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The heavy toll of the US embargo on the Cuban economy

2022-03-06T17:14:33.638Z


After sixty years of American blockade, Cuba always buys more food in the United States. Havana It's a huge sign on the Via Blanca, the road between Varadero and Havana. A few kilometers from the capital, it sets the tone, in white letters on a black background. “No al bloceo (“no to the embargo”), the longest genocide in history.” On this sign, a large American noose encloses a tiny island: Cuba. Shortly after the revolution, Fidel Castro nationalized the majority of foreign compani


Havana

It's a huge sign on the Via Blanca, the road between Varadero and Havana.

A few kilometers from the capital, it sets the tone, in white letters on a black background.

“No al bloceo (“no to the embargo”), the longest genocide in history.”

On this sign, a large American noose encloses a tiny island: Cuba.

Shortly after the revolution, Fidel Castro nationalized the majority of foreign companies, mainly American.

In response, John Fitzgerald Kennedy signed "Proclamation 3447, Embargo on All Commerce with Cuba" in February 1962 to suffocate the communist enemy.

Read also

In Cuba, empty stalls and a bureaucratic delirium

This text prohibiting any economic and financial flow between the two countries, the Castro brothers then the current president, Miguel Diaz-Canel, amply used it to make America guilty of the economic failures of the country.

The Cuban authorities assure that this embargo has cost them 144 billion dollars since its implementation.

Washington and Havana have been trading for…

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Source: lefigaro

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