur
MEXICO CITY: Hurricane Olaf is forecast to remain a hurricane while it moves along the southwestern coast of Mexico\u0027s Baja California Sur on Friday (Sep 10), although its maximum sustained winds have decreased to near 130 km/h, the US-based National Hurricane Center (NHC) said. Olaf\u0027s winds have died down
LinkedIn MEXICO CITY: Hurricane Olaf is forecast to remain a hurricane while it moves along the southwestern coast of Mexico's Baja California Sur on Friday (Sep 10), although its maximum sustained winds have decreased to near 130 km/h, the US-based National Hurricane Center (NHC) said..LinkedIn MEXICO CITY : Mexican and U.Read full article 9 September 2021, 7:35 pm · 2-min read FILE PHOTO: Mexico's Central Bank Governor Alejandro Diaz de Leon Carrillo speaks during the presentation of the national financial inclusion policy, in the Interactive Museum of Economics (MIDE) in Mexico City MEXICO CITY (Reuters) - Bitcoin is more like a means of barter than "evolved" fiat money, Mexico's central back chief said on Thursday, calling it a high-risk investment and a poor store of value.
Olaf's winds have died down from a maximum of 155 kph when it hit land near San Jose del Cabo at 10pm on Thursday night.The Miami-based NHC said the center of Olaf was located about 55km west-southwest of La Paz, Mexico, and was moving northwest at 17 km/h at 12pm GMT.Olaf is forecast to produce total rainfall of 5 to 10 inches, with maximums of 15 inches across parts of southern Baja California Sur on Friday, which may trigger"significant and life-threatening" flash flooding and mudslides.The two governments did not discuss the reactivation of the U.The NHC said that Olaf is expected to weaken to a tropical storm by Friday night, when it begins to move away from land and then degenerate to a post-tropical cyclone by Saturday night.Authorities late on Thursday had reported fallen trees and power outages in Los Cabos." The Banxico boss argued that in order for a cryptocurrency to be considered money it must be a reliable payment method.
Shelters were opened for some evacuations in vulnerable areas.There will be meeting between U.There are no oil installations on Mexico's Pacific coast but there are tourism destinations.Source: Reuters.
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Bitcoin is barter, not money, Mexico central bank chief saysBitcoin is more like a means of barter than 'evolved' fiat money, Mexico's central back chief said on Thursday, calling it a high-risk investment and a poor store of value. Bank of Mexico Governor Alejandro Diaz de Leon's comments suggest Mexico will not be following El Salvador any time soon in adopting the digital currency as parallel legal tender. 'Whoever receives bitcoin in exchange for a good or service, we believe that (transaction) is more akin to bartering because that person is exchanging a good for a good, but not really money for a good,' said Diaz de Leon.
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