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

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 ...

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

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 ...

Protests have continued this week in Cuba over one of the island’s worst ever economic and energy crises as food shortages and blackouts push the country toward the "verge of collapse." Florida ...

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

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 is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state-run economy struggles to recover from a string of natural disasters ...

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.

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