"US sanctions" tag
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Cuba records runaway inflation of over 70%

The island country’s economy has suffered due to reduced tourism and US sanctions. Cuba ended it’s dual-currency system earlier this year, also contributing to price fluctuations.  Cuba will have an inflation rate of over 70%...

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Cuba’s digital startups sidestep US remittances blockade

Money transfers from exiled Cubans living in the United States are crucially important for their families back home. But a recent US ban on remittances is forcing Cubans to go digital to keep dollars rolling...