Business & Economy Archives - Page 4 of 221

Why the Dollar and the Euro Rise & Fall vs the Cuban Peso

The price of the dollar or euro can soar, stabilize at a new high, and then fall sharply. However, it rarely returns to its starting point.

According to economist Pedro Monreal, the promise “does not make clear how subsidies and loans could translate into real resources.”

The Cuban government’s new economic program promises to correct the “distortions” that are suffocating the country, however…

Imported eggs from Brazil are now dollarized in San Jose de las Lajas, Mayabeque and sell out within minutes.

The sudden closure of several Chinese businesses in Managua and Masaya has raised suspicions among economists.

It seems they want to repeat the story: that a top government official does whatever he pleases while his superiors know nothing.

Detained in a secret location since March 2024, the ex-Minister of Economy & Finance was one of president Diaz-Canel’s most trusted officials.

For decades in Cuba, the standard food rations served as a safety net during times of economic turmoil like this.

In the Rio Grande Valley, a coalition of farmers, educators, and advocates is reimagining a food system built on justice, not scarcity.

“Who could have imagined we’d win the province of Buenos Aires?” Milei exclaimed on returning to a TV studio the morning after the election.