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Economy
‘Marco Rubio is personally overseeing the starvation of an entire nation’
US Secretary of State Marco Rubio has long sought regime change in Cuba, and new reporting from Drop Site News on Monday suggested he may be intentionally misrepresenting the Trump…
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Cuba and Venezuela: Economic relations and the possible impacts of U.S. aggression
Throughout the first quarter of the 21st century, Cuba's economic relations with Venezuela have been very important. Their fundamental component has been the exchange of oil for…
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Electricity crisis in Cuba: Less and less power… and hope fading
When rumors spread in Camagüey at the start of this summer that a new blackout schedule would take effect—alternating nine hours of power outages with three hours of electricity…
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Díaz-Canel in China and the Guangdong temptation
Cuban President Miguel Díaz-Canel visited China in early September 2025 to attend events commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance…
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The Cuban economy: A deepening decline
With a focus on recent developments and their implications, Progreso Weekly offers a quick analysis of the Cuban economy over the past few months. Here are some of our findings:…
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CEOs are getting richer, while everyone else is falling behind
The gap between CEO compensation and median worker pay at Starbucks hit 6,666 to 1 last year.
In other words, to make as much money as their CEO made in 2024, typical baristas would’ve…
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The trillion-dollar question
The Budget That Broke the Scale
Washington quietly reached a milestone that would have seemed like science fiction a decade ago: a U.S. military budget topping $1 trillion. With little…
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Cuba’s economic spiral deepens: 5 years of decline and no relief in sight
Cuba’s economic woes continue to deepen, marking five consecutive years of decline, with little hope for recovery in the near future. In a sobering address to the nation’s parliament…
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Economists propose a “working guide” for Cuban ministries
The National Association of Economists and Accountants of Cuba (ANEC) held its ninth Congress on June 12 and 13, 2025. Previously, the meeting had been postponed twice due to the…
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How the Cuban economy is performing in 2025
The economic situation in 2025 remains discouraging; there have been no concrete positive changes compared to 2024. The same imbalances and distortions of recent years continue to…
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