Cuba Opens Wholesale Market to Sell Basic Staples

Cuba has opened up its first wholesale market in an economy dominated by government-run enterprises.   State-run newspaper Granma says the market is part of an ongoing effort to “reorganize” commerce on the communist island. The market will sell beans, beer, sugar, cigars and other basic staples for 20 to …

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Trump Bans US Use of Venezuelan Cryptocurrency

The Trump administration on Monday banned all use by Americans of Venezuelan cryptocurrency, saying that its introduction is intended to skirt U.S. sanctions. In a separate move, the administration also slapped sanctions on four current and former senior Venezuelan officials accused of corruption and mismanagement.   In an executive order …

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