UPDATE: Karl Weakens to Category 2 Storm

(Dow Jones Newswires), Sep. 17, 2010

Hurricane Karl weakened to a Category 2 storm Friday, packing winds of about 110 miles per hour as it makes its way west-southwest over southern Mexico, the U.S. National Hurricane Center reports in its 2 p.m. EDT advisory.

The storm is expected to continue moving toward the west or the west-southwest over the next two days. It is also expected to weaken further as it moves farther inland.

Karl could produce rainfall accumulations of five to 10 inches, with some mountainous areas possibly getting 15 inches.

A hurricane warning remains in effect for the coast of Mexico from Veracruz to Cabo Rojo, while a hurricane watch is in effect for the coast of Mexico from Cabo Rojo north to La Cruz.

Elsewhere, Hurricane Igor has weakened slightly, the NHC says, but it is still a Category 3 storm. It is moving toward the northwest at about nine miles per hour in the Atlantic Ocean.

A hurricane warning has been issued for Bermuda, which the storm could hit late Sunday or early Monday, according to NHC projections.

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