One of the most severe economic effects in the COVID-19 pandemic is the loss of employed labor.

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.

On March 24, 2020, Cuban authorities mandated that Cubans could not travel outside the country until further notice.

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.

The market for insurance coverage policies within the Central American economies will be greatly impacted by the COVID-19 pandemic.

The debt incurred by Latin America is dangerous and harms the region, whereas debt cancellation would lead to social and economic progress.

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.

Quarantine has temporarily halted children’s education in Latin America and the Caribbean.

Like numerous other Latin American countries, Mexico’s legal system requires larger employers to provide some form of housing for their employees.

Following a government decision to offer e-commerce platforms to large-scale businesses, Peruvian entrepreneurs have decided to establish a labor union—the Association of Digital Entrepreneurs (Asedi)—to demand the inclusion of small-scale businesses in the government’s plan to formalize the digital economy.