There is one world region that has been disproportionately affected by the impact of the SARS-CoV-2 pandemic: Latin America. With only eight percent of the world's population, this region accounts for twenty percent of all Corona infections recorded worldwide and thirty percent of all associated deaths. However, the continent had already been in turmoil previously due to social protests, (internal) political conflicts, and economic and financial crises. In this publication, Latin American political scientists and economists analyze the initial situation, the course of the pandemic, as well as its impact on ten selected countries to date, before venturing initial forecasts of future political, economic, and social developments. In a concluding section, development economist Prof. (em.) Dr. Hartmut Sangmeister examines the region as a whole at the macro level and develops courses of action for Latin American countries and their political and economic partners. With this publication, the HSF would like to draw attention to a region whose potential and value in a newly constituted global order should not be underestimated from a European and German perspective. Especially in times of crisis, it is important to strengthen partnerships and to work on possible solutions together. After all, in a globalized world, cross-border phenomena cannot be solved alone - rather, joint action based on shared values and aims is required.