Communist Cuba turns to Capitalism to save its economy: Here's how

AI Summary
Cuba's government approved roughly 175–200 economic policy measures aimed at reversing severe economic decline linked to a US oil embargo. The reforms substantially curtail state control across banking, real estate, tourism, and agriculture while enabling foreign investment—a historic transformation for the communist nation's economic framework. Officials characterized the package as necessary to stabilize an economy strained by severe energy shortages and material deterioration since the embargo's imposition.
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Communist Cuba turns to Capitalism to save its economy: Here's how
Cuba’s Communist government has turned to Capitalist economic measures in a bid to save the island’s collapsing economy amid U.S. sanctions.
In a historic development, the Cuban President Miguel...
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