Cuba blames the U.S. embargo for nearly a trillion dollars in losses to the island’s economy since it was imposed by President Kennedy in 1962. Vice Foreign Minister Abelardo Moreno said that at current prices a conservative estimate of economic damages to the island up until December 2010 would be more than $104 billion. However, he added, if you take into consideration the extreme devaluation of the dollar against the price of gold on the international financial market during 2010, they would add up to nearly a trillion dollars…
- judith wedderburn: Hi Norman, Many thanks for this excellent summary and analysis of the findings of the CCJ in the...
- Calvin G. Brown: This decision of the CCJ has made the struggles of all who have fought for the creation of a...
- Gavin Fridell: Thanks for this extremely thoughtful commentary as always. I found this particularly interesting as in...
- Chanzo Greenidge: Great review. Hope you are well. I believe the post-Depression divergences Moya Pons describes are...
- Norman Girvan: Thank you so much, James, for this thoughtful comment, and also for the Spanish version as well. At...
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