Coronavirus could push Latin America, Caribbean into deepest recession since 1930s

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Even before the coronavirus swept through Latin America and the Caribbean, the region was ailing. With sluggish commodity prices and massive debt, economic growth was anemic — averaging just 0.7% annually over the last six years.The coronavirus is threatening to turn that economic malaise into a full-blown disaster.“Latin America has not been doing well over the last half decade,” said Jerry Haar, an international business professor at Florida International University. “This is like a kick to the groin to someone who already has a double hernia.”The Economic Commission for Latin America and th…

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