Cuban economy suffers slowdown
29-12-2008
Cuba has said it has experienced one of its most difficult years economically since the collapse of its former ally, the Soviet Union, in 1991. The economy of the communist-run Caribbean island has grown by 4.3 percent in the past year, falling well short of the 8 percent forecast by the government. The authorities have partly blamed the three hurricanes which hit this year, causing US$10 billion worth of damage, and the continuing US trade embargo.
