Cuba

Cuba faces not only the hostility of the Empire, but also the silent abandonment of those who, in theory, should be challenging the unipolar order

19 June 2026 - by Eric Toussaint

At a time when solidarity with the Cuban people is of the utmost urgency, we are publishing a commentary by Eric Toussaint on the article by the Cuban author Josué Veloz Serrade entitled ‘Cuba at the crossroads of hypocritical multilateralism’ (…)
Cuba at the crossroads of hypocritical multilateralism

19 June 2026 - by Josué Veloz Serrade

“The slave knows a lot of things but what he knows above all is what the master wants, even if he himself does not know it, which is the usual situation, because otherwise he would not be a master” “What remains is indeed in effect the essence (…)
Ernest Mandel, Ernesto Che Guevara, Revolutionary Cuba, and the Debates on the Transition to Socialism

7 May 2026 - by Eric Toussaint

Introduction [1] The 20th century was marked by victories of social revolutions with a socialist character: in the Czarist empire in 1917, Yugoslavia in 1945, China in 1949, Vietnam in 1954 and 1975, Cuba in 1959, Algeria in 1962, and (…)
The Covid-19 pandemic evinces the need to cooperate despite political differences

17 April 2020 - by Cuban Ministry of Foreign Affairs

The impact of COVID19 can already be measured and will be assessed in the future by the striking numbers of people infected, the unacceptable numbers of deaths, the unquestionable damages to the world economy, production, trade, employment and (…)
Fidel Castro: The debt is unpayable

29 November 2016 - by Fidel Castro Ruz

This is the transcription of a speech by President Fidel Castro, at the Continental Dialogue on the Foreign Debt held at Havana’s Palace of Conventions on august 3rd, 1985. | Introduction to Fidel Castro’s Speech, by Eric Toussaint In (…)
The USA’s repudiation of the debt demanded by Spain from Cuba in 1898: What about Greece, Cyprus, Portugal, etc.?

8 September 2016 - by Eric Toussaint

The USA declared war on Spain in the middle of 1898, and sent their navy and troops to “liberate” Cuba from the Spanish yoke. Spain was defeated and negotiations between the two countries began in Paris in order to reach a peace agreement, (…)
Debt policy update, from Jubilee Debt Campaign

10 February 2016 - by Jubilee Debt Campaign

Highlights 1) Debt risks increase as commodity prices stay low According to the IMF and World Bank, 10 low income countries have seen an increased risk of not being able to pay their debts over the last year as global commodity prices have (…)
The Challenges for Regional Integration - Bolivia joining Mercosur and Cuba – US relations

5 February 2016 - by Julio C. Gambina

Latin American Integration continues to be discussed as a way of addressing the repercussions of capitalism’s global crisis and aspiring to a different development of the global order. In recent days, a Mercosur meeting was held in Paraná, (…)
£139 million of ‘made-up money’ to count as UK aid

25 January 2016 - by Jubilee Debt Campaign

£139 million of ‘made-up money’ will count as UK aid and contribute towards meeting the UK government’s target for spending 0.7% of national income on aid, documents released under the Freedom of Information Act have revealed. Under an (…)
Cuba: What lies beneath the agreements on the debt with the Paris Club and other creditors?

7 January 2016 - by Daniel Munevar

Last December, Cuba reached a historic agreement with the Paris Club to restructure its debt, following the default of the Caribbean island in 1986. According to the group of creditors, Cuba’s debt totalled 11 billion dollars in 2015, including (…)
A Marshall Plan for Cuba

5 January 2011 - by Atilio Boron

Cuba is currently faced with a crucial dilemma: either it updates, revises and reconstructs its economic model or it runs the risk of succumbing to the combined pressures created by its own errors and the aggression of the American embargo. The (…)
The challenges awaiting Cuba

30 March 2010 - by Eric Toussaint

External and internal factors are creating a tense and difficult situation in Cuba. The global financial and economic crisis is impacting the Cuban economy on five fronts: 1. the price of nickel exported by Cuba on the world market dropped (…)
Economists’ conference in Havana

Global crisis: the main protagonist

4 March 2009 - by Deisy Francis, Susana Lee

José Ramón Machado Ventura, Leonel Fernández y Esteban Lazo. Th global economic crisis was the main protagonist on the first day of Globalización 2009, the 9th International Conference of Economists on Globalization and Development Problems, (…)