Latin America is now the epicenter of the coronavirus epidemic: while the region accounts for 8% of the world population, it now accounts for nearly 30% of global fatalities. The Covid-19 pandemic is aggravating already deteriorating social conditions and increasing political turmoil—both developments set in motion by the decline of commodity prices that began in 2011. The pandemic has also put a serious strain on already weak health care services. A United Nations report warns that if the region is unable to control the spread of the disease, an estimated 45 million people will fall below the poverty line.

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