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The Nexus
WORLDJun 3 · 12:37 UTCSEMAFORTom Chivers

Cuba suffering wartime-scale economic crisis

Cuba faces a severe economic crisis exacerbated by the US blockade, mismanagement, and loss of Venezuelan oil. The Financial Times describes the US actions as 'bullying' but notes that adopting a liberalized economy with private sector growth and foreign investment could benefit Cuba. Bureaucratic hurdles and lack of support from traditional allies worsen the situation.

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