Caribbean Disaster Emergency Management Agency passage of Hurricane Ivan. During the mid-1990s, the sudden eruption by the Soufriere Hills volcano in Montserrat also caused the CDEMA to spring into action, to provide additional support to the people on the island. The Caribbean Disaster Emergency Response Agency (CDEMA) also regularly monitors the Soufriere Hills volcano, in addition to the active undersea volcano named Kick 'em Jenny to the north of Grenada. Members of the Regional Security System have requested military and logistical assistance through that agreement after natural disasters as well. Towards the end of the twentieth century, severe weather had been increasing, especially in the
Long-Term Capital Management September, LTCM's equity tumbled from $2.3 billion at the start of the month to just $400 million by September 25. With liabilities still over $100 billion, this translated to an effective leverage ratio of more than 250-to-1. Long-Term Capital Management did business with nearly every important person on Wall Street. Indeed, much of LTCM's capital was composed of funds from the same financial professionals with whom it traded. As LTCM teetered, Wall Street feared that Long-Term's failure could cause a chain reaction in numerous markets, causing catastrophic losses throughout the financial system. After LTCM failed to raise more money on