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Government and Banxico Head To Meet With Businessmen On Rehab Plan

MEXICO
  • MEXICO GOVT MEETING TODAY W/ BUSINESSMEN ON REHAB PLAN: AMLO
  • BANXICO'S GOVERNOR RODRIGUEZ ALSO JOINING MEETING ON PLAN (BBG)
  • As a reminder, this is in relation to the effects of Hurricane Otis which made landfall late Tuesday and through the early hours of Wednesday morning. According to a disaster modeler with Enki Research, in addition to the human toll, Acapulco likely suffered an economic impact of $10-15 billion. It was noted that there will likely be additional losses due to the region’s high season for tourism being December to March.
  • In more positive news, a official did announce that flights are expected to land at Acapulco airport today.

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