Caribbean

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Dean Could Become Category 5
Dean Could Become Category 5

Dean Could Become Category 5

Storm tears across Caribbean, homes in on Jamaica, Mexico

(Newser) - Hurricane Dean is now expected to strengthen into a Category 5 as it barrels toward Jamaica and Mexico. Forecasters say Dean, powered by 150-mph winds, will hit the Dominican Republic and Haiti today, after ploughing through homes and banana plantations on St. Lucia and Martinique yesterday.

Hurricane Dean Threatens Caribbean, Keeps Growing

Storm heads through Caribbean, may hit U.S

(Newser) - Hurricane Dean is ripping through the eastern Caribbean, strengthening as it goes. The Atlantic's first hurricane of the year is passing between St. Lucia and Martinique, where residents have boarded up windows and stocked up on supplies. Next on Dean's agenda: Jamaica, and possibly Texas.

Bear Stearns Takes Refuge in Caribbean

Bankrupt hedge funds ticketed for liquidation in friendly Caymans

(Newser) - Bear Stearns, faced with the implosion of two hedge funds worth more than $1 billion, has decided to liquidate them in the Cayman Islands—a move that will give creditors and investors less access to their money.  Bloomberg forecasts a court battle over the tactic, which an analyst said...

Look for Stormy Weather
Look for Stormy Weather

Look for Stormy Weather

Despite slow start, hurricane season expected to be busy

(Newser) - Heavy storms are on the way, weather forecasters warn, despite a typically quiet beginning to the hurricane season. In fact, the government's top forecasting agency predicts an above-average number of storms this year—13 to 17, with 3 to 5 becoming intense hurricanes, Reuters reports.

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