Rising Prices Are Caused by Monetary Inflation, Not Greed
Economics News philosophy Politics Science

Rising Prices Are Caused by Monetary Inflation, Not Greed

Price inflation is never caused by greed. It’s always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing.

Be sure to follow the Loot and Lobby podcast at Mises.org/LL


What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 


Originally Posted at https://mises.org/


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News Science

Houses and Slums Buried Under an Avalanche of Trash | Plainly Difficult


Originally Posted To The Plainly Difficult YouTube Channel

Plainly Difficult’s Spotify Channel For His Music

Plainly Difficult’s BandCamp Channel

Plainly Difficult’s Patreon Channel

Plainly Difficult’s Twttier Account or X as they call it now

Plainly Difficult’s PayPal Donation link


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SpaceX’s Starship Transformation: Many Changes are Coming!

Originally Posted To Our YouTube Channel At This Link


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Brazil block on X comes into effect after judge's order
Economics News Politics

Brazil block on X comes into effect after judge’s order

A block on Elon Musk’s X social network in Brazil started to take effect early Saturday after a Supreme Court judge ordered its suspension, according to AFP.

Brazilian Supreme Court judge Alexandre de Moraes on Friday ordered the suspension of the platform following a months-long standoff with the tech billionaire over disinformation in South America’s largest nation.

Moraes handed down the ruling after Musk failed to comply with an order to name a new legal representative for the company.

Early Saturday access to X, formerly known as Twitter, was no longer possible for some users in the South American country, who were presented with a message asking them to reload the browser without being able to log in successfully.

Musk, who also owns Tesla and SpaceX, reacted with fury to the judge’s order, branding Moraes an “evil dictator cosplaying as a judge” and accusing him of “trying to destroy democracy in Brazil.”

“Free speech is the bedrock of democracy and an unelected pseudo-judge in Brazil is destroying it for political purposes,” the billionaire, who has become increasingly aligned with right-wing politics, wrote on X.

The two have been locked in an ongoing, high-profile feud for months as Moraes leads a battle against disinformation in Brazil.

Musk has previously declared himself a “free speech absolutist,” but since he took over the platform formerly known as Twitter in 2022 he has been accused of turning it into a megaphone for right-wing conspiracy theories.

He is a vocal supporter of former US president Donald Trump’s bid to regain the White House.

Moraes ordered the “immediate, complete and comprehensive suspension of the operation of” X in the country, telling the national communications agency to take “all necessary measures” to implement the order within 24 hours.

He threatened a fine of 50,000 reais ($8,900) to anyone who used “technological subterfuges” to get around the block, such as a VPN.

The judge also demanded Google, Apple and internet providers “introduce technological obstacles capable of preventing the use of the X application” and access to the website — though he later walked back that order.

The social media platform has more than 22 million users in Brazil.

Musk shut X’s business operations in Brazil earlier this month, claiming Moraes had threatened the company’s previous legal representative with arrest to force compliance with “censorship orders.”

On Wednesday, Moraes told Musk he had 24 hours to find a new representative or he would face suspension.

Shortly after the deadline passed, X said in a statement that it expected Moraes to shut it down “simply because we would not comply with his illegal orders to censor his political opponents.”

– ‘Who does Musk think he is?’-

The standoff with Musk began when Moraes ordered the suspension of several X accounts belonging to supporters of Brazil’s former far-right president Jair Bolsonaro, who tried to discredit the voting system in the 2022 election, which he lost.

Brazilian authorities are investigating whether Bolsonaro plotted a coup attempt to prevent current President Luiz Inacio Lula da Silva from assuming office in January 2023.

Online users blocked by Moraes include figures such as far-right ex-congressman Daniel Silveira, who was sentenced to nine years in prison in 2022 on charges of leading a movement to overthrow the Supreme Court.

In April, Moraes ordered an investigation of Musk, accusing him of reactivating some of the banned accounts.

On Thursday, Musk’s satellite internet operator Starlink said it had received an order from Moraes that froze its accounts and prevented it from conducting financial transactions in Brazil.

