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A storm brewing....

Alex Ferguson writes:

If you’re a reinsurer who suddenly becomes a meteorologist in these turbulent times, can I suggest you take a quick peak at the activity of Tropical Storm Gustav, which is headed towards the Gulf of Mexico and could plough through oil fields on the way to the coastline by Monday?

The people of New Orleans are nervous – but probably not as nervous as the people living on the Cayman Islands – which is due to be hit anytime soon.

“Hurricane warnings remain in effect for Jamaica and the Cayman Islands. Preparations to protect life and property should be rushed to completion,” said the US National Hurricane Centre.

And you’ll also notice that Tropical Storm Hanna is right behind Gustav, which could hit the Leeward Islands on the weekend.

And spare a thought for New Orleans, too.

According to the press, New Orleans mayor C. Ray Nagin has said that he would order a mandatory evacuation of the city if a category 3 storm got within 60 hours – which is something that is predicted.

And if brother and sister hurricane worsen both manage to strengthen in the Gulf of Mexico and head towards the US shore, there could be more tears – and rain – on Bourbon Street.

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