PINAR DEL RIO


support babalú


Your donations help fund
our continued operation

do you babalú?

what they’re saying


bestlatinosmall.jpg

quotes.gif

activism


ozt_bilingual


buclbanner

recommended reading





babalú features





recent comments


  • asombra: Not a problem. One way or another, Cubans abroad will provide for island Cubans, and Castro, Inc. knows this and means to profit...

  • asombra: It’s amazing how some people (actually, lots of people) can blind themselves to the obvious and embrace the spurious....

  • asombra: The beast was never big, important or formidable himself, but made that way by the smallness and weakness of the Cuban people,...

  • asombra: Murillo is a mere minion, expendable and interchangeable with any number of such tools, who are a dime a dozen. This makes his...

  • asombra: This toy-soldier uniform shit is beyond cheesy, and I mean processed cheese. These people make a huge fuss about rejecting...

search babalu

babalú archives

frequent topics


elsewhere on the net



realclearworld

Cuba hiding collapse of its foreign trade

Like all its other multitudinous failures, the dictatorship of Raul Castro in Cuba is hiding the collapse of the country's foreign trade.

Via Martí News (my translation):

Cuba hiding collapse of its foreign trade

Bodega cubana.

According to the firm Trade, which conducts analysis on the international export trade, Cuba reduced its imports of consumer goods and raw materials by 75% while its exports only reached half the totals achieved in 2011.

[...]

According to statistical analyses from COMEX, imports to Cuba fell by $6.1 billion dollars in 2011 to only $1.8 billion this past year with no compensation from domestic production to offset the reduction.

Read the entire report (in Spanish) HERE.

1 comment to Cuba hiding collapse of its foreign trade

  • asombra

    So let's end the embargo to bail them out and subsidize their failure. I mean, the Soviets did, and later Chavez picked up the tab. Surely the US can't look stingy, now can it?