Starlink alleged that the order “is based on an unfounded determination that Starlink should be responsible for the fines levied — unconstitutionally — against X.”

The company said on X that it intended “to address the matter legally.”

Musk is also the subject of a separate judicial investigation into an alleged scheme where public money was used to orchestrate disinformation campaigns in favor of Bolsonaro and those close to him.

“Any citizen from anywhere in the world who has investments in Brazil is subject to the Brazilian Constitution and laws,” Lula told a local radio station on Friday.

“Who does (Musk) think he is?”



https://insiderpaper.com/


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Pelosi on CA Using Tax Dollars to Help Illegals Buy Homes: Have to Make Home Ownership 'Available to All' 
Business Economics Entertainment Gossip News Politics Sports War

Pelosi on CA Using Tax Dollars to Help Illegals Buy Homes: Have to Make Home Ownership ‘Available to All’ 


On Friday’s broadcast of HBO’s “Real Time,” House Speaker Emerita Rep. Nancy Pelosi (D-CA) said that while she’s not familiar with the details of California’s legislation to allow illegal immigrants to get taxpayer assistance for buying homes, “making the American Dream of home ownership available to all people is something we have to do for people who are here now” and she wants to move illegal immigrants “to documented.” But ultimately, the issue is up to the states.

Host Bill Maher asked, “The California lawmakers just passed a law — it hasn’t been signed by Gov. Newsom (D) — but giving government assistance to undocumented immigrants to buy houses. That’s kind of a different place than the Democratic Party used to be on immigration, is it not? I’m not going to say that’s what the country’s going to do, but that’s certainly where California is.”

Pelosi responded, “Well, let me just say, immigration had always been a bipartisan issue.”

Maher cut in to say, “But not free housing.”

Pelosi responded, “Well, it’s not free housing, it’s the American Dream being available to more people.” After talking about past immigration statements from Republicans, Pelosi said, “California’s always in the lead, maybe others will follow that lead, but that’s up to those states. But we’re very blessed here with beautiful diversity of our –.”

Maher then cut in to follow up, “So, you’d vote for this law?”

Pelosi answered, “I’m not familiar with exactly what that is, but making the American Dream of home ownership available to all people is something we have to do for people who are here now –.”

Maher cut in to say “This is for the undocumented.”

Pelosi answered, “Well, what I would like to do is move them to documented.”

Pelosi kept speaking, but got drowned out by applause from the audience. Once it died down, she stated, “One of the best things that we can do for our economy is to pass comprehensive immigration reform, so that all of these people are participating more fully in our economy, contributing to it, contributing to Social Security, contributing in every way to it. So, the attitude that we have in California of openness is something we share, whether that translates into particular policy one place or another is up to that region.”

Follow Ian Hanchett on Twitter @IanHanchett

Originally Posted At www.breitbart.com


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TROPICAL DEPRESSION HONE
News Science Weather

TROPICAL DEPRESSION HONE




TROPICAL DEPRESSION HONE


Coastal Watches/Warnings and Forecast Cone for Storm Center


* If the storm is forecast to dissipate within 3 days, the “Full Forecast” and “3 day” graphic will be identical

Click Here for a 5-day Cone Printer Friendly Graphic

How to use the cone graphic (video):

Link to video describing cone graphic

About this product:

This graphic shows an approximate representation of coastal areas under a hurricane warning (red), hurricane watch (pink),
tropical storm warning (blue) and tropical storm watch (yellow). The orange circle indicates the current position of the
center of the tropical cyclone. The black line, when selected, and dots show the National Hurricane Center (NHC) forecast track of the center
at the times indicated. The dot indicating the forecast center location will be black if the cyclone is forecast to be
tropical and will be white with a black outline if the cyclone is forecast to be extratropical. If only an L is displayed,
then the system is forecast to be a remnant low. The letter inside the dot indicates the NHC’s forecast intensity for that time:

D: Tropical Depression – wind speed less than 39 MPH
S: Tropical Storm – wind speed between 39 MPH and 73 MPH
H: Hurricane – wind speed between 74 MPH and 110 MPH
M: Major Hurricane – wind speed greater than 110 MPH

