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Latin Times
Latin Times
Politics
Maria Villarroel

Cuban Military-Run Companies Have Stashed Billions in Profit as Humanitarian and Economic Crises Deepen

Cubans walk past the US embassy as they march along Havana's promenade on December 20, 2024, during a demonstration against the blockade and Cuba's remaining on the list of countries that sponsor terrorism. Several hundred thousand Cubans, led by communist leader Raul Castro, marched on Friday in front of the US embassy in Havana to demand an end to Washington's blockade, a month before Donald Trump returns to command the White House. (Credit: Yamil Lage/Getty Images)

Companies run by Cuba's military have managed to stash away billions of dollars for their own consumption as the humanitarian and economic crisis in the island worsens, a new investigative report by the Miami Herald shows.

2024 proved to be a dire year for Cuba, as its economy further collapsed and Cubans tried to demand more rights and better living conditions.

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