Search results
Results from the WOW.Com Content Network
Political instability and corruption further exacerbated these issues. The Cuban Revolution of 1959, led by Fidel Castro, resulted in the nationalization of many industries, including tourism, and a severing of ties with the United States, leading to a sharp decline in U.S. visitors and a reconfiguration of Cuba's tourism landscape. [2]
The political career of Fidel Castro saw Cuba undergo significant economic, political, and social changes.In the Cuban Revolution, Fidel Castro and an associated group of revolutionaries toppled the ruling government of Fulgencio Batista, [1] forcing Batista out of power on 1 January 1959.
Raúl Castro's government began a concerted effort to restructure and to ask for forgiveness of loans and debts with creditor countries, many in the billions of dollars and long in arrears from loans and debts incurred under Fidel Castro in the 1970s and 1980s. [78] [79] In 2011, China forgave $6 billion in debt owed to it by Cuba. [80]
Fidel Alejandro Castro Ruz [a] (/ ˈ k æ s t r oʊ / KASS-troh; [1] Latin American Spanish: [fiˈðel aleˈxandɾo ˈkastɾo ˈrus]; 13 August 1926 – 25 November 2016) was a Cuban revolutionary and politician who was the leader of Cuba from 1959 to 2008, serving as the prime minister of Cuba from 1959 to 1976 and president from 1976 to 2008.
In March 1952, Cuban military general Fulgencio Batista seized power in a military coup, with the elected President Carlos Prío Socarrás fleeing to Mexico. Declaring himself president, Batista cancelled the planned presidential elections, describing his new system as "disciplined democracy"; Castro, like many others, considered it a one-man dictatorship. [1]
Workers will see the pay they take home reduced by as much as 20% percent.
By 1965, Cuba was officially a one-party state after a long period of political solidification by Fidel Castro after the Cuban Revolution. In September 1966, Fidel Castro gave a speech to representatives of the Committees for the Defense of the Revolution. In the speech, he gave his ruling that workers would no longer receive material bonuses ...
Cuba announced tough economic measures for 2024 that include raising prices for basic services and cutting subsidies on staples, alarming many in Havana. Cubans express alarm after government ...