Cuba’s Dependency on Venezuela Makes it Vulnerable to Economic Turmoil

The economic crisis in Venezuela has turned millions of its citizens into refugees who are fleeing the country’s hyperinflation and shortages in food and medicine. A plunge in aid from Venezuela, along with a hardened trade embargo by the United States, has brought Cuba to its worst economic crisis since the post-Soviet depression in the 1990s, Carmelo Mesa-Lago, professor emeritus of economics and Latin American Studies at the University of Pittsburgh, and Pavel Vidal Alejandro, associate professor economics at the Pontifical Xavierian University in Cali, Colombia, write in their report.

Source: Yahoo.com