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The economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution.
Cuba's agricultural economy centered primarily on the sugar industry, serving as the cornerstone of the nation's exports. U.S. influence, particularly from companies like the United Fruit Company , was pervasive, with significant investments in large-scale sugar plantations and the production and export of sugar and tropical fruits to the ...
Feliciano Sergio "Félix" Sabates Jr. [1] [2] [3] (born September 9, 1945) is a Cuban-born former entrepreneur, and philanthropist living in the United States of America. He is a partner in Chip Ganassi Racing teams, which formerly fielded teams in the NASCAR Cup Series (as Chip Ganassi Racing with Felix Sabates), as well as fielding the IMSA WeatherTech SportsCar Championship, World Endurance ...
In his essay published that year, Socialism and the New Man in Cuba, Guevara continued to advocate for an economy based on a moral enthusiasm for self-sacrifice. [46] While Guevara was making diplomatic visits around the world, East European advisors were invited to Cuba to evaluate the economy, and wrote a report highly critical of Guevara.
Motorists have been waiting in line for days to fill up with diesel in Cuba, were the fuel is also used to generate electricity. Cuban drivers endure long lines to fill up as diesel fuel is ...
YouTube Kids has faced criticism from advocacy groups, particularly the Fairplay Organization, for concerns surrounding the app's use of commercial advertising, as well as algorithmic suggestions of videos that may be inappropriate for the app's target audience, as the app has been associated with a controversy surrounding disturbing or violent ...
In 2020, the economic situation in Cuba worsened. The Cuban economy contracted by 10.9% in 2020, and by 2% in the first six months of 2021. [11] The economic crises emerged from a combination of factors, [46] [47] including reduced financial support (subsidized fuel) from Cuba's ally Venezuela, the United States embargo against Cuba and United States sanctions (tightened by the Trump ...
Media in category "Economy of Cuba" This category contains only the following file. CUBA (27a) El Banco Español De La Habana-1 Peso (1872) second issue.jpg 6,236 × 6,164; 40.29 MB