Cuba was once a tropical paradise and economic gem in the Caribbean, known for its sugar exports, tobacco, and booming ...

Have you ever found yourself in a financial exchange that you don’t quite understand while traveling? Imagine hotel staff in Cuba coming to you, eager to exchange your large Canadian banknotes for ...

The Cuban peso reached an all-time low on Monday as the partial dollarization of the economy continues, according to a new ...

The new report from the UK’s Lancet medical journal does not mention Cuba, but its main finding – that sanctions are often lethal – clarifies to what ...

The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization ...

Cash-strapped Cuba's grueling crisis shows no signs of improvement, Cuban Economy Minister Joaquin Alonso said on Monday, ...

Nélida Pérez feeds street cats in Old Havana, but Cuba's worsening economic crisis is making it increasingly difficult.

Cuba is suffering an unprecedented economic crisis. In the last month, the government has said more than one million people - around 10% of its population - are without running water.

The Soviet Union gave Cuba a ton of aid over the years, keeping its economy afloat, but that didn't last. LEOGRANDE: After the collapse of the Soviet Union, gross domestic product fell by 35%.

A deepening economic crisis makes almost every aspect of life in Cuba challenging for the population; long lines for buses, power outages and shortages are part of everyday life on the island.

Cuba's economic crisis During a December 2020 parliament session, Cuba's Economy Minister Alejandro Gil announced that Cuba's economy shrank 11% during the pandemic, worsened by the U.S.-imposed ...

As much as Beijing has advanced in Cuba, though, it won't pursue matters there at the risk of its far more lucrative economic ties with the United States, according to observers in Beijing and ...