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Iran's military loss will have a global impact, including in Latin America. Here's why Venezuela, Cuba should worry. | ...
Both presidents have sought to curb the Cuban military’s economic dominance. Trump’s new sanctions threat adds bite but comes ...
Cuba now receives about 50,000 barrels of oil a day from Venezuela, about half of what it did during its neighbor’s boom years, estimates Piñón, the energy expert.
Venezuela and Cuba started strengthening ties soon after Hugo Chavez, a socialist and open admirer of Fidel Castro, came to power in 1999. The alliance, fueled by a close personal friendship, ...
The Cuban women’s national volleyball team will not be able to participate in the upcoming NORCECA Final Four tournament ...
If Venezuela were to cut Cuba loose, completely or partially, it could cause Cuba's economy to contract anywhere from 4 percent to 7.7 percent.
Trump’s hand-picked Secretary of State, Rex Tillerson, the man who first set the administration’s Cuba-Venezuela policy, was CEO of ExxonMobil during its peak tensions with Chavez in 2007.
Cuba’s graft does not match Venezuela’s. Its officials “are mostly punctilious administrators. Corruption tends to be an afterthought,” says a Western businessman.
Apart from tourism, the only source of Cuba’s foreign income in the same league as Venezuela’s oil freebies is the remittances Cuban exiles in the U.S. send back home, which have been ...
Cuba, Venezuela, Nicaragua — these countries really don't have many more friends, they don't have many options. So it is also very possible they’ll just start looking for new ways to survive ...
Venezuela’s economic subsidy reached its peak at about 12 percent of Cuba’s gross domestic product. During the boom years, around 90,000 barrels of crude oil daily, representing $9 billion ...
Cuba now receives about 50,000 barrels of oil a day from Venezuela, about half of what it did during its neighbor’s boom years, estimates Piñón, the energy expert.
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