| Mexico Cruise | 26-Jul-2008 |
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July 24 (Bloomberg) -- Tropical Storm Dolly is expected to bring widespread flooding to South Texas and northeastern Mexico as it moves inland after making landfall as a hurricane yesterday near the border, the U.S. National Hurricane Center said. Tropical Storm Dolly dumped rain over Texas and Mexico Thursday after pummeling the coast as a category two hurricane a day earlier, leaving widespread floods in its wake. After Hurricane Dolly unleashed a fury of damaging winds and wicked rain on the U.S.-Mexico coastline and diminished to a tropical storm, widespread flooding along the populous Rio Grande Valley became the top concern on Thursday. July 24 (Bloomberg) -- Mexico's peso bonds dropped as higher-than-expected inflation added to speculation the central bank will raise borrowing costs for a third consecutive month in August. Hurricane Dolly was downgraded to a tropical storm late Wednesday after it tore into the south Texas coast with 160-kilometer (100-mile) per hour winds and left 250,000 people without drinking water in Mexico. Barely a category one storm, Hurricane Dolly crawled along southern Texas Wednesday, after tearing the coast with 160-kilometer (100-mile) per hour winds and leaving 250,000 people without drinking water in Mexico. July 24 (Bloomberg) -- Mexico's consumer prices rose more than analysts forecast in the first half of July on higher costs for tomatoes, tourism packages and electricity.
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