Mexico Braces for Hurricane Patricia

Hurricane Patricia poses a threat to trade, tourism and security on Mexico's west coast. Landfall is imminent for the hurricane, a Category 5 storm, which will hit the west coast of Mexico's Jalisco state and then head northward. Evacuations are underway along the coast, and Mexican authorities have declared a state of emergency for 56 municipalities in the storm's path in Colima, Nayarit and Jalisco states. The storm not only threatens life and property in its path, it also bears major economic consequences for Mexico and tangentially for the United States.