Philippines News: Super Typhoon Haiyan

Posted by: : Shayne HeffernanPosted on: November 8, 2013 Philippines News: Super Typhoon Haiyan

Philippines News: Super Typhoon Haiyan

Super Typhoon Haiyan is on course to hit the Philippines, the storm is one of the biggest typhoons in history.

The worst of the storm will bypass the capital city of Manila, but wind gusts could reach 80 kph (50 mph) with 25 to 50 mm (1 to 2 inches) of rain.

Super Typhoon Haiyan wind speeds of this exceptionally dangerous storm increased to 305 kph (190 mph), surpassing the winds of Super Typhoon Lekima, which was previously the strongest tropical system in the world for the 2013 season based on wind speed and central pressure.

The eventual track of Haiyan will bring the storm toward Vietnam by late Sunday into Monday.

These areas will receive multiple rounds of heavy rainfall leading up to the approach of Haiyan as rainfall from former Typhoon Krosa and Tropical Storm 30W will soak the region.

Edgardo Chatto, the governor of Bohol island province in the central Philippines, where an earthquake last month killed more than 200 people, said that soldiers, police and rescue units were helping displaced residents, including thousands still in small tents, move to shelters. The typhoon was not forecast to directly hit Bohol but the province was still expected to be battered by strong wind and rain, government forecaster Jori Loiz said.

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Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
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