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Home Investing

No end in sight to volcanic eruption on Spain’s La Palma

by Trading How
October 17, 2021
in Investing
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No end in sight to volcanic eruption on Spain's La Palma - Canaries president
© Reuters. Lava spewed by the Cumbre Vieja volcano flows down a hill because it continues to erupt on the Canary Island of La Palma, as seen from Tajuya, Spain, October 17, 2021. REUTERS/Susana Vera

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By Miguel Gutierrez

LA PALMA, Spain (Reuters) -There is no such thing as a rapid finish in sight to the volcanic eruption that has prompted chaos on the Spanish isle of La Palma because it started a few month in the past, the president of the Canary Islands mentioned on Sunday.

There have been 42 seismic tremors on the island on Sunday, the most important of which measured 4.3, in accordance with the Spanish Nationwide Geographical Institute.

“There are not any indicators that an finish of the eruption is imminent despite the fact that that is the best want of everybody,” President Angel Víctor Torres mentioned at a Socialist social gathering convention in Valencia, citing the view of scientists.

Streams of lava have laid waste to greater than 742 hectares (1,833 acres) of land and destroyed nearly 2,000 buildings on La Palma for the reason that volcano began erupting on Sept. 19.

About 7,000 folks have been evacuated from their houses on the island, which has about 83,000 inhabitants and types a part of the Canary Islands archipelago off northwestern Africa.

All the 38 flights which have been scheduled to reach or take off from La Palma airport on Sunday have been cancelled due to ash from the volcano, state airport operator Aena mentioned, however the airport there stays open.

Disclaimer: Fusion Media want to remind you that the information contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs should not supplied by exchanges however relatively by market makers, and so costs will not be correct and will differ from the precise market worth, which means costs are indicative and never acceptable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any duty for any buying and selling losses you may incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury on account of reliance on the knowledge together with information, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types attainable.





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