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Cubans face soaring fuel prices as Canadian tourists swoop in for winter getaways

The mounting challenges for ordinary Cubans may be seen up close by some Canadians this winter, as snowbirds and other travellers head to the island nation for respite from the cold.

Cubans face soaring fuel prices as Canadian tourists swoop in for winter getaways

Whatever the weather in Cuba this February, people may be feeling gloomy about the cost of living.The Cuban government is set to raise fuel prices fivefold at the start of next month. Havana says the move is a must, as it seeks funds to trim its deficit spending and buy needed goods from abroad.The change is not expected to have much of an immediate impact on the costs of vacation packages for Canadians looking to get away to the popular Caribbean destination, but those travelling to Cuba's citi

Cubans brace for impact as gasoline prices set to soar

Shortly after Cuban taxi driver Javier Ernesto heard fuel prices were set to soar fivefold on Feb. 1, he bolted for his local gas station. Cubans across the capital crowded gas stations and braced for impact ahead of the biggest single jump in fuel prices on the island in decades, a measure the communist-run government says is necessary to control deficit spending and raise funds for imports of food, medicine and critically - more fuel. There will be similar rises for other grades of gasoline and diesel, the government said on Monday.

Cubans Brace for Impact as Gasoline Prices Set to Soar

Cubans Brace for Impact as Gasoline Prices Set to Soar
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Cubans brace for impact as gasoline prices set to soar

Cubans brace for impact as gasoline prices set to soar
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