Marta Elena Feitó Cabrera said the island’s beggars were faking poverty to make ‘easy’ money, drawing public outrage.

Cuba’s fragile communist system is showing increasing signs of strain as the island grapples with deepening economic hardship ...

The shift towards dollarization in Cuba's economy is gaining momentum, with the Cuban peso (CUP) and Freely Convertible ...

In a significant development within Cuba's informal market, the U.S. dollar and euro have risen in value, while the Freely ...

Over six decades of revolution have taken their toll. It is time for the international community to raise awareness of Cuba’s desperate reality — and to demand change from its leadership.

“We’ve seen people who appear to be beggars,” Feitó told the commission. “When you look at their hands, at the clothes these ...

During a December 2020 parliament session, Cuba's Economy Minister Alejandro Gil announced that Cuba's economy shrank 11% during the pandemic, worsened by the U.S.-imposed trade embargo.

Cuba’s Labor Minister Marta Elena Feitó Cabrera faces backlash after controversial comments she made about poverty in the ...

Cuba’s economy, including its tourism, sugar, and rum industries, is paralyzed by power outages, as Trump’s anti-immigration policies bloc a new mass exodus..

Despite the private sector’s growth, its overall contribution to Cuba’s economy, while increasing, remains modest, accounting for about 15% of gross domestic production.

Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating, while the socialist economy craters.

Cuba’s power plants are dilapidated and in desperate need of maintenance. In addition, Cuba produces very little fuel of its own, meaning it relies on imports to keep the electrical grid afloat.