PUERTO VALLARTA (PVDN) - The coastal city of Acapulco, once a bustling hub of tourism in Mexico, is now grappling with the catastrophic aftermath of Hurricane Otis, which viciously struck the Guerrero state 10 days ago. This natural disaster not only razed infrastructure but also heightened the risk of criminal enterprises infiltrating reconstruction initiatives, a situation that poses significant concern for both local and federal authorities.
In the wake of the hurricane, which saw Acapulco's landmarks and livelihoods demolished, analysts are raising alarms over the potential infiltration of organized crime in the city's rebuilding process. Falko . . .
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U.S. Cuts Interest Rates by 0.5%: What it Means for the Peso and Expats Living in Mexico Puerto Vallarta, Mexico - In a widely anticipated move, the U.S. Federal Reserve announced today that it is cutting interest rates by 0.5%, marking a significant shift in monetary policy aimed at boosting economic activity amid concerns about slowing growth. While the immediate impact of this decision will be felt across financial markets and the…
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