Sydney Morning Herald, August 26, 2011
UPDATE: See Scott Mandia on CNBC talking about Irene, the flood risk and other issues.
The north-east seaboard of the US, including Washington and financial centre New York, rushed to prepare for a possible mauling from Hurricane Irene that will hit the coast this weekend. From the Carolinas to Cape Cod, more than 50 million people were potentially in Irene’s path. States, cities, ports, industries, oil refineries and nuclear plants scrambled to activate emergency plans, while residents stocked up on food and water and worked to secure homes, vehicles and boats. Continue reading