Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats happening in the Cuban economy?

Cuban economy happening
0
Posted

Whats happening in the Cuban economy?

0

It’s recovering from its terrible crash in the early 1990s when the Soviet Union disappeared. They’re investing in the infrastructure that had been obsolete and decaying, rebuilding ports and railroad tracks. The airports have been built up already because of tourism. Cuba is buying 8,000 buses from a Chinese company. These are billion-dollar contracts. They [are buying] 500 railroad wagons from a company in Iran. The Cubans have cash to spend, and they are spending it. Aren’t American businesses eager to jump in? American businesspeople are desperate [to do that] right now. The only thing we can sell to the Cubans is food, agricultural goods and healthcare items. And Florida, the state closest to Cuba, is being harmed most by the wall we have and will potentially benefit the most. Business interests are pushing hard. The latest newcomer might be the oil industry. It’s a mixed blessing to have the oil industry getting involved in foreign policy, but in this case I think it’s beneficial

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123