The region has increasingly embraced Russia for infrastructure investments and access to COVID-19 vaccines.
Latin America is starting to feel the heat — and some favorable changes — from economic sanctions against Russia.embraced Russia in past years for infrastructure investments and access to COVID-19 vaccines.
Countries also sanctioned by the U.S. and Europe, such as Cuba, Nicaragua and Venezuela, have allied with Russia for access to banking and loans, particularly in the last decade.Latin America is already seeing higher oil and gas prices, which is particularly tough on the mostly Central American countries that don’t produce their own.
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