Countries in Latin America ask themselves if they will experience a similar health crisis like Guayaquil, Ecuador.
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Oil prices are at historic lows as a result of the Coronavirus.
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Startups around the world have been affected by Coronavirus, which has confined billions of people to their homes and has brought much of the global economy to a standstill.
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Despite its large petrol reserves, Venezuela has experienced a more profound shortage of gasoline amid the pandemic.
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A political science professor analyzed what the Colombian government is doing, what it has yet to do, and how it should proceed to serve the poorest population, which suffers most from the pandemic.
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In the face of reports suggesting that Cuba will reach the peak of the COVID-19 pandemic during the first two weeks of May, a group of experts and government officials announced new measures to prepare for the upcoming increase of cases, such as limitations on public transportation and the closing of certain non-essential businesses.
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Experts say the coronavirus pandemic will bring on “a brutal ravaging” and a crisis of “high magnitude” for Latin America.
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According to the Secretary of Labor, 450,000 Hondurans have been left without an income since the Covid-19 pandemic began. 240,000 are without work in the country.
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According to reports from the Federación Nacional de Cafeteros (FNC), Colombia saw a decline in production and exports of coffee and grains in March of 2020.
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The economic hardships have shaken the world’s foremost economies, which bodes worse for the historically sensitive economies of Latin America.
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