Strapped for Cash, Cuba Turns to US Dollars

The series of new measures include the introduction of special “dollar stores,” an increase in domestic agricultural production to reduce dependency on imports, wholesale stores for owners of cafés, restaurants and other businesses, and long-awaited expansions for small- and medium-sized businesses.

Full article by the Startup Cuba here.

Cuba is slowly losing a lifeline as Venezuela collapses

With fuel shipments dwindling, long lines at gas stations have been a fact of life for most of the summer, and in recent days they have become a fixture at bus stops because routes have been suspended to conserve diesel.

Cuban President Miguel Diaz-Canel appeared on state television last month to announce austerity and energy-saving measures in the face of what he called “temporary” shortages.

Article by Los Angeles Times here.