The smell of garbage is overwhelming and intense under the Caribbean sun. The accumulated waste is such that an entire street ...

HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization of the state-dominated economy gained momentum, stoking social ...

The Cuban peso reached an all-time low on Monday as the partial dollarization of the economy continues, according to a new report. Concretely, the currency clocked in at 400 per U.S. dollars in a ...

Reuters.com is your online source for the latest Cuba news stories and current events, ensuring our readers up to date with ...

Cuba’s leader Miguel Díaz-Canel, during a meeting of members of the National Assembly on Tuesday, July 15. Cuba’s economy continues in free fall, with no apparent end in sight. That much was ...

Outside Havana, a combine belonging to a private Vietnamese company is harvesting rice, directly farming Cuban land -- in a ...

In the midst of the misery plaguing the island, the Cuban military has dollar reserves larger than the international reserves of nations like Costa Rica, Uruguay and Panama.

Cuba sent doctors and food to Vietnam during the war. Now ordinary Vietnamese are sending cash to struggling Cubans.

Because Cuba’s economy is partially run in dollars and GAESA has revenue streams and expenses in both the local peso currency and dollars — for example, it sells gasoline, handles foreign ...