Will Price Controls Increase Supply or Scarcity in Cuba?
A meeting of private business owners with a Deputy Minister of Finance and Prices exposes tensions over new price caps.
A meeting of private business owners with a Deputy Minister of Finance and Prices exposes tensions over new price caps.
Tirso Celedon, president of Agronegocios Comerciales, is the Ortega-Murillo family’s main figurehead in energy and real estate businesses.
Maximum profit limits for private sector sales to State companies took effect on Monday July 1st throughout Cuba.
Thirty days from graduating from a technical career, 180 young people were left hopeless. Forty workers and teachers were left unemployed.
The streets of the city of Matanzas have been filled with street vendors trying to survive. Some used to be professionals.
In Pinar del Río, inspectors detect 1,900 “illegalities” in livestock. Meanwhile, controls increase and production continues to decline.
In practice, government authorities have for a long-time treated hundreds of citizens who oppose the Communist Party regime as “non-Cubans.”
Espionage, threats, denial of passports, disappearance of records, are among the new repressive methods of the dictatorship.
The case affects a large “number of people who have been charged,” as well as state companies and entities that took part in it.
After his capture, the now ex-military chief accused President Luis Arce of ordering the military operation to “boost his popularity.”