End of preview - This article contains approximately 849 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - October 2023
CUBA: Small businesses resist digital money
A new government rule, introduced at the beginning of August, requires all transactions worth CUP 5,000 (US$21) or more to be conducted digitally, part of an effort to develop the banking system and give the Partido Comunista de Cuba (PCC) government greater control of monetary policy. However, it has not been well received, with many individuals and small businesses expressing a strong preference for cash.
- A make-or-break election in Argentina
- VENEZUELA: Rekindling ties with Beijing
- BOLIVIA: Natural gas production continues to fall
- PERU: Growth forecast slashed
- ECONOMIC HIGHLIGHTS
- PARAGUAY: Peña cuts his teeth on ‘hot button’ topics
- CHILE: Slowdown amid uncertainty
- ECONOMIC HIGHLIGHTS
- GUATEMALA: Arévalo’s anti-corruption platform
- NICARAGUA: Gov’t hails new FTA with China
- REGION: Concerns over falling coffee yields
- CUBA: Small businesses resist digital money
- SURINAME: Government reaches new staff-level agreement with IMF
- ECONOMIC HIGHLIGHTS
- MEXICO: New brewery illustrates growth of beer industry
- MEXICO: Sustainable financial strategy welcome but contrary to priorities
- MEXICO: 2024 budget proposal spells trouble for next administration
- MEXICO: Aviation sector will continue to face challenges despite safety upgrade
- ECONOMIC HIGHLIGHTS