MEXICO CITY (AP) — The Mexican government said Wednesday it will assume half of the interest rates on bank loans to help rebuild the 377 hotels destroyed or ...
MEXICO CITY — The Mexican government said Wednesday it will assume half of the interest rates on bank loans to help rebuild the 377 hotels destroyed or heavily damaged after Hurricane Otis
He also said his government would build dozens of barracks to station National Guard troops in Acapulco, despite the fact Guard officers were already present in the port, but were unable to prevent widespread ransacking of stores following the hurricane. Navy Secretary José Rafael Ojeda said a ship with a crane arrived Tuesday, and that search teams hope to start lifting the boats to the surface soon to check for victims. But with just one crane working, lifting the boats to the surface could take weeks, raising the prospect of a long, agonizing wait for relatives.
A local business chamber leader put the number of missing or dead at sea as high as 120, but there has been no official confirmation of that.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mexico announces US$3.4-billion plan to rebuild Acapulco after Hurricane OtisHurricane Otis slammed into Acapulco last week, devastating homes, hotels and other businesses, severing communications and temporarily leaving the city of 900,000 people incommunicado
Read more »
Hurricane Otis Leaves Acapulco's Poorest Feeling AbandonedHurricane Otis, the fastest intensifying hurricane on record in the Eastern Pacific, has left Acapulco's poorest residents feeling abandoned as they struggle to recover from the devastation. The Category 5 hurricane destroyed homes, claimed lives, and left many without basic necessities.
Read more »
Hurricane Otis Leaves Acapulco's Poorest Feeling AbandonedHurricane Otis devastates Acapulco, leaving the city's poorest residents feeling abandoned and forgotten by the government.
Read more »
Hurricane Otis: Canadian reported among the dead after Mexico stormCanadian officials confirm they are looking at reports a Canadian was killed when Hurricane Otis hit the resort city of Acapulco on Oct. 25.
Read more »
Death toll from Hurricane Otis in Mexico nears 50, with equal number missingOtis battered Acapulco with winds of 266 km per hour last week, flooding the city, tearing roofs from homes and businesses, submerging vehicles, and severing communications.
Read more »
Canadian among dozens killed by Hurricane Otis in MexicoA Canadian was among dozens killed when Hurricane Otis hit Mexico's resort city of Acapulco last week, officials said Monday.
Read more »