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posted on September 5, 2008

Hurricane Ike Threatens South Florida

RMS Revises Loss Estimate for Hurricane Gustav to $2.5bn - $4.5bn

Hurricane Ike has weakened slightly to a category 3 hurricane but is still expected to re-intensify in the next few days when the wind shear currently affecting the hurricane reduces. Forecasts indicate that Ike could pass across the Bahamas or Cuba on Sunday and Monday before a possible landfall in southern Florida on Wednesday.

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