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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 ...
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The Economic Collapse of Cuba: How One of the Richest Nations Became One of the Poorest
Cuba was once a tropical paradise and economic gem in the Caribbean, known for its sugar exports, tobacco, and booming ...
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.
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Fashion Glamp on MSNCuba's Cash Puzzle: Why Hotel Staff Exchange Big Bills for Small Amid Economic Restrictions
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 traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization ...
Cuba in three years has approved 11,355 private businesses. The sector's employees, together with 600,000 self-employed workers in Cuba, now account for 25% of jobs and 15% of imports, according ...
Without Soviet subsidies, Cuba went into an economic tailspin. A ‘Special Period’? Between 1991 and 1993, Cuba lost one third of its GDP. Food, gasoline and electricity became scarce.
In 2022, as Cuba’s economic crisis worsened, traffic to the dashboard ballooned. Foreign news agencies, including Reuters, AFP, and the Spanish wire service EFE, began citing El Toque’s rates in their ...
On the 99th anniversary of Fidel Castro’s birth, the commemoration reads less like a tribute and more like a reckoning. What ...
While President Joe Biden did the right thing by removing Cuba from the list of countries that support terrorism, honesty compels me to say that Cuba should not have been on the list in the first ...
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%.
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 ...
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