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Tuesday, August 30, 2005

Talim, Forecast to Become a Supertyphoon, Heads Toward Taiwan

Do we see another spike in stocks that tend to jump on typhoons, hurricanes etc when the typhoon reaches Taiwan?

Talim, Forecast to Become a Supertyphoon, Heads Toward Taiwan
Bloomberg
August 30, 2005
Aug. 30 (Bloomberg) -- Typhoon Talim is strengthening and may become a supertyphoon as it moves across the Pacific Ocean in the general direction of the northern coast of Taiwan, according to the U.S. Joint Typhoon Warning Center's Web site.

Winds are expected to strengthen to 250 kph later today with gusts as high as 304 kph, the center said. That would make Talim, which means sharp, or cutting edge, in Tagalog, the language of the Philippines, a Category 5 storm under the Saffir-Simpson scale, or a supertyphoon under Pacific rankings.
Read further:
Bloomberg: Talim, Forecast to Become a Supertyphoon, Heads Toward Taiwan

See also:
Today: Katrina and Oil

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