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Cuba to Fight Financial Disturbance by Potentially Adopting Crypto


Cuba to Fight Financial Disturbance by Potentially Adopting Crypto
Last Updated May 14, 2021 @ 12:46
The president of Cuba – Miguel Díaz Canel – plans to cope with the economic turmoil in the country via the help of cryptocurrency.
The government officials of Cuba examine crypto adoption as an instrument to overcome financial turbulence in the country. This comes a few weeks after the Cuban authorities started discussing the implementation of digital assets in the economy.
Crypto vs. Monetary Turmoil
The economic situation on the island of Cuba suffered heavy setbacks due to the consequences of the COVID-19 pandemic. Moreover, the government implemented crippling sanctions on the residents, which had a catastrophic effect on the local economy. ....

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Jobless Nairobi Hotel Workers to Get Cash Donations - How to Register


Jobless Nairobi Hotel Workers to Get Cash Donations - How to Register
5 April 2021 - 1:56 pm
CS Ukur Yattani (left) and Embakasi East MP Babu Owino at Treasury office on Thursday, March 11, 2021.
Twitter
Embakasi East MP Babu Owino has announced that he will be launching a cash relief program for hotel and entertainment workers who have lost jobs following the new Covid-19 restrictions imposed by President Uhuru Kenyatta.
In a statement seen by
Kenyans.co.ke on April 5, Owino regretted that the hospitality industry in Nairobi had ground to a halt with many left in despair. 
“These Kenyans are now unable to feed their families. So many breadwinners are now jobless. Homes are breaking apart due to financial strain. Suicide rates among young men are higher than ever before,” he said. ....

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