AMLO visits Acapulco by car as Otis losses seen at $15 billion
Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds of 165 miles (266 kilometers) per hour, smashing shops and wrecking apartment buildings and hotels.
In addition to the human toll, which could be high, Acapulco likely suffered an economic impact of $10 billion to $15 billion, according to Chuck Watson, a disaster modeler…