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Tag: US: Blockade cost Cuba over $130 billion

Cuba, USA

Unjust US blockade cost Cuba over $130 billion

NOVANEWS By Michael Kowalchuk Photo: ANSWER Coalition. In a stunning vindication of the Cuban government’s assertions that the Cuban economy has been drastically distorted due to the aggressive foreign policy of the United States, the head of a UN agency visiting the island confirmed that the U.S. blockade of Cuba has cost the country over $130 billion in the past 56 years. The “unjust blockade” by the U.S. has cost Cuba’s economy and its people over U.S. $130 billion in economic activity over the last five decades according to the Alicia Barcena, Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The figures quoted by Barcena are similar to the economic impact the Cuban government has repeatedly cited in arguing against the block...