Cuba's private sector accounted for most of the value of retail sales for the first time last year, new government data shows ...

Cash-strapped Cuba's grueling crisis shows no signs of improvement, Cuban Economy Minister Joaquin Alonso said on Monday, ...

Cuba's private sector is accounting for more retail sales by value on the Communist-run island than the state for the first ...

Cuba's private sector dominated retail sales in 2024 for the first time, reaching 55% of total sales. This growth reflects ...

Facing worsening economic prospects, the Cuban government will allow joint ventures between state enterprises and local ...

Cuba's private sector has surpassed the state in retail sales for the first time since the 1959 revolution, accounting for 55 ...

Cuba has not had enough money in the last four years to keep up with spending on social programmes. Read more at straitstimes ...

Cuba's economic crisis During a December 2020 parliament session, Cuba's Economy Minister Alejandro Gil announced that Cuba's economy shrank 11% during the pandemic, worsened by the U.S.-imposed ...

Cuba is suffering an unprecedented economic crisis. In the last month, the government has said more than one million people - around 10% of its population - are without running water.

What the Cuban people endure is not a limited or selective restriction – it’s a full-scale siege. A form of collective punishment aimed at breaking a nation’s spirit.

Cuba found ways to soften the economic blow, first with patronage from the Soviet Union until its collapse in 1991, and then later with oil subsidies from Venezuela and the authorization of ...