The Death of the Convertible Cuban Peso
The currency was supposed to solve the regime’s economic woes. It failed; and no one will miss it.
The currency was supposed to solve the regime’s economic woes. It failed; and no one will miss it.
A whole generation of fledgling entrepreneurs have been trapped by uncertainty.
Move to nationalise aviation firm interpreted as a sign Kyiv views Washington as a more useful strategic partner than Beijing.
With scarce resources dedicated to exports, people are risking their lives on illegal moonshine.
Misinformation on both sides fed the struggle over dollar transfers – and it has been ordinary Cubans who suffer.
Lockdown measures and falling crude prices have taken their toll, despite official optimism.
Investors are exploiting cheap power with dire consequences.
Coronavirus has hit exports and imports as well as the crucial tourism sector.
Critics fear that risks outweigh any potential benefits.
Landmark deal may finally facilitate pipeline to Europe – if the Europeans are still interested.