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The economic situation has led to once-unimaginable public shows of discontent, as well as to the biggest emigrations in Cuba’s history. Almost 425,000 Cubans crossed the U.S.-Mexico border in ...
The economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution.
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 ...
Cuba this week asked state and private businesses to generate more of their own electricity from renewable resources and to limit their use of air conditioning, among other conservation measures ...
A huge power outage hit Cuba Oct. 19, and much of the island is still without electricity. Here’s why things may get worse. Nationwide power outage has paralyzed Cuba’s economy — but crisis ...
The then-economy minister, Gil, said Cuba’s economy had contracted between 1% and 2% in 2023, while inflation was at about 30%. ... The Today Show. Weekly horoscopes from January 26 to February ...
The Cuban government suddenly fired its ministers of economy and food industry on Friday, after days of angry public response to an austerity plan rolled out last month that, among other things ...
Cuba, [c] officially the Republic of Cuba, [d] is an island country, comprising the island of Cuba (largest island), Isla de la Juventud, and 4,195 islands, islets and cays surrounding the main island. It is located where the northern Caribbean Sea, Gulf of Mexico, and Atlantic Ocean meet.