Cuba Economy | Full Measure

Cuba, one of America’s closest foreign neighbors, is mired deep in an economic crisis, caused in part by declining tourism revenue, U.S. sanctions, and higher food and energy prices stemming from the war in Ukraine. Meantime, you may not have heard some big news: the communist island nation has officially declared its Soviet-modeled economy dead and has begun a transition to something quite different. Today, we’re off to Havana to see what that looks like.
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