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Venezuela's President Nicolas Maduro, right, and Cuba's President Raul Castro attend an ALBA alliance summit in Caracas, March 17, 2015. REUTERS/Carlos Garcia Rawlins For more than 50 years ...
Venezuela has since sent an estimated $30 billion worth of oil to Cuba in exchange for Havana dispatching tens of thousands of medical workers and other government employees, including ...
The U.S. Embassy in Venezuela called on American citizens or residents to not travel or stay in the South American country as ...
Apart from tourism, the only source of Cuba’s foreign income in the same league as Venezuela’s oil freebies is the remittances Cuban exiles in the U.S. send back home, which have been ...
Original article source: U.S. warships to patrol international waters around Venezuela as Trump vows to stop cartels The U.S.
Venezuela's President Nicolas Maduro has provided Cuba with more than 32,000 barrels per day (bpd) of crude since 2019 even amid U.S. sanctions on both countries.
If Venezuela were to cut Cuba loose, completely or partially, it could cause Cuba's economy to contract anywhere from 4 percent to 7.7 percent. "Cuba depends on Venezuela's political situation ...
Cuba's President Raul Castro, left, shakes hands with Venezuela's President Nicolas Maduro, before the ALBA summit at Revolution Palace in Havana, Dec. 14, 2014.
The War on Venezuela rewards Big Oil through lucrative contracts for security firms, preferential deals for weapons manufacturers and promises of new business opportunities, enjoying bipartisan ...
Venezuela currently sends almost 100,000 barrels per day of oil to the island—more than half of Cuba’s consumption—as well as aid thought to be worth in total between $5 billion and $15 ...
Cuba’s economy grew in the late 1990s and early 2000s thanks in part to an influx of oil from Venezuela, supplies of which have also collapsed in recent months as the situation there worsens.
Cuba’s graft does not match Venezuela’s. Its officials “are mostly punctilious administrators. Corruption tends to be an afterthought,” says a Western businessman. But its economy is ...