History 5 min read
The Special Period: the Crisis That Transformed 1990s Cuba
The history of Cuba's Special Period (1991-2000), the devastating economic crisis after the fall of the USSR that changed the island forever.
#economic-crisis
4 articles
News 3 min read
Cuban peso hits historic low of 500 per dollar on informal market
The Cuban peso depreciated to 500 units per dollar, a new historic low amid economic pressure and US sanctions against the island.
News 3 min read
Cuba Loses 40% of Tourists as Canada Suspends All Flights
With all Canadian flights cancelled, Cuba loses 40% of its tourists amid the US oil blockade crisis.
News 3 min read
Dollar Breaks 500 Cuban Peso Barrier in Black Market
The US dollar hit a historic high of 500 Cuban pesos, just two months after the government implemented a floating exchange rate to control the informal market.