Pedro Monreal News Today

The independent media outlet elToque, which has been documenting the fluctuations in the value of reference currencies in Cuba's informal market since...

Official inflation in Cuba surpassed 2% last April, largely driven by the rising costs of food, according to Cuban economist Pedro Monreal. In a threa...

The president of the Cuban Aviation Corporation S.A. made the announcement after a meeting with Chinese executives.

While Cubans continue facing food and fuel shortages and go without medicine and medical care, most of the communist regime's budget is spent on tourism. Serving the people, a government's only purpose, does not generate revenue, so the Castro dictatorship is instead investing in tourism to lure in foreign visitors, which does. This is socialism

Public Health and Education show minimal investment numbers, but they are not the only areas to be concerned about, as agricultural investment is also minimal.

Food scarcity is not a new phenomenon in Cuba, but the intensity and frequency of shortages have reached a critical point in recent months.

The Government blamed the situation on "financial restrictions mainly due to the intensified US embargo, [which they call a blockade]"

14yMedio reports from Havana via Translating Cuba: While the Euro Reaches 300 Cuban Pesos, the Government Keeps Going in the Same Direction The regime’s concern about the current crisis has led the official newspaper of the Communist Party of Cuba to once again publish the Economy section, which will appear in Granma on a weekly basis. Its

14yMedio reports from Havana via Translating Cuba: ‘The Problem Is Not the Ministers, It Is a Failed Model’ Summarizes a Cuban Economist The discreet headline about the dismissal of three Cuban ministers that remained on the front page of Granma since yesterday has been overshadowed, this Saturday, by a triumphant photo of Prime Minister Manuel Marrero and the

From our Bureau of Marvelous Utopian Economies with some assistance from our Bureau of Great Achievements in Latrine American Self-Destruction and our Bureau of Unfair Competitions Involving Nations at War With External Enemies and Nations at War With Their Own People Surprise! Cuba has earned second place on the list of nations with the greatest