Cuba approves sweeping market reforms
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Measures are expected to further decentralize Cuba’s state-run economy. Under the island’s current economic model, the government largely determines what is produced, who produces it, the prices at which goods are sold and how the country’s resources are allocated.
Will President Trump order a U.S. military strike on Cuba to force democratic and capitalist reforms? Could it deliver bread instead of bombs? The only thing that's clear: his Cuba objective so far isn't.
EnviosCuba, a major online store used by Cuban exiles to send goods to relatives on the island, halted operations June 5.
Cuba’s powerful Communist Party, or PCC, called an unscheduled session Wednesday, a rare occurrence that comes days after President Miguel Díaz-Canel announced an economic reform package aimed at opening up the struggling island’s economy.
The need for food, medicine and other basic essentials across Cuba is the most dire it has ever been -- and it’s one reason why a crucial meeting took place Wednesday on the island between Cuban religious organizations and U.
The deal to ship 250,000 barrels of fuel to Cuba could have eased an energy crisis. But the Trump administration says Vanguard Energy lacks the authorization to proceed.
The number of foreign visitors is down by 58% compared to last year, Cuban officials say, amid sanctions and an effective oil blockade.
US exports to Cuba have surged dramatically this year as businesses use a trade loophole to get fuel, appliances, furniture, food and vehicles past President Donald Trump’s wall of sanctions.
