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UN: Latin America, Caribbean face worst-ever recession

A regional United Nations physique is forecasting the worst-ever financial contraction for Latin America and the Caribbean, following oil costs transferring into damaging territory as demand drops on account of international coronavirus restrictions.
Many Latin American nations which produce oil will probably be hit badly and the UN Financial Fee for Latin America and the Caribbean predicts a 5.three p.c drop in financial exercise.

Al Jazeera’s Lucia Newman studies from Santiago, Chile.

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