After battering Honduras and Nicaragua with 80 mph winds and torrential rains that caused an estimated $250 million in damage, Hurricane Nate is rapidly advancing toward the US Gulf Coast and is expected to make landfall late Saturday in southeastern Louisiana, not far from where Hurricane Katrina landed in 2005. Experts expect that, once it’s course, the storm will have caused as much as $1 billion in damages across the US and Central America, far short of the tens of billions of dollars of destruction wrought by Irma and Harvey.