Growing demand, rising prices, climate change, and Covid are all contributing to a shifting macroeconomic environment in the region’s largest economies.

Once hailed as a cheap and accessible vaccine option for the region, Russia’s Sputnik V has run into delivery problems in Argentina, Guatemala, Mexico, and elsewhere.

To get to the end of the pandemic, millions of people in every corner of Latin America will need to be vaccinated. It's an unprecedented challenge for logistics and medical systems.