CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY - Santo Domingo

RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY

Ideology seen crimping Cuban liberalization moves Fidel has slapped Raul for impetuous statements and Raul has now been humiliated in public by his big brother

* Reuters, Thursday May 21 2009

* Cubans' buying power below that of regional counterparts * U.S.-based analysts recommend liberalization moves * But see prevailing ideology as major brake on reforms
By Pascal Fletcher
MIAMI, May 21 (Reuters) - The purchasing power of Cuban workers badly lags that of counterparts in Honduras, Costa Rica and the Dominican Republic, but economic reform moves are curtailed by the Cuban leadership's communist ideology, U.S.-based analysts said on Thursday.
The experts from the University of Miami's Institute for Cuban and Cuban-American Studies blamed Cuba's dual monetary system, inflated prices and economic inefficiencies, especially in food output, for hurting Cubans' buying power.
"Despite being able to count on a wide network of social protection and free services, such as education and health, Cuban households and workers must dedicate more hours and days of work to acquire or buy basic food items than their counterparts in Costa Rica, Honduras and the Dominican Republic," an Institute study said.
Cuba's Communist Party government rejects such comparisons as failing to reflect its citizens' social benefits such as free health and education services, cheap subsidized transport and basic foods from state-run grocery stores.
It blames shortages of food and other necessities on a 47-year-old U.S. trade embargo against the island, although Cuban President Raul Castro has launched wage and agricultural reforms in a bid to boost productivity.
The study, which cited official Cuban figures as well as price and income data obtained during a November visit to Cuba, estimated that an average Cuban worker must work 57.5 hours (7.2 days) to buy a 400-gram box of powdered milk.
To make the same purchase, a Dominican Republic worker would labor 11.4 hours and a Honduran 5.4 hours. A Costa Rican worker would have to work only 1.7 hours, said the study by Mario Gonzalez-Corzo and Susel Perez.
Aggravating the situation: Most Cuban workers were paid in the regular Cuban peso, while many items have to be paid for in Cuban convertible pesos at state-run hard-currency stores.
Only a liberalization of Cuba's state-controlled economy would create the economic incentives needed to boost productivity and Cubans' purchasing power, the analysts said.
"Opening up the rural areas, permitting private enterprise, permitting more 'cuentapropistas' (self-employed private workers), there's a number of economic steps that they can do," the Institute's Jaime Suchlicki told Reuters.
"IDEOLOGICAL BATTLE"
The analysts said Raul Castro, who took over as Cuban president last year from Fidel, his ailing older brother, has taken some steps to help revive the faltering economy and boost output by lifting wage caps and permitting vacant state land to be leased to anyone willing to work it.
"There's a conflict between where the pragmatist needs are pushing decision makers to go, and where the political ideology permits them to go," Gonzalez-Corzo said.
Last month, U.S. President Barack Obama eased curbs on Cuban-American travel and remittances to Cuba. But Obama made it clear he expects Cuba to release detained dissidents.
Raul and Fidel Castro said Cuba did not feel it had to make concessions. They demanded an end to the U.S. embargo

My daughter Yaina aka ". Chucky la Nina Diabolica "