NHC tropical cyclone forecast tracks can be in error. This forecast
uncertainty is conveyed by the track forecast “cone”, the solid white
and stippled white areas in the graphic. The solid white area depicts
the track forecast uncertainty for days 1-3 of the forecast, while the
stippled area depicts the uncertainty on days 4-5. Historical data
indicate that the entire 5-day path of the center of the tropical
cyclone will remain within the cone about 60-70% of the time. To
form the cone, a set of imaginary circles are placed along the
forecast track at the 12, 24, 36, 48, 72, 96, and 120 h positions,
where the size of each circle is set so that it encloses 67% of the
previous five years official forecast errors. The cone is then formed
by smoothly connecting the area swept out by the set of circles.

It is also important to realize that a tropical cyclone is not a point. Their
effects can span many hundreds of miles from the center. The area
experiencing hurricane force (one-minute average wind speeds of at least
74 mph) and tropical storm force (one-minute average wind speeds of
39-73 mph) winds can extend well beyond the white areas shown enclosing
the most likely track area of the center. The distribution of hurricane
and tropical storm force winds in this tropical cyclone can be seen in
the Wind History graphic linked above.

Considering the combined forecast uncertainties in track, intensity, and size, the
chances that any particular location will experience winds of 34 kt (tropical storm force),
50 kt, or 64 kt (hurricane force) from this tropical cyclone are presented in

tabular form for selected locations and forecast positions
. This information is also presented in
graphical form for the 34 kt, 50 kt,
and 64 kt thresholds.

Note:  A detailed definition of the NHC track forecast cone is also available.


Originally Posted at:
NATIONAL HURRICANE CENTER and CENTRAL PACIFIC HURRICANE CENTER
At The NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION


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News Science Weather

Tropical Depression Hone Wind Speed Probabilities


213 
FOPA11 PHFO 310832
PWSCP1

TROPICAL DEPRESSION HONE WIND SPEED PROBABILITIES NUMBER  36        
NWS CENTRAL PACIFIC HURRICANE CENTER HONOLULU HI   CP012024         
0900 UTC SAT AUG 31 2024                                            

AT 0900Z THE CENTER OF TROPICAL DEPRESSION HONE WAS LOCATED NEAR    
LATITUDE 22.5 NORTH...LONGITUDE 175.9 WEST WITH MAXIMUM SUSTAINED   
WINDS NEAR 30 KTS...35 MPH...55 KM/H.                               

Z INDICATES COORDINATED UNIVERSAL TIME (GREENWICH)                  
   PACIFIC  DAYLIGHT TIME (PDT)...SUBTRACT 7 HOURS FROM Z TIME      
   HAWAIIAN STANDARD TIME (HST)...SUBTRACT 10 HOURS FROM Z TIME     

WIND SPEED PROBABILITY TABLE FOR SPECIFIC LOCATIONS                 

CHANCES OF SUSTAINED (1-MINUTE AVERAGE) WIND SPEEDS OF AT LEAST     
   ...34 KT (39 MPH... 63 KM/H)...                                  
   ...50 KT (58 MPH... 93 KM/H)...                                  
   ...64 KT (74 MPH...119 KM/H)...                                  
FOR LOCATIONS AND TIME PERIODS DURING THE NEXT 5 DAYS               

PROBABILITIES FOR LOCATIONS ARE GIVEN AS OP(CP) WHERE               
    OP  IS THE PROBABILITY OF THE EVENT BEGINNING DURING            
        AN INDIVIDUAL TIME PERIOD (ONSET PROBABILITY)               
   (CP) IS THE PROBABILITY OF THE EVENT OCCURRING BETWEEN           
        06Z SAT AND THE FORECAST HOUR (CUMULATIVE PROBABILITY)      

PROBABILITIES ARE GIVEN IN PERCENT                                  
X INDICATES PROBABILITIES LESS THAN 1 PERCENT                       
PROBABILITIES FOR 34 KT AND 50 KT ARE SHOWN AT A GIVEN LOCATION WHEN
THE 5-DAY CUMULATIVE PROBABILITY IS AT LEAST 3 PERCENT.             
PROBABILITIES FOR 34...50...64 KT SHOWN WHEN THE 5-DAY              
64-KT CUMULATIVE PROBABILITY IS AT LEAST 1 PERCENT.                 


