Posted in WP-12

Cuba moves to ‘partially’ dollarize economy as government struggles to make payments

Cuban Prime Minister Manuel Marrero said the government will embrace a “partial” dollarization of the economy as it struggles to buy food, oil, and pay creditors in a scenario he described as a “war economy.” During a session of the National Assembly on Wednesday, Marrero said the government will start accepting payments in dollars and …

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Continue Reading... Cuba moves to ‘partially’ dollarize economy as government struggles to make payments
Posted in WP-12

How the UK’s new government is promising to kickstart the economy – and what it still doesn’t have an answer for

The new Labour government has fully laid out its plans for the UK in its first king’s speech to parliament. There were 40 new bills in the speech, aimed at setting a clear agenda focused on growing the economy and improving living standards for working people. And yet there were several pressing issues that went …

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Continue Reading... How the UK’s new government is promising to kickstart the economy – and what it still doesn’t have an answer for