Raul Castro Braces Cuba for Slower Growth
In his concluding statement at the year-end-session of Cuba’s closed-door National Assembly, Raul Castro lamented that the recent electoral victory of the Venezuelan opposition to the Socialist President Nicolas Maduro would negatively affect Cuba’s economy in 2016. As a result, growth is expected to be 2%, half of Cuba’s stated growth rate in 2015. The decline in oil … Read more