  - - - - WIND SPEED PROBABILITIES FOR SELECTED LOCATIONS - - - -   

               FROM    FROM    FROM    FROM    FROM    FROM    FROM 
  TIME       06Z SAT 18Z SAT 06Z SUN 18Z SUN 06Z MON 06Z TUE 06Z WED
PERIODS         TO      TO      TO      TO      TO      TO      TO  
             18Z SAT 06Z SUN 18Z SUN 06Z MON 06Z TUE 06Z WED 06Z THU

FORECAST HOUR    (12)   (24)    (36)    (48)    (72)    (96)   (120)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 
LOCATION       KT                                                   

25N 175W       34  1   3( 4)   X( 4)   1( 5)   X( 5)   X( 5)   X( 5)

PEARL/HERMES   34  X   1( 1)   1( 2)   1( 3)   1( 4)   X( 4)   X( 4)

MIDWAY         34  X   1( 1)   2( 3)   2( 5)   3( 8)   1( 9)   X( 9)

KURE           34  X   1( 1)   1( 2)   4( 6)   7(13)   1(14)   1(15)

$$                                                                  
FORECASTER POWELL                                                   

Originally Posted at:
NATIONAL HURRICANE CENTER and CENTRAL PACIFIC HURRICANE CENTER
At The NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION


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News Science Weather

Tropical Depression Hone Public Advisory


214 
WTPA31 PHFO 310832
TCPCP1

BULLETIN
Tropical Depression Hone Advisory Number  36
NWS Central Pacific Hurricane Center Honolulu HI   CP012024
1100 PM HST Fri Aug 30 2024

...HONE MOTION REMAINS ERATIC AS IT BEGINS TO TURN TO THE NORTHWEST
AND STRENGTHEN TONIGHT AND SATURDAY...


SUMMARY OF 1100 PM HST...0900 UTC...INFORMATION
-----------------------------------------------
LOCATION...22.5N 175.9W
ABOUT 405 MI...650 KM SSE OF MIDWAY ISLAND
ABOUT 1155 MI...1860 KM W OF HONOLULU HAWAII
MAXIMUM SUSTAINED WINDS...35 MPH...55 KM/H
PRESENT MOVEMENT...NNW OR 330 DEGREES AT 6 MPH...9 KM/H
MINIMUM CENTRAL PRESSURE...1009 MB...29.80 INCHES


WATCHES AND WARNINGS
--------------------
CHANGES WITH THIS ADVISORY:

None.

SUMMARY OF WATCHES AND WARNINGS IN EFFECT:

A Tropical Storm Watch is in effect for...

* Kure Atoll
* Midway Atoll
* Portions of the Papahanaumokuakea Marine National
Monument from Lisianski Island to Pearl and Hermes Atoll

A Tropical Storm Watch means tropical storm conditions are
possible in the watch area within 48 hours.

For storm information specific to your area, please monitor
products issued by the National Weather Service office in
Honolulu Hawaii.


DISCUSSION AND OUTLOOK
----------------------
At 1100 PM HST (0900 UTC), the center of Tropical Depression Hone
was located near latitude 22.5 North, longitude 175.9 West. The
depression is moving toward the north-northwest near 6 mph (9 km/h).
Movement is a bit erratic now, but a turn to the north-northwest
is expected through tomorrow. Hone is then expected to move to the
west-northwest at a slower forward speed through Sunday. On the
forecast track, Hone is expected to pass south of Kure, Midway and
Pearl and Hermes Atolls Saturday night into Sunday.

Maximum sustained winds are near 35 mph (55 km/h) with higher gusts.
Gradual strengthening is forecast over the next couple of
days, with Hone expected to become a tropical storm Saturday.

