US EditionCuba’s president pushes for ‘urgent’ changes to island’s economic and business model
Cuba faces a nearly $8 billion revenue loss from U.S. sanctions and an energy crisis worsened by halted Venezuelan oil shipments, officials said.
- Cuba's president Miguel Díaz-Canel said urgent changes must be made to the country's economic and social model due to recent oil blockades and a halt in oil shipments from Venezuela.
- The push for transformation includes business and municipal autonomy, resizing of state apparatus, and partnerships between state and non-state sectors, according to state media.
- Cuba has implemented fuel-saving measures like halting public transportation and moving classes online, while prioritizing food production and changes to the power grid.
27 Articles
27 Articles
Havana., Several private businesses in Cuba yesterday made the first fuel imports due to the scarcity of the island, caused by pressure from the United States, confirmed several sources to Afp.
Cuba’s president pushes for ‘urgent’ changes to island’s economic and business model - The Boston Globe
The comments made during a meeting of the Council of Ministers come as Cuba feels the squeeze of a recent oil blockade coupled with a halt in oil shipments from Venezuela.
Associated Press News
Cuba's president pushes for 'urgent' changes to island's economic and business model
Cuban President Miguel Díaz-Canel says his government should “immediately” focus on implementing urgent transformations to the island’s economic and social model as oil reserves in the Caribbean country dwindle.
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Cuba’s president pushes for ‘urgent’ changes to economy
HAVANA — Cuban President Miguel Díaz-Canel said Monday that his government should “immediately” focus on implementing urgent transformations to the island’s economic and social model as oil reserves in the Caribbean country dwindle. The comments made during a meeting of the Council of Ministers come as Cuba feels the squeeze of a recent oil blockade coupled with a halt in oil shipments from Venezuela after the U.S. attacked the South American c…
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