A recent report from the Havana Consulting firm came to the conclusion that Cuba’s market is “dying, poor, and structurally and technologically backwards.”

In an attempt to safely reopen the country to commerce after the shutdown caused by the COVID-19 pandemic, the Costa Rican government has put forward a plan outlining the protocol for all cargo carriers entering the country.

The Bogotá metro project is slated to continue, and even expand, despite serious concerns.

The Mexican Secretary of Economy, Graciela Márquez Colín, noted that this percentage represents a total of 326,000 loans implemented.

The spread of COVID-19 has profoundly affected the livelihoods of many workers within the maquilas (assembly plants) of Guatemala.

Economists predict that an already floundering Venezuelan economy faces tremendous difficulty in recovering from COVID-19.

Due to travel restrictions, airlines throughout Latin America have become some of the most vulnerable to defaults in the next year, and government aid has been sparse.

The NGO Action Against Hunger says that the COVID-19 pandemic will leave an additional 29 million people in poverty. COVID-19 has already caused unemployment rates to increase by at least 11%, according to a report by the Economic Commission of Latin America and the Caribbean.

In April, the International Monetary Fund (IMF) corrected its previous projections for 2020, and the future looks bleak for Latin America.

A recent report from the consulting firm AUGE outlines the economic vulnerability the Cuban private sector faces and suggests that the authorities take measures to help businesses during the COVID-19 crisis.