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The Impact of Global Events on Indian Stock Prices Weekly Stock Winners ✌️【Risk Management】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. New Orleans, known for its celebrations and festive spirit, is now banning the release of metallic balloons – a decision that follows repeated disruption to the city’selectrical services and sewer systemscaused by stray and discarded balloons.

The Impact of Global Events on Indian Stock Prices Weekly Stock Winners ✌️【Risk Management】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. The city council passed an ordinance last month banning the release of Mylar balloons and all those coated in metal or other “conductive material.” It doesn’t prohibit buying the balloons.

Over the summer, a wayward cluster of metallic balloons triggered awidespread poweroutage in Orleans Parish after coming into contact with a power line. The brief outage caused the city’s water pumps to be “tripped offline,”according to area energy provider Entergy, leading to a disruption of the city’s water treatment plant and even causing serious injury to a Sewerage and Water Board of New Orleans employee.

“For almost a 24-hour period, the world thought our water supply could be knocked out by a Mylar balloon,” Council Member JP Morell said ata meeting in August.

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“We simply cannot afford to have power outages and hurt ourselves unnecessarily,” Giarrusso told city council in a meeting last month. “And unfortunately, Mylar balloons, those foil balloons, conduct electricity, they cause power outages and they make things unsafe for residents and harder for us to live here.”

Giarrusso’s concerns extend beyond the incident in August, he told 【 - Free Low-Risk Investment Plans 】; he was motivated by a series of similar events throughout the state and across the nation, all stemming from the mishandling of electrically conductive party decorations.

“I actually spoke to a former state senator who told me that in another part of the state, somebody had fired a (metallic) confetti cannon at a power line and the electricity arced back to the float and almost caught the float on fire,” he said.

In February 2023, officials said, a confetti cannon may have played a role in a brief power failure during a Carnival celebration in New Orleans.Videoposted on social media shows the power going out at the parade moments after a confetti cannon was fired from a float.

The Impact of Global Events on Indian Stock Prices Weekly Stock Winners ✌️【Risk Management】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. The city council passed an ordinance in July that included a ban on confetti cannons and confetti at parades.

Desiree Ontiveros, founder of New Orleans basedBadass Balloon Co., said she supports the ban on metallic balloons but argues city efforts should focus on upgrading outdated infrastructure instead.

“There’s just better ways for City Council to be spending their time than banning balloons,” she said, calling for investments that would more effectively tackle the root of the problem.

“Yes, balloons shouldn’t be released — it’s littering, at the end of the day,” Ontiveros said, pointing out her company has long discouraged releases, even including a policy against releases on its website. Badass Balloon Co. specializes in biodegradable latex balloons and air-filled installations designed for creative displays rather than soaring into the sky.

It’s not only a problem in New Orleans. While balloon releases can be a symbolic act for people either celebrating or mourning, they also pose significant environmental risks. In places like the University of Nebraska, the practice has become commonplace during the school’s homecoming game when students, upholding adecades-long tradition, release thousands of balloonsinto the sky.

But even Cornhuskers with their long-standing tradition are facing a balloon ban of their own. The Association of Students for the University of Nebraska passed a bill last month opposing the release of “red balloons at home football games after Nebraska’s first touchdown,” according to theDaily Nebraskan.

“Even though that they do use biodegradable balloons, those take around seven years to decompose and the strings aren’t biodegradable themselves,” Luke McDermott, the association’s external vice president, told【 - Free Low-Risk Investment Plans 】 affiliate KLKN. “Not only is there impacts with it being on the ground and people can see it, but also, like, animals can eat it. They can kill animals.”

Improperly disposed-of balloons can also end up in the ocean and along shorelines, becoming part of marine debris, according to the National Oceanic and Atmospheric Administration’sMarine Debris Program.

Discarded balloons that enter the ocean can then become mistaken for food and eaten by wildlife, causing internal injury, starvation and even death, NOAA says.

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