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Hurricane Dorian puts around $800 million of Caribbean property debt in crosshairs
Hurricane Dorian already rolled over the Virgin Islands as a Category 1 storm on Wednesday, leaving power outages but minor damage in its wake. Now the storm appears to be gathering strength in open water as it heads toward and the U.S. mainland, before it lands as a powerful Category 4 hurricane late Sunday or early Monday. Its latest trajectory suggests Dorian could hit somewhere between the Florida Keys and Georgia. Dorian thus far caused flooding and power outages, but no major damagein the Virgin Islands and off the coast of Puerto Rico. It bypassed Puerto Rico’s capital of San Juan by about 220 miles, ... (full story)