A new Tropical Depression has formed in the central Caribbean Sea, about 235 miles east of the Nicaragua/Honduras border. As of the 11 AM update from the National Hurricane Center, Tropical Depression Fourteen has top sustained winds of 35 mph and it is moving toward the west near 21 mph. The depression is forecast to strengthen into a tropical storm later today or tonight. The forecast calls for the depression to be near hurricane strength as it approaches Mexico's Yucatan Peninsula late Saturday. The latest forecast track takes the system toward the central or western Gulf of Mexico early next week.