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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (60827)	3/9/2005 1:12:37 PM
From: elmatador	Read Replies (2) of 74559

<the worst tropical storm to strike Australia in 30 years.> This is the nuggets that I am collecting. No one is saying about the benefits. Perhaps what people will pay in more insurance in one place, will be offset by less costs elsewhere due to less use of ice breakers or longer season of shipping before sea freezes, that kind of thing. Cyclone tightens grip 10mar05 METEOROLOGISTS predict the category four Cyclone Ingrid will cross the north Queensland coast with a king tide after 6am (AEST) today. Tens of thousands of far north Queenslanders are on standby for evacusation over what could be the worst tropical storm to strike Australia in 30 years. Despite being downgraded to a category three storm system, Ingrid is still packing winds of 260km/h. The tiny community of Coen, home to 300 people, is expected to face the brunt of the cyclone.

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