Developments, but we begin at the Weather Map with al roker. As if the threat of this potentially historic Storm Isnt enough, were already seeing tornadoes. Thats right. And this was kind of the worst case scenario, chris, because we were talking about this for the last two days. We were going to see these tornadoes, especially as it approached, and sure enough thats what happened. Lets show you what weve got going on right now. As far as our map is concerned, we are looking at a category 4 storm. 150 miles now southwest of tampa. Its got 130 miles per hour winds. Its moving northeast at 16 miles per hour. Now, as we look, you can see we have Tornado Watches now from Daytona Beach all the way down to key west. Weve had reports of 50 tornadoes so far in the last couple of hours. And now we have numerous, multiple Tornado Warnings going on to the west, i should say the east of tampa and sarasota, to the west of West Palm Beach, and right between West Palm Beach and Fort Myers. These are
Thank you so much for letting us into your homes during these extraordinary times. Were grateful. Please stay safe. The beat with Ari Melber starts right now. Hi, ari. Hi nicolle. Welcome to The Beat. Warning against maga disinformation. Both candidates have been speaking out. We have more on the intersection of this humanitarian damager and the campaigns later this hour. While the latest reports indicate this volatile category 3 will double in size and make landfall in florida within hours. Experts caution it could end up being the worst such Weather Event in possibly a generation. I can give you a couple of factoids before we bring in our experts. Sustained Wind Speeds up to 130 miles per hour, projected 15foot Storm Surges in the worse spots, a foot and a half of rain in the densely populated Tampa Area is expected. And you can see fort myers, sarasota, tampa, all in the path, as it will barrel across the West Coast. You see that on your screen with the map of florida. Authorities h
Before making landfall earlier Than expecTed TonighT in florida. ForecasT To bring up To 15 feeT of lifeThreaTening STorm Surge To some regions, up To 18 inches of rain in areas like Tampa, and caTasTrophic, susTained winds. AT This hour, parTs of florida are already feeling The effecTs as milTon grows in size and moves closer To The WesT CoasT. More Than 1 Million people are under mandaTory evacuaTion orders. Thousands are sTill fleeing The sTaTe in search of higher ground, as The window To geT ouT sTarTs To close, and resources dwindle. As of This morning, 60 of Tampa Bays Service sTaTions reporTed They are compleTely, compleTely ouT of gas. And now Tornadoes like This one in broward counTy, hundreds of miles from milTons core. This is new video of IT Crossing i75 Today. Ill speak wiTh one of floridas mayors, The One who has rode ouT a whole loT of sTorms since The mid70s in a momenT. WhaT he says milTon could do. FirsT, leT us geT To our reporTers. Joining us now, nbc News Correspon
We start in the united states, where hurricane milton has re strengthened to a category five storm, as it barrels straight towards florida. People there are evacuating en masse, ahead of wednesday s projected landfall. The national hurricane center says the storm has doubled in size since tuesday. Local authorities and weather experts say milton will bring you a destructive storm surge, and some areas will not be survivable. Hundreds of flights have been cancelled. It s expected to bring strong winds of up to 165 mph or 270 kph. Milton comes just days after hurricane helene tore through the south eastern us; 225 people were killed across six states. The back to back storms are expected to leave historic levels of damage that could take years to recover from. Unlike helene, milton will only pass through florida on its way to the atlantic ocean. President biden has postponed a trip to germany to oversee preparations and prepare a federal response. He urged those in milton s path to evacu
The issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, these bad property investments for a very long time but the banks need to have a better capital base to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects with a 1% return on assets. You need to get the