LOS ANGELES. – An intensive heat wave continued to grip much of the United States this weekend, triggering record-breaking temperatures and placing millions of people under heat alerts.
“A heat wave will continue over much of the eastern US south of a quasi-stationary boundary,” the Weather Prediction Centre (WPC) said on Saturday.
“These temperatures remain the most anomalous and dangerous for early summer over portions of the Midwest/Ohio Valley east to the Mid-Atlantic,” the WPC said.
“Conditions will remain hot from central to southern California,” it said, adding that “Highs on Sunday and Monday will range in the mid to upper 100s.”
More than 115 million people across the United States are currently under active National Weather Service (NWS) extreme heat alerts, according to the National Integrated Heat Health Information System on Saturday.
The worst part is that the heat wave comes at a time when the US is economy is troubled and life has become very difficult for citizens, banks and corporates.
The sight of the heatwave not relenting is the same as the breaking of the US economy breaking.
But the US economy is breaking in plain sight. Only the savings cushion of the richest 20 percent are keeping afloat. And if interest rates keep rising nearly every day, even that won’t be enough.
The beginning of the quarter has gotten off to a torrid start with long-term Treasury yields rising above 4,75 percent in the first day and a half of trading through tomorrow morning. – Xinhua.



