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RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

Part 9/10:

In summary, Cuba remains in a precarious economic situation, where its past and present intersect to create a complex web of challenges. The energy crisis poses immediate risks to the operational capacity of businesses, exacerbated by the unfavorable relationship with the U.S. that hinders any hope for significant economic assistance.

While attempts at partial dollarization offer some respite, the overarching economic picture is grim, characterized by deepening inequalities and a critical need for external support. As Cuba navigates these choppy waters, the need for political negotiation and external cooperation could not be clearer—though the path forward appears fraught with challenges.