Cuba welcomes 2021 in victory, introduces new monetary policy
3,660 10 minutes read On Jan. 1, the 62nd anniversary of Cuba’s revolutionary victory, the government is implementing a sweeping economic policy with reorganization of the monetary system to promote more efficiency and greater production. It comes at a crucial time when the U.S. blockade and the impacts of COVID-19 are creating deeper difficulties for the Cuban people. Cuba’s socialist system enabled the people and government to weather the storm of 2020 and save lives in a way that U.S. capitalism could not and did not do. The most telling example is Cuba’s unified effort to overcom...