Cuba struggling to pay debts due to US sanctions and lack of reforms

Cuba struggling to pay debts due to US sanctions and lack of reforms

Cuba has lately failed to pay portions of it’s debt to foreign creditors. This failure has resulted in high interests rates and mounting signs of a recession in Cuba. These issues are due in part to the lack of foreign investment and decreased tourism along with US sanctions and the failure of the Cuban government to make economic reforms.

Seekster
Seekster
Crimson Jester
Crimson Jester 0 months

Maybe they shouldn't have work camps and torture... but hey they made sure everyone can read their propaganda!

Samaritan
Samaritan 0 months

Gasp! Sanctions doing exactly what sanctions are supposed to do?!?

Up
Up 0 months

Are they still communist? I forget.

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