News:
https://www.dw.com/en/swiss-glacier-collapse-partially-destroys-village-of-blatten/video-72709073
https://www.dw.com/en/switzerland-flood-risk-after-landslide-engulfs-village/a-72724323
Will they find a way to drain the lake in time, or will the Lonza breakt through the debris and smash the villages downstream?
Market ends in 9 days, because my rich experience with natural disasters tells me that there is no way that such a situation persists longer than the average news-cycle.
Resolution criteria:
to be worked out in the next hours
Conditions:
I will trade in this market
Update 2025-05-31 (PST) (AI summary of creator comment): The creator has stated that if the pool continues to drain slowly without a catastrophic Murgang, the market will be resolved as No.
1,000@Schwabilismus sauce:
In the Lötschental, the focus is on the dammed Lonza after the landslide. The water flows over the debris cone, carries a lot of sand with it and fills the dam in Ferden.
The level of the dammed lake at Blatten continues to fall. According to experts, the danger of a major flood wave is currently low.
No work can be carried out in Blatten. “Safety has not yet improved for the emergency services,” said Stéphane Ganzer, Valais State Councillor, at a media conference.
Translated with DeepL.com (free version)