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Back on April 10th-2023 OnCuba News reported that "The Cuban government announced the bankability of the dollar, a measure that has caused intense exchanges of criteria among the population." The London-based BBC reports that "Banks in Cuba will again accept cash deposits in US dollars after a ban prohibiting the practice was surprisingly lifted on Monday."  Today -- Monday, April 17th, 2023 -- OnCuba News reports that: "More recently, Casas de Cambio S.A. {Cadeca} announced that as of Monday, April 17, users will be able to deposit cash in USD at all their offices." Expert economists on Cuba's economic had differing views regarding the island's return to the dollar, but perhaps the most important comment was Pavel Vidal said: "The relationship of the Cuban financial system with the USA has been very irregular. It is hard to understand its logic. It has been part of the government's preference to only introduce partial, fragmented changes and managing industries and markets in a segmented way {"handmade"} economy."  But whether it is problems in Cuba attributed to the endless U. S. economic embargo or to internal decisions by Cuba's revolutionary government, the Washiongton-based Center for Democracy in the Americas used the photo above to point out that the most important aspect of Cuba is its children, and neither foreign nor domestic players should ever forget that fact. These two children in Cuba, as well as their parents and grandparents, have all lived under the shackles of the U. S. economic blockade...and someday some decent people should correct that situtation. No one in a a more powerful nation should ever benefit from the misery of children in a much weaker nation.  .gif) |
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