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34,000 PG&E clients will drop electricity Monday, Berkeley claims

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34,000 PG&E customers will lose power Monday, Berkeley says
A PG&E substation in West Oakland, August 15, 2020. Photo: Pete Rosos

Update, 6:35 p.m. Electric power outages in Berkeley on Monday might final up to 5 hrs and could recur Tuesday and Wednesday from 3-10 p.m., the city suggests.

Update, 5:53 p.m. Authorities in Berkeley have just announced that 33,964 PG&E prospects “will be incorporated in rolling blackouts this evening. PG&E has not indicated the areas that will be affected. For extra information and facts simply call PG&E at 800-743-5000. If you have a everyday living-threatening unexpected emergency, simply call 9-1-1.” Metropolis staff sent out an inform with this new information at about 5:50 p.m., a number of minutes following PG&E educated the town of these specifics.

Original tale: Some regions of Berkeley may well eliminate energy Monday “because of high electrical power demands statewide,” Berkeleyside has uncovered.

Alameda County has been sending messages through the working day about the possibility of outages, but none of them incorporated unique information and facts about Berkeley. Neighborhood people also acquired robocalls about what ended up explained as the risk of “rotating outages” in the space. Officials have said lowering electricity use could avert outages in the course of the ongoing heatwave.

Just ahead of 4:10 p.m., city staff members despatched Berkeley council users an e mail expressing “some element or parts” of Berkeley could lose electricity for a person to two hrs involving now and 10 p.m. Monday. The town is striving to get more information and facts from PG&E about where the outages will happen, how extensive they will final and no matter if any health care baseline consumers — men and women who need to have electrical energy for their healthcare demands — will be influenced, said a person person who gained the email.

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The county has requested regional people and firms to preserve energy from 3-10 p.m. Monday via Thursday owing to the predicted strain on the grid from what is been described as a document-breaking, persistent heatwave.

“Due to heightened energy calls for statewide, PG&E and the state ISO [Independent System Operator] have issued a statewide flex warn starting off these days and long lasting until finally August 20th. From 3-10 PM, be sure to conserve electricity use in your house,” Alameda County officers wrote Monday in an AC Alert concept. “There is a sturdy chance of rolling blackouts during the state. This usually means there is a prospective of shedding ability to your region thanks to overload on the electrical grid. There is also a prospective for nearby warmth linked outages not associated to these rolling black outs. Make sure you be make preparations for a potential reduction of electrical power to your household.”

A lot more data is out there on the web at http://www.flexalert.org.

Vitality conservation guidelines from authorities involve boosting the thermostat, applying admirers, masking home windows, averting oven use, preserving the fridge closed as a great deal as attainable and confining laundry and dishwashing to early in the day or after 10 p.m.

The metropolis experienced not offered its e mail to Berkeleyside or shared any other information as of publication time regardless of recurring inquiries. PG&E has not responded to a ask for for information and facts.

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Berkeleyside will share additional details if they become offered.

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Economy

Wall Street is back on a roller coaster of volatility. But Biden still has a positive balance for a year – Bolsa

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Wall Street is back on a roller coaster of volatility.  But Biden still has a positive balance for a year - Bolsa

US equities continued to test positive territory but eventually turned red in a volatile session with many ups and downs.

The Dow Jones industrial index fell 0.89% to 34,715.39 points. Remember, on January 5th it reached a level that was not there before, 36,952.65 points.

The Standard & Poor’s 500 fell 1.10% to 4482.73. Its historical maximum was reached in intraday trading on January 4 and amounted to 4818.62 points.

On the other hand, the Nasdaq Composite Technology Index lost 1.30% to 14,154.02 points. Yesterday, the index entered correction territory, losing 10% from its previous closing record reached on November 19. Its all-time intraday high is 16,212.23 points, set on November 22.

Indices on the other side of the Atlantic once again fluctuated between profit and loss, trading in positive territory as the rise in sovereign debt rates stabilized.

The sun was short-lived, however, and late in the session, the sell-off movement seen in recent days became more visible again, especially in the technology sector, which has grown strongly over the past two years due to low interest rates. and that he now fears the consequences of a Fed rate hike that could start as early as March.

This drop in technology is not a promising sign ahead of the final quarter 2021 financial report, Bloomberg highlights. It will be Netflix’s turn today as soon as Wall Street ends its regular timeslot.

