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Anthropologie Consulting Journeys » The Peopleâ€™s Journey: Cuban History, Arts, and Spanish
The mother-daughter duo (Lourdes I and Lourdes II), who asked that their last names not be used because they still fear the power of the Communist government, exemplify the changes that are transforming economic and social life in Cuba.
They have been preparing to rent their room since last fall, about a year after the tightly-controlled central government declared intentions to relax restrictions and open a wider portion of the economy to low-level capitalism.
Sanchez said the changes are deliberately slow.
"We have to build a new Cuban economy step-by-step, correcting what we are doing every day," Sánchez says.
Cuban Scholars Share Lessons of a Changing Economy | The Havana Note
World Press Review - Cuba - Economy
Though food and medicine are exempt from the trade embargo the United States has maintained against Cuba since the early 1960s, Washington still forbids U.S. banks from financing sales to Cuba, and demands that all transactions with the island's communist government be cash-only.Other U.S. laws, such as the 1992 Cuba Democracy Act, or the "Torricelli Law" as it's known in Cuba, seek to discourage other countries from trading with the island at all, by preventing, for example, any cargo ships from docking in the United States that have called at Cuban ports within the previous six months.The Cuban government claims the U.S. embargo has resulted in billions of dollars in damages to the island's economy over the course of the last four decades. top of page