The negative effects of the pandemic have also reached small businesses in Nicaragua.
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Retailer TecomoaBesos received the Marca Perú recognition for the first time.
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Latin America and the Caribbean will begin 2021 with an unprecedented unemployment rate of more than 10%, a result of the pandemic that triggered 30 million jobs lost in 2020.
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This year alone, $140 billion dollars were raised in international debt markets—representing a 20% increase over the past year.
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Public passenger transport operators and merchants have welcomed the latest Covid-19 measures that were announced by the government.
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Heavy rains in the village of Iturbide, Vicente Guerrero, in Hopelchén, Campeche, flooded homes and hurt a number of artisans’ businesses, all of which was further complicated by the current pandemic.
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Economists believe that tax breaks and investment in projects could help stabilize Panama’s floundering economy.
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The dollar economy of Ecuador has been heavily affected since March this year.
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After the destruction caused by the tropical storms that hit Honduras, Iota and Eta, it will take 12,000 million lempiras (Honduran currency) to reconstruct the road infrastructure.
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Guanacaste was named the most affected region in Costa Rica in terms of unemployment, which prompted various relief groups to come to their aid.
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