As Russia forgives 90% of debt owed by deadbeat Castro regime, Putin plans visit to Cuba
Once again, America's anachronistic and outdated cold-war relic sanctions against Cuba's Castro dictatorship have prevented the U.S. from exploiting opportunities in Cuba. With our hands tied by the intransigent hard-line Cuban exile blowhards in Miami, we have to sit and just watch as our rival Russia expands their relationship with Cuba's apartheid regime, leaving us out in the cold.
Just think about it: If it weren't for those crazy Cubans in Miami, it could have been U.S. taxpayers reaping the rewards of writing off and losing nearly $32 billion in debt accumulated by the deadbeat Castro mafia in Havana. Curse them!
Russia's State Duma ratifies deal to write off 90% of Cuba's debt
Russia's lower house of parliament, the State Duma, ratified an agreement on Friday writing off Cuba's Soviet-era debts worth over $30 billion.
Moscow has agreed to forgive 90 percent of Cuba's $35.2 billion debt to the former Soviet Union. Cuba will still have to pay 10 percent or $3.5 billion of the debt over 10 years.
The funds will be transferred to the account of Russia's Vnesheconombank (VEB) in the National Bank of Cuba and used to finance the economy of the Caribbean island nation, which remains under an economic embargo by the United States.
The agreement was signed by the Russian and Cuban governments in late October 2013.
The first payment is to be made on October 25 this year and the last one on April 25, 2024.
The Kremlin press service said Friday Russian President Vladimir Putin plans to visit Cuba, Argentina and Brazil later this month.
The president is to attend a summit of the BRICS group of five major emerging economies (Brazil, Russia, India, China, and South Africa) on July 11-16 in Brazil.
And to add insult to injury, Russia's Vladimir Putin will be visiting with Cuba's Castro crime family to discuss further expanding their relationship while we Americans are forced to sit on the sidelines. Because of this ancient embargo, all we Americans can do is imagine how wonderful it must be to partner up with the bloodiest, most murderous, human trafficking and terrorist supporting apartheid dictatorship in the Western Hemisphere.
Putin to visit Cuba and other LatAm nations
Moscow (AFP) - President Vladimir Putin will next week begin a major Latin America tour that will take him to Cuba, Argentina and Brazil as he seeks to counter Russia's growing international isolation over the Ukraine crisis.
Putin will begin his six-day tour with the July 11 visit to Cuba, where he will meet President Raul Castro and the 87-year-old father of the Cuban Revolution, Fidel Castro, the Kremlin said on Friday.
The visit to the Communist-run island will come as tensions remain high between Russia and the West over the Ukraine crisis. Havana has sided with its old ally Russia in the conflict.
Putin and his Cuban hosts are expected to discuss cooperation in energy, transport, aviation, space and health, the Kremlin said.
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