The Anguish of Cubans in the Face of the Government’s Economic ‘Paquetazo’

14ymedio, Yoani Sánchez, Generation Y, Havana, 29 December 2023 –Few garlands, scarce Christmas trees and less popular enthusiasm are marking the last days of 2023 in Cuba. Apart from the occasional isolated celebration, the spirit of this December seems more marked by uncertainty than by celebration. Added to the long economic crisis and the mass exodus … Continue reading “The Anguish of Cubans in the Face of the Government’s Economic ‘Paquetazo’”

The Dollar Reaches 300 Pesos in the Cuban Informal Market and Ties With the Euro

14ymedio, Havana, February 10, 2024 — The dollar reached the barrier of 300 Cuban pesos this Saturday and was on par with the euro in the informal currency market, according to the independent media El Toque. The accelerated degradation of the national currency is due to the increase in uncertainty created by the swings of the paquetazo [a … Continue reading “The Dollar Reaches 300 Pesos in the Cuban Informal Market and Ties With the Euro”

The Older Generation Demonstrates Its Ineptitude in Dealing with the Devastating Crisis Cuba is Experiencing

14ymedio, Reinaldo Escobar, February 2, 2023 — The economic measures that were widely dubbed “el paquetazo“* — the package — were unpopular but necessary. Even from a coldly economic perspective, however, they seemed to be too little too late. The recent dismissal of the economics minister, Alejandro Gil, indicates that the decision to postpone increases … Continue reading “The Older Generation Demonstrates Its Ineptitude in Dealing with the Devastating Crisis Cuba is Experiencing”

‘The Problem Is Not the Ministers, It Is a Failed Model’ Summarizes a Cuban Economist

14ymedio, Havana, 3 February 2024 — 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 announcement of a “complex meteorological situation for Sunday and Monday.” But while the official … Continue reading “‘The Problem Is Not the Ministers, It Is a Failed Model’ Summarizes a Cuban Economist”

Cuban Government Gives Way and Modifies License for Private Carriers

14ymedio, Havana, 10 November 2019 — A little more than a year has been enough for the authorities to have back down on several measures adopted at the end of 2018 that restricted the work of private carriers in the Cuban capital, a sector that responded to these limitations with complaints and several strikes. After … Continue reading “Cuban Government Gives Way and Modifies License for Private Carriers”

The True Path is Not to Weaken the Oppressor but to Strengthen the Oppressed

14ymedio, Ariel Hidalgo, Miami, 21 December 2018 — The tug-of-war between a government leadership accustomed to impose its will like an absolute monarch and the sectors of the citizenship that are beginning to energetically claim their rights through peaceful resistance as actors of an emerging civil society, has come to the fore in recent months, especially in … Continue reading “The True Path is Not to Weaken the Oppressor but to Strengthen the Oppressed”

Cuban Government Yields to Pressures from Self-Employed and Keeps the Right to Hold Multiple Licenses

14ymedio, Havana, 6 December 2018 — The Cuban government has yielded to the pressures and unrest that have been incubating in Cuban streets for weeks, since new measures were announced to impose new controls over the private sector. In an unusual gesture, the authorities have softened some aspects of the rules that regulate self-employment after a barrage … Continue reading “Cuban Government Yields to Pressures from Self-Employed and Keeps the Right to Hold Multiple Licenses”