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Tuesday Map: Tracking hurricanes in Google Earth

With hurricane season in full swing, what better time to be a DIY meteorologist? Try this handy set of weather tools for Google Earth and you'll be tracking Hannah, Ike, and Josephine in no time.

The good news is that all three Gustav successors look like they won't develop into full-on hurricanes. Keep your fingers crossed.

By the way, one group of folks that is likely watching these storms with great interest? Investors in cat bonds, featured in FP's current issue. Cat bonds, short for catastrophe bonds, allow insurance companies to transfer the financial risks that come with disasters such as hurricanes and earthquakes to the broader capital markets. If any of these storms cause major damage, investors in such bonds could be wiped out.

(Hat tip: Google Earth Blog)

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