Cuba Makes Market-Friendly Changes in the Face of Trump Pressure (opens original article in a new tab)

Cuba's government approved extensive market reforms to address economic issues amid US sanctions, aiming to attract investment and reduce state control, but faces challenges from Trump-era policies and potential humanitarian concerns.

• Cuba's leadership approved 176 market-liberalization measures across 23 areas to address economic challenges
• The reforms aim to attract investment and reduce state control, but face US sanctions under Trump's administration
• Cuba blames US embargo and sanctions for economic difficulties, with UN warning of a potential humanitarian crisis
• Reforms include allowing private sector participation, eliminating price controls, and promoting foreign investment