The estimated minimum central pressure is 1009 mb (29.80 inches).


HAZARDS AFFECTING LAND
----------------------
WIND: Tropical storm conditions are possible within the watch area
late Saturday into Sunday.

RAINFALL: Storm total rainfall of 2 to 4 inches is possible over
Midway, Kure and Pearl and Hermes Atolls.


NEXT ADVISORY
-------------
Next intermediate advisory at 200 AM HST.
Next complete advisory at 500 AM HST.

$$
Forecaster Powell


Originally Posted at:
NATIONAL HURRICANE CENTER and CENTRAL PACIFIC HURRICANE CENTER
At The NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION


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News Science Weather

Tropical Depression Hone Forecast Advisory


000
WTPA21 PHFO 310832
TCMCP1

TROPICAL DEPRESSION HONE FORECAST/ADVISORY NUMBER  36
NWS CENTRAL PACIFIC HURRICANE CENTER HONOLULU HI   CP012024
0900 UTC SAT AUG 31 2024

NOTICE... LAND-BASED TROPICAL CYCLONE WATCHES AND WARNINGS ARE NO
LONGER INCLUDED IN THE TROPICAL CYCLONE FORECAST/ADVISORY...(TCM).
CURRENT LAND-BASED COASTAL WATCHES AND WARNINGS CAN BE FOUND IN THE
MOST RECENTLY ISSUED TROPICAL CYCLONE PUBLIC ADVISORY...(TCP).

TROPICAL DEPRESSION CENTER LOCATED NEAR 22.5N 175.9W AT 31/0900Z
POSITION ACCURATE WITHIN  15 NM

PRESENT MOVEMENT TOWARD THE NORTH-NORTHWEST OR 330 DEGREES AT   5 KT

ESTIMATED MINIMUM CENTRAL PRESSURE 1009 MB
MAX SUSTAINED WINDS  30 KT WITH GUSTS TO  40 KT.
12 FT SEAS.. 30NE   0SE   0SW  30NW.
WINDS AND SEAS VARY GREATLY IN EACH QUADRANT.  RADII IN NAUTICAL
MILES ARE THE LARGEST RADII EXPECTED ANYWHERE IN THAT QUADRANT.

REPEAT...CENTER LOCATED NEAR 22.5N 175.9W AT 31/0900Z
AT 31/0600Z CENTER WAS LOCATED NEAR 22.2N 175.7W

FORECAST VALID 31/1800Z 23.3N 176.4W
MAX WIND  35 KT...GUSTS  45 KT.
34 KT... 30NE  20SE   0SW  20NW.

FORECAST VALID 01/0600Z 24.6N 177.2W
MAX WIND  40 KT...GUSTS  50 KT.
34 KT... 40NE  30SE   0SW  30NW.

FORECAST VALID 01/1800Z 25.5N 178.6W
MAX WIND  40 KT...GUSTS  50 KT.
34 KT... 40NE  30SE   0SW  40NW.

FORECAST VALID 02/0600Z 26.3N 179.8E
MAX WIND  45 KT...GUSTS  55 KT.
34 KT... 40NE  30SE  10SW  40NW.

FORECAST VALID 02/1800Z 28.0N 179.3E
MAX WIND  45 KT...GUSTS  55 KT.
34 KT... 40NE  30SE  20SW  40NW.

FORECAST VALID 03/0600Z 29.7N 178.7E
MAX WIND  45 KT...GUSTS  55 KT.
34 KT... 50NE  40SE  30SW  40NW.

EXTENDED OUTLOOK. NOTE...ERRORS FOR TRACK HAVE AVERAGED NEAR 150 NM
ON DAY 4 AND 200 NM ON DAY 5...AND FOR INTENSITY NEAR 20 KT EACH DAY

OUTLOOK VALID 04/0600Z 32.1N 176.7E
MAX WIND  50 KT...GUSTS  60 KT.
50 KT... 30NE  20SE  10SW  20NW.
34 KT... 60NE  50SE  40SW  50NW.

