Tag Archives: Ending the Cuban Embargo
Implications of Ending the Cuban Embargo
Foreign investors cannot hire, fire, or pay Cuban workers directly. They must go through the government employment agency which selects the workers. Investors pay the Cuban government in dollars or euros and the government, in turn, pays the workers a meager 10% in Cuban pesos. Corruption is pervasive, undermining equity and respect for the rule of law.
Posted in Foreign Policy, Latin America, News and Analysis
Tagged Castro regime, Cuba's Limited Economic Reforms, Cuban Military Control of the Economy, Cuban Workers, Ending the Cuban Embargo, Foreign Investment in Cuba, Gaviota, General Raul Castro, Grupo GAESA Islam, ISIL, ISIS, Islamic state, Muslims, Pan-Islamic Caliphate, President Obama, Trade With Cuba, Walid Shoebat
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