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10 October 2018, 07:58 | Edward Lowe
Michael A Threat to Maine? All eyes are on Hurricane Michael. Will it have an impact on Maine
"We have a pit in our stomachs", National Hurricane Center Director Ken Graham said on Wednesday morning discussing the storm's approach on the Weather Channel.
Georgia Governor Nathan Deal declared a state of emergency on Tuesday for 92 counties in his state.
"We've told those who stayed to have their life jackets on when the storm comes", Tress Dameron, Franklin County emergency management coordinator, told The News Herald in Panama City. "There are warnings for more than 300 miles (480km) of coastline", the National Weather Service tweeted, predicting that Michael would become a "large and risky hurricane".
The unexpected brute quickly sprang from a weekend tropical depression and grew swiftly into what could be one of the Panhandle's worst hurricanes in history, with destructive wind, up to a foot of rain and a life-threatening storm surge of up to 13 feet.
The National Hurricane Center called Michael "potentially catastrophic" and "extremely unsafe".
Scott implored residents on Wednesday to seek shelter and prepare for the monster storm.
A state of emergency was declared in Alabama.
Previous year saw a string of catastrophic storms batter the western Atlantic - including Irma, Maria and Hurricane Harvey - causing a record-equaling $125 billion in damage when it flooded the Houston metropolitan area.
A red flag, warning of risky conditions, is seen as Hurricane Michael approaches Panama City Beach, Florida, U.S. October 10, 2018.
The storm surge in some places in Florida could reach more than 10 feet, the NHC warned.
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Blake also said he hoped that everyone had left the coast along the Florida Panhandle, as this was a "near-worst case" scenario for the region.
Florida's Panhandle, from Pensacola to Apalachicola, and its Big Bend area are the zones of greatest concern.
Mr Scott warned that he may order more evacuations due to the size of the potential storm surge.
On Tuesday, Mr Scott said he activated 2500 Florida National Guard troops in preparation for the storm.
Where has Hurricane Michael hit so far?
Tens of thousands of people were told to evacuate coastal areas as the storm moved over the Gulf of Mexico, bringing winds of 120mph and disrupting oil production.
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At least 13 storm-related deaths have been reported in El Salvador, Honduras and Nicaragua. US producers in the Gulf cut oil production by about 40 percent and natural gas output by 28 percent on Tuesday, the Bureau of Safety and Environmental Enforcement said.
Hurricane Michael Expected to Grow into a Major Hurricane
" Hurricane Michael is forecasted to be the most destructive storm to hit the Florida Panhandle in decades", Scott said. Bill Nelson, said a "wall of water" could cause destruction along the Panhandle. "We've got supplies to last us a week".
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Yields of China's 10-year central government bonds have been trending lower this year, standing at 3.633 per cent on Monday. At present, the interest rate on China's benchmark bond is about 60 basis points higher than on the USA one.
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