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Cuba Calculates Cost of 54yr US Embargo At $1.1 Trillion
First time accepted submitter ltorvalds11 writes Cuba says its economy is suffering a "systematic worsening" due to a US embargo, the consequences of which Havana places at $1.1 trillion since Washington imposed the sanctions in 1960, taking into account the depreciation of the dollar against gold. "There is not, and there has not been in the world, such a terrorizing and vile violation of human rights of an entire people than the blockade that the US government has been leading against Cuba for 55 years," Cuban Deputy Foreign Minister Abelardo Moreno told reporters. He also blamed the embargo for the difficulties in accessing internet on the island, saying that the United States creates an obstacle for companies providing broadband services in Cuba. Additionally, he said that the area is one of the "most sensitive" to the embargo, with economic losses estimated at $34.2 million. It is also the sector that has fallen "victim of all kinds of attacks" by the US, as violations of the Cuban radio or electronic space "promote destabilization" of Cuban society, the report notes. The damage to Cuban foreign trade between April 2013 and June 2014 amounted to $3.9 billion, the report said. Without the embargo, Cuba could have earned $205.8 million selling products such as rum and cigars to US consumers. Barack Obama last week signed the one-year extension of the embargo on Cuba, based on the Trading with the Enemy Act of 1917, created to restrict trade with countries hostile to the U.S..
Russian propaganda. These are the same idiots who claimed Russia wasn't ever invading Ukraine.
"There is not, and there has not been in the world, such a terrorizing and vile violation of human rights of an entire people than the blockade that the US government has been leading against Cuba for 55 years,"
Ha ha ha ha! Funny guy. He needs to read a history book - or even a current weekly magazine.
Abretardo Morono - pushing the limits of ignorant hyperbole!
The righteous communists have a need to trade with the capitalist imperialists? Won't the ghost of Stalin provide for all?
I apologize for the lack of a signature.
Works to something like $20 Billion a year. That's a credible figure. We do $650 billion with Canada in a year, and Cuba ain't that much smaller.
The problem with their argument is that whenever a US President tries to reduce tensions, they do something to ratchet them back up. For example, Obama was inaugurated in Jan of '09, announces easing the embargo by allowing families in the US to visit and send money more easily in April, and by December some poor schmuck (Alan Gross) is rotting in a Cuban jail for bringing computer equipment in for Jewish groups. It's true that if you're an evil dictatorship stopping your local people from doing that is not unreasonable, and it;s true our government paid for it, but it's also true that you could easily stop him seizing his computers and deporting his ass. Now if Obama ever does anything nice for Cuba (such as sticking his neck out on ending the embargo) people supporting the embargo strongly have a trump card: why would we trade with a country that is holding one of our guys in prison for the crime of helping people access the internet?
It would cost them literally nothing to let this guy go, but they insist on keeping him in prison where he can only prevent them from accessing that $20 billion a year export market.
Which means most independent observers have long concluded the Castros like the embargo, because it allows them to claim everything that is wrong with the country is Evil Foreign Gringo's fault. Which justifies things like arresting guys for bringing in computer equipment.
I'm sure the United States would be more willing to consider ending the embargo if Alan Gross was freed from prison.
`more willing' in this case would mean saying 'No, no, no way' to ending the embargo, rather than 'No, no, no, no way'.
In other words, it is the political reality in the US that makes this impossible, not the imprisonment of a single guy.
... a fucked up country full of paranoid war hawks and religious whack-jobs, that's about what you'd expect from america.
Happy September 11th. If I wished to say those things about the United States I'd even be able to do so as a citizen. If you're an American then congratulations, you're in one of the only countries that you can do that. If you're not American I don't intend to stifle your freedom of speech, I just dare you to say that about you're own country.
Mainly foreigners who are accused of wanting to say it with guns and bombs, but there's no actual evidence and no judicial process or civilian oversight.
You're a temporary arrangement of matter sliding towards oblivion in a cold, uncaring universe