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Mexico’s Once-Fabled Resort Town of Acapulco is BROKE

November 13, 2012 | by HS News Staff | Latino Daily News

The world famous Mexican Pacific resort city of Acapulco is broke and unable to deal with a debt load that is expected to hit 2.14 billion pesos ($162.1 million) by Dec. 31, a figure that is larger than the annual budget, municipal officials said. continue reading »