Economy

Tropical Storm Maria Takes Aim at Caribbean Islands

Tropical Storm Maria Takes Aim at Caribbean Islands”

Hurricane Maria became a Category 4 storm on Monday afternoon as it barreled toward Dominica in the Caribbean's Leeward Islands and took aim for the United States territory of Puerto Rico.

While Jose is capable of producing coastal flooding and pockets of damaging wind from eastern Long Island to coastal MA, its effects are most likely to resemble those of a strong Nor'easter - rather than a devastating hurricane. Other islands were warned to stay alert for changes in the storm. The mammoth storm was moving west-northwest at 9 miles per hour.

Other Leeward Islands are now under hurricane warnings, including Guadeloupe, Dominica, St. Kitts, Nevis and Montserrat.

If Maria strikes the island as forecast, it will be "more risky than Hugo and Georges", he said.

Those islands are likely to see hurricane conditions within the next 36 hours, since the center of Maria is expected to approach the Leeward Islands late Monday. Tropical storm watches were issued for Barbados, St. Lucia, Martinique, Dominica, and Saint Vincent and the Grenadines.

If the estimates hold, this will be the second most costly year for hurricane damage since 1980 behind 2005, when a record 28 storms formed in the Atlantic and Katrina devastated New Orleans, according to the U.S. National Centers for Environmental Information in Asheville, North Carolina. Forecasts call for it to pass straight over Puerto Rico on Wednesday. USA Today reported about half of St. John's 4,500 residents fled the island since Irma. "In all the above areas, these rainfall amounts could cause life-threatening flash floods and mudslides".

On Friday, the hurricane may come close to the Turks and Caicos and southeast Bahamas, which were ravaged by Irma. Beyond that point, Maria's path becomes more uncertain.

It is still too early to know whether Maria will affect SC or the US mainland.

Maria is one of three storms churning in the Atlantic Ocean, but it poses the most danger to the hurricane-battered Caribbean.

"The extremely risky core of Maria is expected to pass over Dominica within the next hour or two", the National Hurricane Center said in its 8 p.m. ET advisory.

Jose, which is losing some of its tropical characteristics, is expected to behave like a strong nor'easter along the coast of the Northeast, from near Long Island to eastern MA.

The center points to the likelihood of "direct impacts" on New England, but adds that it would take only a slight deviation of the storm to increase the storm's effects along the coast from DE northward. A tropical storm watch continues for areas to the south down to eastern Long Island.

In other tropical storm news, Hurricane Jose is now a Category 1 storm located about 480 miles south-southeast of Cape Hatteras, North Carolina. The mammoth storm was moving west-northwest at 9 miles per hour.

An Air Force Reserve Unit Hurricane Hunter aircraft flew on a route in and around Maria Monday morning to investigate the storm's development, the hurricane center said.

The combination of a unsafe storm surge and the tide will cause normally dry areas near the coast to be flooded by rising waters moving inland from the shoreline.



Like this

Latest


19 September 2017
American Airlines Group, Inc. (AAL) Stake Lifted by ProShare Advisors LLC
Ltd. now owns 25,865 shares of the airline's stock worth $1,094,000 after purchasing an additional 2,032 shares during the period. This works out to a net decrease in ownership of 8962 shares, and suggests that institutions are feeling bearish about the stock.

19 September 2017
Dollar hits 8-week high
Talk of monetary tightening and a bounce in the dollar put gold on the defensive. Bank of England governor Mark Carney will be speaking later on Monday.

19 September 2017
Trump, Xi speak by phone: White House
South Korea's military said the missile fired from Pyongyang flew about 2,300 miles before landing in the Pacific Ocean. The Post was read portions of a confidential assessment conducted by US intelligence officials.

19 September 2017
Analyst's Viewpoint About Maxim Integrated Products, Inc. (MXIM), Paramount Group, Inc. (PGRE)
They expect this year's earnings to rise 10.38% year-over-year to $2.34, followed by 8.55% growth in the next year to $2.54. Edge Asset Management Inc increased Maxim Integrated Prods Inc (MXIM) stake by 3.99% reported in 2016Q4 SEC filing.

19 September 2017
IPhone 8 vs. iPhone X: What you should know before buying
" iPhone X is a premium-priced smartphone which for the first time goes over the $1,000 threshold for the top 256GB model". The smartphone features Apple's highest resolution phone display: 2436 x 1125 pixels at 458 pixels per inch density (ppi).

19 September 2017
Near-Term Bullish Signal Identified For Deutsche Multi-Market Income Trust (KMM) Shares
The Average Directional Index or ADX is technical analysis indicator used to describe if a market is trending or not trending. The Williams Percent Range or Williams %R is another technical indicator that may be useful for traders and investors.

19 September 2017
Experts Watch-list Companies: Banc of California, Inc. (BANC), Gigamon Inc. (GIMO)
Currently, 37.97 million total shares are owned by the public and among those 34.15 million shares have been available to trade. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.

19 September 2017
DACA Activists Yell at Pelosi
The protesters urged Pelosi to "demand a clean bill" that doesn't compromise with Trump and "shut down ICE ", referring to U.S. Protesters in San Francisco called for reform that gives legal status to all immigrants in the country, not just young people.

19 September 2017
British officials lower country's terrorist threat level from 'critical' to 'severe'
Friend Alison Griffiths said the couple had an 18-year-old and a 22-year-old staying with them recently. Most of the attacks have been claimed or praised by the jihadist group Islamic State.

19 September 2017
CAVM Crosses Above Key Moving Average Level
The value of the investment in Cavium, Inc. increased from $463,000 to $1,925,000 a change of $1,462,000 since the last quarter. On average, equities research analysts forecast that Cavium will post $2.79 earnings per share for the current fiscal year.



Recommended