Do More With Reuters
Partner Services

Tropical storm court trigger Nicaragua mudslides

Thu Nov 5, 2009 1:45am IST
 
Email | Print | | Single Page
[-] Text [+]

MEXICO CITY, Nov 4 (Reuters) - A tropical depression off Nicaragua's Caribbean coast will likely grow into a tropical storm later on Wednesday that could trigger deadly floods and mudslides, the U.S. National Hurricane Center said.

The storm is likely to make landfall on the Nicaraguan coast on Wednesday evening and could dump up to 25 inches (64 centimeters) of rain over the eastern part of the Central American nation and neighboring Honduras, the National Hurricane Center said.

"These rains could produce life-threatening flash floods and mudslides," a National Hurricane Center bulletin said.

Tropical storm warnings were in effect for all of eastern Nicaragua and for some nearby islands that belong to Colombia.

The storm had maximum sustained winds of 35 miles per hour (55 km per hour) and was moving northwest at approximately 7 miles per hour (11 km per hour), the National Hurricane Center said.

The National Hurricane Center's longer-term forecast called for the storm to pass over Central America and regain tropical storm strength by Monday off Mexico's Yucatan peninsula, which could take it into the oil- and gas-rich Gulf of Mexico.

However, the National Hurricane Center said the proximity of the storm to land made longer-term forecasts more difficult than usual.

(Reporting by Robert Campbell; Editing by Will Dunham)

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

People stroll outside the Taj Mahal hotel ahead of the first anniversary of the militant attacks in Mumbai, November 24, 2009.  REUTERS/Punit Paranjpe
Investors worry about another attack

The risk of militants striking again worries investors who fear that a second attack similar to last year's Mumbai raids could shake the economy.  Full Article | Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

road to Copenhagen

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

SHOWCASE

Capital Raising
Capital Raising

Analysis - China banks' rush for billions could trip markets.  Full Article 

 
Photo
Bonus Payout

"Bonus" has become a dirty word on Wall Street.  Full Article 

 
Bubble trouble?
Bubble trouble?

With the BSE Sensex at around 17,000 points, are the Indian equity markets looking at a possible bubble?   Commentary 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Recovery Path
Recovery Path

Indian techie logging out of downturn gloom.  Full Article 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
Risky Proposal
Risky Proposal

Rupert Murdoch courts trouble if he blocks Google on news.  Full Article