–Researched and Written by Selines Sánchez— Due to the ongoing health crisis, economic difficulties have also surged. The Dominican Republic is currently in one of the worst economic conditions in the history of the country. Along with the rising cases of COVID-19, the country has also seen a rise in fuel prices, housing costs, and
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Ratification of the law to reduce prosecution is essential for the survival of many small and medium-sized companies in crisis.
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Unions of producer and exporter countries like Ecuador, Colombia, Costa Rica, and Guatemala challenged the new Rain Forest Alliance (RFA) Sustainable Agriculture Standards after a meeting with the global organization.
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One of the most severe economic effects in the COVID-19 pandemic is the loss of employed labor.
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Despite improvements in Latin America’s socioeconomic sector during the last decade, the region is now facing three “major development traps” that could impede the region’s economic advancement.
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On March 24, 2020, Cuban authorities mandated that Cubans could not travel outside the country until further notice.
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To help individuals affected by the coronavirus crisis, the Guatemalan Ministry of Social Development (Mides) made a 1,965,200 Quetzal (about $250,000) contract with Alimentos Nutricionales de Centroamérica (Nutrica) for sugar and fortified flour mixes.
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The market for insurance coverage policies within the Central American economies will be greatly impacted by the COVID-19 pandemic.
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The debt incurred by Latin America is dangerous and harms the region, whereas debt cancellation would lead to social and economic progress.
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Thanks to the doctors from the University of Costa Rica School of Medicine, there are four respirators created to help COVID-19 patients at the first three levels of infection, mild, moderate, and severe.
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