MercoPress. South Atlantic News Agency
Cuba is asking for 8 billion dollars in investment from private corporations
Cuba asked international companies on Monday to invest more than 8 billion dollars in the island as it attempts to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. Read full article
Comments
Disclaimer & comment rulesReally Cuba? Communist, socialist Cuba.....really? What is wrong with utopia?
Nov 05th, 2014 - 10:34 am - Link - Report abuse 0Are you watching Cuba SA?
According to Forbes magazine the Castro brothers are amongst the richest people in the world .
Nov 05th, 2014 - 10:44 am - Link - Report abuse 0Let them get their chequebooks out .
Cuba had all the investment available from the USA when Batista was in power.
Nov 05th, 2014 - 11:30 am - Link - Report abuse 0The commie Castro scum didn't like that and revolted: now they are just revolting.
And the twat says: “Cuba is pushing strongly to take advantage of the benefits associated with foreign investment to stimulate development,”
What he should have said was “we want your money you capitalist pigs”.
That would have been far closer to the truth.
Well, they had their chance and now they want another one: fuck them.
Over to 'inthegutter', no doubt.
Where does Cuba think the money will come from? They want foreign investors to put some hard currency in to boost their own failed economy. Where did these foreign investors make all this money? Certainly not in another 'socialist paradise' like Cuba.
Nov 05th, 2014 - 01:19 pm - Link - Report abuse 0Utter, rank hypocrisy!
CUBAN COMMUNISTS!!!! - Just admit it. You tried, you failed. It's been 50 years and it doesn't work. Give it up.
First you robbed your own population. Now you want to start spending other peoples money.
Some things never change.
8 billion ??
Nov 05th, 2014 - 02:21 pm - Link - Report abuse 0no worry, just ask dave, ??
Why not ask Argentina, apparently they have plenty of reserves LOL, sorry according to CFK and INDEC.
Nov 05th, 2014 - 03:11 pm - Link - Report abuse 0Not all failed ilsen Fidel has a net worth of almost $1,000,000,000 DOLLARS....not pesos.
Nov 05th, 2014 - 03:42 pm - Link - Report abuse 0“”... Malmierca argued the figure could be misused by the United States, which maintains an economic embargo on Cuba that the Caribbean country blames for much of its economic misfortune...“”
Nov 05th, 2014 - 06:34 pm - Link - Report abuse 0WHAT ? so now, the current situation in Cuba, as well as the sh*t that has been going on for the last 50 plus years, is the fault of the US ??? But haven't the Castro brothers always accused the US of being the great satan , and said that they could do very well on their own ?.....So why would Cuba need money from any capitalistic country ? what happened to their wonderful revolution ?? Make them admit publicly to the world that it failed miserably , before even considering releasing one bloody cent......problem is, what guarantee is there that the loans will be paid back, or if in the form of productive investment, that the rules of the game won't change overnight ?
Am just waiting to see when they - as well as VZ - will pay Brazil back the US$ 600 million invested to build the port of Mariel , plus hundreds of millions loaned for other projects...
I think the best way for Cuba would be to invite in Russian/Chinese oil companies, find the oil, start extracting and nationalise the companies - then trade the oil for short & medium range nuclear missiles.
Nov 06th, 2014 - 10:25 am - Link - Report abuse 0... Seem to remember bits of that at the back of my memory - can't remember whether it worked though.
@9
Nov 06th, 2014 - 06:08 pm - Link - Report abuse 0Bay of Pigs, & the Cuban Missile Crisis.....the first ended badly, and the second eventually reached its objective...
Yeah, I know.
Nov 06th, 2014 - 09:08 pm - Link - Report abuse 0I collected a cellar-full of canned food - for what it would have been worth.
Some days, huh.
I was barely out of diapers and had to read about those days. One positive on those days......Democrats had balls and had conservatives and Republican conservatives meant having a smaller less controlling government.
Nov 07th, 2014 - 12:26 am - Link - Report abuse 0Maybe now the Republicans will grow a pair, and tell the democrats where to get off.....too much time under all this liberal politically correct shit...just another way to hide the inconvenient truth.
Nov 07th, 2014 - 04:45 pm - Link - Report abuse 0A good amount will be stolen and depsoited into Castro family Swiss bank accounts.
Nov 07th, 2014 - 10:31 pm - Link - Report abuse 0Only if it's good for the party Jack will they.
Nov 10th, 2014 - 10:21 am - Link - Report abuse 0Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!