07 Feb '21 06:53>
China, Russia, and now Cuba... Communists all return to their economic senses,, eventually!
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Cuba opens door to most small business initiatives - News.Trust
HAVANA, Feb 6 (Reuters) - In a major reform of the state-dominated economy, the Cuban government will allow small private businesses to operate in most fields, eliminating its limited list of activities, state-run media reported on Saturday.
The measure, coming as the Caribbean island seeks to recover from an economic slump, will expand the field from 127 activities to more than 2,000, Labor Minister Marta Elena Feito Cabrera was quoted as saying. She spoke at a council of ministers meeting that approved the policy.
She said there would be 124 exceptions, but the media reports provided no details.
Reform-minded Cuban economists have long called for the role of small business to be expanded to help jump-start the economy and to create jobs.
https://news.trust.org/item/20210206130955-iure3
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Anyone with common sense has known all along what it would take to stop the economy of Cuba from continuing to erode. My opinion is, the Cuban regime feels that a revolution will occur in Cuba if their economy continues to slide, hence, a severe loss of power for the Cuban leaders, ala, their close ally, Russia.
Perhaps an opportune President Biden will jump in here and relieve Cuba of some of the economic sanctions that the US has placed on their country and give the Cuban people some hope, maybe?? It's called Diplomacy, Joe. Got any?
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Cuba opens door to most small business initiatives - News.Trust
HAVANA, Feb 6 (Reuters) - In a major reform of the state-dominated economy, the Cuban government will allow small private businesses to operate in most fields, eliminating its limited list of activities, state-run media reported on Saturday.
The measure, coming as the Caribbean island seeks to recover from an economic slump, will expand the field from 127 activities to more than 2,000, Labor Minister Marta Elena Feito Cabrera was quoted as saying. She spoke at a council of ministers meeting that approved the policy.
She said there would be 124 exceptions, but the media reports provided no details.
Reform-minded Cuban economists have long called for the role of small business to be expanded to help jump-start the economy and to create jobs.
https://news.trust.org/item/20210206130955-iure3
-------------------------------------
Anyone with common sense has known all along what it would take to stop the economy of Cuba from continuing to erode. My opinion is, the Cuban regime feels that a revolution will occur in Cuba if their economy continues to slide, hence, a severe loss of power for the Cuban leaders, ala, their close ally, Russia.
Perhaps an opportune President Biden will jump in here and relieve Cuba of some of the economic sanctions that the US has placed on their country and give the Cuban people some hope, maybe?? It's called Diplomacy, Joe. Got any?