#economic-crisis

#economic-crisis

For decades, Cuba's tourism sector has enjoyed a reputation as an "economic locomotive" a term used by authorities who saw it as the lifeblood of the Caribbean island country's economy. But the industry has been in decline since its 2018 peak, and the U.S. government's squeeze on Cuba's oil supply has pushed the nation's most crucial industry closer to its breaking point.

the country was willing to engage in dialogue with the United States, a dialogue on any topic, but without pressure or preconditions.

Cuba has long been under the effects of a perfect storm that shows no signs of abating. In addition to constant power outages, the high cost of living, persistent unsanitary conditions in the streets, and a tangled economic crisis that Cuban authorities seem incapable of resolving, there are now direct threats from Donald Trump's administration, aimed at the Castro regime which has been in power for nearly 70 years.

Vladimir Putin is systematically ruining his country. His war of choice in Ukraine is an economic, financial, geopolitical and human calamity for Russia that worsens by the day. For his own murky reasons, Donald Trump, another national menace, offered him a lifeline last week. Yet Putin spurned it. These two fools deserve each other. On the table in Moscow was a peace deal that, broadly speaking, rewarded Russia's aggression by handing over large chunks of Ukrainian land, compromised Kyiv's independence

Both Quiroga and Paz sought to sell themselves as candidates of change and promise to pivot the country away from two decades of populist economic policy. The election comes after MAS, founded by former President Evo Morales, was voted out of government in an August 17 election. The result was seen as an expression of voters' frustration over party infighting as well as national fuel shortages. Quiroga and Paz had both pledged to fix the exchange rate, restructure state-owned businesses and attract foreign investment.

Cameroon goes to the polls on Sunday for a presidential election with Paul Biya, already the world's oldest head of state at the age of 92, the favourite to win an eighth term in power in the central African country. A fractured opposition of 11 candidates is standing against Biya, who, despite his advanced age and declining health, has dismissed calls for him to retire.

Following a meeting on Tuesday last week on the sidelines of the United Nations General Assembly (UNGA) in New York, US President Donald Trump described his Argentinian counterpart, Javier Milei, as a truly fantastic and powerful leader. He told reporters, I'm doing something I don't often do I'm giving my full endorsement to him. The next day, US Treasury Secretary Scott Bessent said that he was working in close coordination with President Milei and would do what is necessary to support Argentina's economy.