Cuba s cash-strapped government announced Monday that fuel prices will soar by more than 500 percent beginning February 1, part of a series of economic measures aimed at reducing the deficit.
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HAVANA, Cuba, (AFP) – Accustomed to lugging around thick wads of cash, Cubans are skeptical of government efforts to force them to deposit their money into a crumbling banking system in an effort to .
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The country is experiencing its worst economic crisis in decades, with double-digit inflation and rampant money printing in recent years boosting the amount of cash on the street.