The Food Industry in Cuba Has Fallen 67 Percent in the Last Five Years

Pork production fell from 149,400 tons in 2018 to 13,300 in 2023, a 91% decline and rice production declined by 90%, falling from 273,800 tons to a mere 27,900. 14ymedio, Madrid, May 8, 2024–The debacle that is the Cuban food industry is no secret, though that does not diminish the devastating scene of the statistics … Continue reading “The Food Industry in Cuba Has Fallen 67 Percent in the Last Five Years”

Unable to Control the Collapse of the Cuban Peso, the Regime Intensifies its Offensive Against ‘El Toque’

The intention of the independent media, says Banco Metropolitano, is to reach 11 July 2024 with the US currency at 480-500 pesos 14ymedio, Madrid, 3 May 2024 — On Thursday, 2 May, Cuba’s Metropolitan Bank (BM) launched a WhatsApp channel with which it plans to counteract the “induced inflation” that, according to the entity, is … Continue reading “Unable to Control the Collapse of the Cuban Peso, the Regime Intensifies its Offensive Against ‘El Toque’”

Only Half of the Cuban Population Receives Water in Adequate Condition

14ymedio, Madrid, 11 April 2024 — Barely 48% of the Cuban population receives water daily in conditions of quality, availability and accessibility. Despite the fact that the Government is committed by article 76 of the Constitution, which establishes that all people have the right to it and obliges the State to “create the conditions to … Continue reading “Only Half of the Cuban Population Receives Water in Adequate Condition”

Ceballos, the Declining Company That Tries To Impress the Cuban Government

After four years “without honoring its commitments,” the fruit exporter of Ciego de Ávila has little success 14ymedio, Havana, 13 April 2024 —   It is rare for the official press to retreat in its predictions of success for a state-owned company. But the collapse of the exports of the agro-industrial Ceballos, in Ciego de … Continue reading “Ceballos, the Declining Company That Tries To Impress the Cuban Government”

The Sister of the Former Cuban Minister of Economy Denies That He Is Detained: ‘He Is Incommunicado’

14ymedio, Yaiza Santos, Madrid, 20 March 2024 — María Victoria Gil Fernández spoke publicly again about her brother, the former Minister of Economy. In a statement this Monday to Canary Islands television in Spain, where she resides, she said that Alejandro Gil has not been arrested: “My brother is incommunicado.” She also blamed Raúl Castro … Continue reading “The Sister of the Former Cuban Minister of Economy Denies That He Is Detained: ‘He Is Incommunicado’”

Alejandro Gil’s Sister Confirms That the Former Cuban Minister and His Wife Are in Detention

14ymedio, Havana, 14 March 2024 — “My brother has been detained along with his wife. They have no cell phones; there is no way to communicate with them.” The former television presenter María Victoria Gil thus summarized the situation of her sister-in-law, Gina María González, and her brother Alejandro Gil Fernández, former Minister of Economy … Continue reading “Alejandro Gil’s Sister Confirms That the Former Cuban Minister and His Wife Are in Detention”

Former Cuban Minister of Economy Alejandro Gil is Being Investigated for Corruption

14ymedio, Havana, 8 March 2024 — The Cuban Government announced a criminal case for corruption against Alejandro Gil Fernández, who until last February 2 was Cuba’s Deputy Prime Minister and Minister of Economy and Planning. According to a brief note published by the official press, on Thursday night, and signed by Miguel Díaz-Canel, Gil is … Continue reading “Former Cuban Minister of Economy Alejandro Gil is Being Investigated for Corruption”

Cuba Buys 500 Tons of Powdered Milk From the United States

14ymedio, Madrid, 1 March 2024 — It has been two days since the Spanish agency EFE released the news that Cuba had asked, for the first time in history, for help from the United Nations World Food Program in the face of the milk shortage, but the Government still does not say a single word. … Continue reading “Cuba Buys 500 Tons of Powdered Milk From the United States”

Cuba: The Dollar Breaks a New Record on the Black Market at 275 Pesos

EFE (via 14ymedio) Havana,15 January 2024 — The US dollar set a new record in Cuba on Monday by trading at 275 pesos on the informal foreign exchange market, which deepens the strong depreciation of the local currency since the economic reform of 2021. This new maximum – recorded by the independent media El Toque … Continue reading “Cuba: The Dollar Breaks a New Record on the Black Market at 275 Pesos”

To Reduce Its Expenses, the Cuban Government Will Lower the Highest Pensions

14ymedio, Havana, 7 January 2024 — The collapse of the finances of the Cuban State, the accelerated aging of the population, the increase in life expectancy and the loss of tax income due to the massive emigration of workers, have led the Council of Ministers to modify the method for calculating pensions for retirement and … Continue reading “To Reduce Its Expenses, the Cuban Government Will Lower the Highest Pensions”

The Minister of Economy Who Never Told the Truth (I)

14ymedio, Elias Amor Bravo, Economist, December 28, 2023 — The facts speak for themselves. There is more than enough evidence that Alejandro Gil, Cuba’s Minister of Economy, knew since December 2020 and then from the first quarter of 2021, that the Ordering Task* could not go well, and that it would end up being a disaster … Continue reading “The Minister of Economy Who Never Told the Truth (I)”

The Minister of Economy Who Never Told the Truth (II)

14ymedio, Elías Amor Bravo, Economist, 29 December 2023 — A good part of the State TV Round Table program was dedicated by Alejandro Gil, the Minister of Economy, to the SMEs [small- and medium-sized enterprises], of which he said that there is no stopping of the process or reprisals. Another lie. Because although it is true … Continue reading “The Minister of Economy Who Never Told the Truth (II)”

The Ideological Endogamy of the Cuban Regime

14ymedio, Yunior García Aguilera, Madrid, 28 December 2023 — Endogamy is the practice of marrying in closed groups, between individuals of common ancestry. Reproduction between parents who are closely related greatly increases the chances that the offspring will be affected by recessive traits or genetic impairments. One of the most notorious cases was King Charles … Continue reading “The Ideological Endogamy of the Cuban Regime”

The Most Expensive Ice Cream Shop in Havana Opens Its Store for Christmas

14ymedio, Juan Diego Rodríguez, Havana, December 14, 2023 — Christmas has brought a gift in advance for those who can afford it, like everything today, in the frustrated revolutionary utopia. Bueníssimo Soderia Gourmet, the new ice cream-sweet shop that succeeds the old BimBom in the Havana neighborhood of El Vedado opened its doors this Wednesday, … Continue reading “The Most Expensive Ice Cream Shop in Havana Opens Its Store for Christmas”

Steps Towards the Disaster of Cuba’s ‘Bancarizacion’ [Banking Reform]

14ymedio, Elías Amor Bravo, Economist, November 25, 2023 — Bancarización* (banking reform) in Cuba is becoming a one-act comedy for those who are bored with the low quality of the script and the cast that participates. Almost half a year after the approval of Resolution 111 of the Central Bank of Cuba, the conclusion that … Continue reading “Steps Towards the Disaster of Cuba’s ‘Bancarizacion’ [Banking Reform]”