Monday, October 31, 2005

Cuba’s Billion Dollar Lifesaver

Much is told about the relationship Chavez-Castro and how critical it has been for the survival of the Cuban regime. Venezuelan newspaper, El Universal, published an estimate of the actual financial benefits received by Cuban perennial chief: 100 million barrels of oil financed at 1% interest rate in 15 years. That is a lifesaver of roughly US$850 million.


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