Cuban bank blames a website for supposedly manipulating CUP/$ exchange rate. Venezuelan authorities used to do the same, before accepting the black market rate is the real rate.

📈💰 ¿Por qué el precio del dólar sigue subiendo en el mercado informal de divisas de Cuba?

1️⃣ La escasez de divisas en la economía cubana contribuye a la devaluación del peso, ya que hay una demanda creciente de moneda extranjera y una oferta limitada. Los bancos estatales y…

Los capitalistas se convierten en un salvavidas económico en #Cuba nytimes.com/es/2024/04/30/… vía The New York Times

🔥💯👇🏼

Cierra la Semana del Emprendimiento, iniciativa de la ⁦UKinCuba 🇬🇧🇨🇺⁩ y OnCuba 👏🏼👏🏼👏🏼 oncubanews.com/cuba/economia/…

Cuba Government Extols Role Of Private Companies- Now 13% Of Official GDP And 8% Of Imports. But, Three Years In And No Authorization For Investment And Financing. Why So Scared? — via ⁦⁦USCTEC⁩ cubatrade.org/blog/2024/4/19…

Some cheer aid for Ukraine and deplore aid to Israel. Others, the reverse. Structurally, though, the outcome is this: $95 billion to prop up an unsustainable U.S. global primacy, in this case to fund wars for which we and our partners conspicuously lack a sound strategy.

'Porque no es reproduciendo el pasado que podremos conquistar el futuro...no parece que estemos en una economía de guerra, más bien parece que estamos en guerra con la economía.' - Dr. Juan Triana oncubanews.com/opinion/column… OnCuba

1/4 Las exportaciones de carne de pollo de EEUU a Cuba se desplomaron en febrero de 2024 respecto al mes anterior, con caídas de 47,5% en las toneladas y de 42,4% en valor, regresando a los bajos niveles de noviembre de 2023

Important piece by Geoff Ramsey and Caleb McCarry on the evolving nature of U.S.-Venezuelan policy, with big implications for Cuba and its relations with both countries.

Why? President Biden

I don’t think it’s “personal politics” per se driving the war of words among Latin America’s presidents. I think it’s the old left-right divide, which is really the rich-poor divide — the toxic politics of a region with the world’s greatest inequality. It is no coincidence that,…

“The socialist government of Venezuela is discussing compensation with at least two Colombian companies whose assets were seized under late President Hugo Chávez.” - ⁦Bloomberg⁩ bloomberg.com/news/articles/…

#Cuba reveló que cinco bancos paralizaron compras de alimentos en 2023 debido a sanciones de #EEUU ocasionando retrasos en distribución de la #canastabásica sandiegouniontribune.com/en-espanol/not…

Thanks to the zealotry of one Florida congressman & the indifference of too many in Congress, #Cuba is now the only country on 🌎 where the mighty United States is forbidden from promoting capitalism as part of its “democracy building” programs.

Let that imbecility simmer.

Every now and then I gotta get this off my chest: Terminal D at Miami Int'l Airport is the worst designed airport terminal in the industrialized world. That is all.

1/2 🙌 ¡Samuel Pupo Martínez, preso político cubano, ya está en su casa!
Después de '2 años 8 meses y 20 días de injusto encierro', este profesor de Matemáticas de 48 años continuará su sentencia penal en su hogar.

'As you point out in the book, [the dollar] is very fragile. Its reputation, its credibility, its ephemera - it's all based on what people's view of America is,' Fareed Zakaria said to me

He asked whether I worry about the dollar's future as US politics get chaotic

I said yes.

Still making my way through the new Insider piece on the Havana syndrome story, and this bit leapt out to me as a Cubanist 👀👀👀

What were CIA trained Ukrainians gathering intel on in Cuba?

“Supporting the rise of this emerging entrepreneurial middle class in #Cuba will not only aid Cubans but will also help reduce the immigration pressure on the US border.” - Micho Spring for ⁦The Boston Globe⁩ bostonglobe.com/2024/04/01/opi…