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Ámbito Financiero is an Argentine newspaper founded on December 9, 1976, by economist Julio A. Ramos. It is one of the main economic newspapers. It was initially sold in Downtown Buenos Aires, covering mainly the daily prices of the U.S. dollar, gold, stocks, etc., and included other editorials. Ámbito Financiero was acquired by Orlando ...
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With the dissolution of the Soviet Union in 1991 Cuba lost much of its Soviet financial aid which it had become dependent on. [8] The loss of Soviet trade which comprised 80% of the islands foreign trade, created an economic crisis called the "Special Period" in Cuba which was defined by mass shortages. The Cuban government quickly began ...
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.
From 1970 to 1980, the Soviet Union was fully immersed in Cuba's economic affairs. [12] In 1972, Cuba joined the Council for Mutual Economic Assistance , [12] and by the end of the 1980s, 85% of Cuba's foreign trade was with members of COMECON. [11] From 1985 to 1989, 74.4% of all Cuban exports were sugar and related products. [13]
The Cuban peso (in Spanish peso cubano, ISO 4217 code: CUP) also known as moneda nacional, is the official currency of Cuba.. The Cuban peso historically circulated at par with the Spanish-American silver dollar from the 16th to 19th centuries, and then at par with the U.S. dollar from 1881 to 1959.
Juventud Rebelde, daily newspaper of Cuba's young communists. This is a list of newspapers in Cuba.Although the Cuban media is controlled by the Cuban People through the Cuban State apparatus, the national newspapers of Cuba are not directly published by the state, they are instead published by various Cuban political organizations with official approval.
In 1981–1989, Cuba used so-called INTUR coins and cheques. Convertible foreign currency was exchanged into these cheques rather than the national currency, which could be used to buy some luxury goods not available for purchase in the national currency. Also, from 1985, Banco Nacional de Cuba issued foreign exchange certificates of various types.