It has been a very volatile month for US stocks. Nevertheless, CNN notes, the first year of Joe Biden’s presidential term has a positive balance in the stock markets.

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A year ago on this date, Biden took office and the S&P 500 has risen about 18% over that period, hitting consecutive all-time highs. The Dow Jones is accumulating more than 12% gains, while the Nasdaq posted a less “impressive” performance of just 6%.

But this start to the year isn’t just bad for the Nasdaq. So far, the S&P 500 and Dow are down more than 4% since the first session of 2021.

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Economy

Bitbase Spaniards Want to Invade Portuguese Trade Centers with Crypto ATM

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Bitbase Spaniards Want to Invade Portuguese Trade Centers with Crypto ATM

Spanish giant Bitbase, a cryptocurrency retailer that completed a $52 million virtual asset transaction last year alone, has decided to choose Portugal as the first country to start international expansion.

The company will open its first store in the country next Monday, January 24th. The space will be located in Campo de Ourica, Lisbon. In a press release sent to Negosios, the company added that it still wants to launch cryptocurrency ATMs.

“The company’s vision is to make specialty stores accessible to the public, where people can not only buy or sell cryptocurrencies, but also provide information, advice, or buy other physical products related to the cryptographic world. the function is to explain in as much detail as necessary what cryptocurrencies, blockchain and decentralized finance (DeFi) are,” the company, led by Alex Fernandez, explains in a statement.

Contacting Negosios, Bitbase clarified that in the short term, “in addition to the store in Lisbon, we would like to open another one in Porto, as well as install four crypto terminals in malls.” By the end of 2022, the company still aims to recruit and train “five to ten people.”

Bitbase’s big bet in Portugal will be on the franchise, a model that is widely adopted in Spain and forms a prominent part of the spaces that represent the brand. After Portugal, the company wants to enter the markets of Great Britain and Colombia.

The Spaniards are in direct competition with the Portuguese “cryptomas”

The new Bitbase store will be the second store of its kind to be opened in the country, as Criptoloja, one of the “children of crypto” licensed by Banco de Portugal last year and in the meantime acquired by the Brazilian giant 2TM, already has a face-to-face service faces on Avenida da Liberdade in Lisbon.

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In terms of ATMs, they will also compete directly with another Portuguese “crypto baby”, Mind the Coin, which already has six crypto terminals: Braga, Maia, Faro, Alverca, and now Lisbon and Gaia, according to data provided by company and confirmed by Negosios on the Coin ATM Radar platform.

When asked when he would start installing new machines in Porto and other cities, manager Fernando Guimarães replied that “there is no formal schedule, but as soon as a partnership arises, we are ready to do it.”

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Economy

City Center Covilhã will open its doors in 2023. The shopping center will cover an area of ​​18,000 square meters – Empresas

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City Center Covilhã will open its doors in 2023.  The shopping center will cover an area of ​​18,000 square meters - Empresas

City Center Covilhã is due to open its doors in the second quarter of 2023, according to CBRE, the consulting company responsible for commercializing the commercial project. The real estate consulting firm said in a statement that the space is intended to “help increase investment at the gates of the city of Serra da Estrela.”

This shopping center, which will be located on the axis of the main road of Covilhã, will have a total area of ​​about 18,000 square meters and 14 stores, clarifies CBRE. In total, it will have two floors, “two of them with direct access from the arteries surrounding the project and parking for approximately 740 spaces, of which 242 are located on the surface.”

According to the newspaper O MIA, this project should create 600 jobs in the region. The project is promoted by Forumlar with Frontcity being the person responsible for the architecture. Forumlar’s directors, Artur Costa Pais and Paulo Ramos, have an investment portfolio of tens of millions of euros in consortium with other tourism, distribution and healthcare partners in the Serra da Estrela region.

“This type of project, which in some situations can be seen as an extension of street retail with additional parking valence for customer convenience, has proven to be an asset typology that is resilient to the negative effects of the pandemic,” explains Carlos Recio, director of retail advisory and transactional services at CBRE, quoted in the statement. .

“This feature was due, on the one hand, to the physical characteristics, since they are open spaces, large sizes and direct access to stores from the outside, which gives consumers a sense of security, and on the other hand, for the offer that they traditionally have, including some of the sectors of activity that were less affected by the drop in consumption.”

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