OUTLOOK VALID 05/0600Z 34.6N 175.0E
MAX WIND  50 KT...GUSTS  60 KT.
50 KT... 30NE  20SE  10SW  20NW.
34 KT... 60NE  50SE  40SW  50NW.

REQUEST FOR 3 HOURLY SHIP REPORTS WITHIN 300 MILES OF 22.5N 175.9W

INTERMEDIATE PUBLIC ADVISORY...WTNT31 PHFO/HFOTCPCP1...AT 31/1200Z

NEXT ADVISORY AT 31/1500Z

$$
FORECASTER POWELL


Originally Posted at:
NATIONAL HURRICANE CENTER and CENTRAL PACIFIC HURRICANE CENTER
At The NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION


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News Science Weather

Tropical Depression Hone Forecast Discussion


000
WTPA41 PHFO 310831
TCDCP1

Tropical Depression Hone Discussion Number  36
NWS Central Pacific Hurricane Center Honolulu HI   CP012024
1100 PM HST Fri Aug 30 2024

Another nocturnal convective bloom has begun along the northeastern 
semicircle of Hone this evening. Deep convection obscures the low 
level circulation center (LLCC) once again after at least 12 hours 
of total exposure. Subjective Dvorak satellite current intensity 
values range from 1.5/25 kt to 2.0/30 kt between the three fix 
centers. UW-CIMSS ADT was 29 kt and, unfortunately, Hone fell into 
the ASCAT scan gap this cycle. Given all this, the initial 
intensity is set at 30 kt once again.

Short term motion has become a bit erratic for Hone, with movement 
toward the north or even north northeast detected at 5 kt or less 
since 03Z. Motion over the past 12 hours, used to smooth out 
erratic motion like this, was about 330 degrees at 5 kt. However, 
there is quite a bit of uncertainty on what Hone's initial motion 
should be this cycle. It seems clear that Hone has begun its 
forecast turn to the north northwest as it starts to feel the 
influence of an upper low near Midway Atoll. Global models show 
Hone's LLCC and the upper low becoming well-aligned in the next 24 
to 36 hours. After that, Hone will move slowly northwestward. Little 
change was made to the track forecast through 48 hours, other than a 
nudge to the right to account for current erratic motion. Beyond 
that, the track forecast was adjusted significantly to the right to 
keep it within the ever-shifting guidance envelope, closely 
following HWRF. Even with this adjustment, the forecast track lies 
within the left third of this envelope. 

Global models show shear across Hone will diminish rapidly over the 
next 36 hours. Sea surface temperatures will remain marginally 
favorable for development through 48 to 60 hours, with sub-27 
degree C water encountered afterward. Except for HAFS, which 
repeatedly calls for rapid intensification, the intensity guidance 
envelope is rather tight and well-behaved. The intensity forecast 
lies comfortably within this envelope, close to IVCN, with little 
change from the last forecast cycle. Hone will slowly strengthen 
through 120 hours but cap out as a tropical storm. After passing 
south of the northwest Hawaiian Islands, this system is forecast to 
cross the International Dateline sometime Sunday afternoon Hawaii 
time.


FORECAST POSITIONS AND MAX WINDS

INIT  31/0900Z 22.5N 175.9W   30 KT  35 MPH
 12H  31/1800Z 23.3N 176.4W   35 KT  40 MPH
 24H  01/0600Z 24.6N 177.2W   40 KT  45 MPH
 36H  01/1800Z 25.5N 178.6W   40 KT  45 MPH
 48H  02/0600Z 26.3N 179.8E   45 KT  50 MPH
 60H  02/1800Z 28.0N 179.3E   45 KT  50 MPH
 72H  03/0600Z 29.7N 178.7E   45 KT  50 MPH
 96H  04/0600Z 32.1N 176.7E   50 KT  60 MPH
120H  05/0600Z 34.6N 175.0E   50 KT  60 MPH

$$
Forecaster Powell

Originally Posted at:
NATIONAL HURRICANE CENTER and CENTRAL PACIFIC HURRICANE CENTER
At The NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION


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