#3 - Posted 22 May 2009, 4:11 PM
cabaretewilliam Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 6778	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: FredCDobbs previously said: Ideology seen crimping Cuban liberalization moves Fidel has slapped Raul for impetuous statements and Raul has now been humiliated in public by his big brother * Reuters, Thursday May 21 2009 * Cubans' buying power below that of regional counterparts * U.S.-based analysts recommend liberalization moves * But see prevailing ideology as major brake on reforms By Pascal Fletcher MIAMI, May 21 (Reuters) - The purchasing power of Cuban workers badly lags that of counterparts in Honduras, Costa Rica and the Dominican Republic, but economic reform moves are curtailed by the Cuban leadership's communist ideology, U.S.-based analysts said on Thursday. The experts from the University of Miami's Institute for Cuban and Cuban-American Studies blamed Cuba's dual monetary system, inflated prices and economic inefficiencies, especially in food output, for hurting Cubans' buying power. "Despite being able to count on a wide network of social protection and free services, such as education and health, Cuban households and workers must dedicate more hours and days of work to acquire or buy basic food items than their counterparts in Costa Rica, Honduras and the Dominican Republic," an Institute study said. Cuba's Communist Party government rejects such comparisons as failing to reflect its citizens' social benefits such as free health and education services, cheap subsidized transport and basic foods from state-run grocery stores. It blames shortages of food and other necessities on a 47-year-old U.S. trade embargo against the island, although Cuban President Raul Castro has launched wage and agricultural reforms in a bid to boost productivity. The study, which cited official Cuban figures as well as price and income data obtained during a November visit to Cuba, estimated that an average Cuban worker must work 57.5 hours (7.2 days) to buy a 400-gram box of powdered milk. To make the same purchase, a Dominican Republic worker would labor 11.4 hours and a Honduran 5.4 hours. A Costa Rican worker would have to work only 1.7 hours, said the study by Mario Gonzalez-Corzo and Susel Perez. Aggravating the situation: Most Cuban workers were paid in the regular Cuban peso, while many items have to be paid for in Cuban convertible pesos at state-run hard-currency stores. Only a liberalization of Cuba's state-controlled economy would create the economic incentives needed to boost productivity and Cubans' purchasing power, the analysts said. "Opening up the rural areas, permitting private enterprise, permitting more 'cuentapropistas' (self-employed private workers), there's a number of economic steps that they can do," the Institute's Jaime Suchlicki told Reuters. "IDEOLOGICAL BATTLE" The analysts said Raul Castro, who took over as Cuban president last year from Fidel, his ailing older brother, has taken some steps to help revive the faltering economy and boost output by lifting wage caps and permitting vacant state land to be leased to anyone willing to work it. "There's a conflict between where the pragmatist needs are pushing decision makers to go, and where the political ideology permits them to go," Gonzalez-Corzo said. Last month, U.S. President Barack Obama eased curbs on Cuban-American travel and remittances to Cuba. But Obama made it clear he expects Cuba to release detained dissidents. Raul and Fidel Castro said Cuba did not feel it had to make concessions. They demanded an end to the U.S. embargo The prison camp is going broke - what a surprise - while the Castro family owns half of the island...typical commies- and we have them in Washington now... Wrongdoers eagerly listen to gossip; liars pay close attention to slander. Proverbs 17:4
	Post IP: 201.229.183.19*

#1 - Posted 22 May 2009, 7:42 AM
FredCDobbs Location: Dominican Republic, Parque Colon statue of Anacaona Join date: April 2009 Member #: 2573 Posts: 3334	CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY * Delay in payments by Cimex due to liquidity squeeze * One more hurricane and Kaput commies By Jeff Franks HAVANA, May 21 (Reuters) - A cash crunch is causing one of Cuba's largest business corporations, Cimex, to put off payments for some products, but the bills eventually will be settled, the head of the state-owned company said on Thursday. Cimex President Eduardo Bencomo also said Cuba had not yet seen an increase in remittances sent by Cuban Americans to their families on the communist-ruled island, after U.S. President Barack Obama lifted restrictions on them last month. Cuba has been struggling through a liquidity crisis in recent months that has provoked complaints from foreign businesses that they are not getting paid for their products. Some foreign diplomats have said they feared Cuba was on the brink of insolvency. Cimex is a sprawling conglomerate with annual sales above $1 billion. Its businesses include a network of shops selling goods in Cuban convertible pesos, real estate operations and food services, and the processing of remittances. Bencomo acknowledged the liquidity squeeze, telling reporters at a press conference that payments for certain imported items such as air conditioners and other equipment had suffered "some delay." But he said "the will of the country" was to meet its financial obligations. "We had an amount of money in the bank for external payments and we've been paying out," he said. "The will is to keep paying ... the country will keep paying, without doubt. "If more people come (to visit Cuba), there will be more money and we will be able to pay what we haven't paid," Bencomo said. Cuba's economy has been crippled by the global financial crisis and three hurricanes that struck last year, causing $10 billion in damage, according to the Cuban government. It blames a U.S. trade embargo imposed since 1962 for many of its problems. But Cuban President Raul Castro has said Cuba needs greater productivity and called for a pay system that rewards the best workers. On April 13, Obama lifted restrictions on Cuban American travel and remittances to Cuba, which he said was a signal to the island that the U.S. wants to end hostilities that began after Fidel Castro took power in a 1959 revolution. Bencomo said remittances had shown no increase since Obama eased the embargo and in fact were below what they were this time last year. "The impact of that declaration still has not been felt," he said. While there were signs U.S. agencies were becoming more relaxed in their enforcement of the embargo, Bencomo said it appeared Obama's message of change had not been fully transmitted to the U.S. bureaucracy. But, he said, Cuba is beginning to see an increase of U.S. business people coming to the island anticipating that soon they may be able to sell their wares freely. My daughter Yaina aka ". Chucky la Nina Diabolica "
	Post IP: 66.98.33.5*

#2 - Posted 22 May 2009, 7:53 AM
FredCDobbs Location: Dominican Republic, Parque Colon statue of Anacaona Join date: April 2009 Member #: 2573 Posts: 3334	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Ideology seen crimping Cuban liberalization moves Fidel has slapped Raul for impetuous statements and Raul has now been humiliated in public by his big brother * Reuters, Thursday May 21 2009 * Cubans' buying power below that of regional counterparts * U.S.-based analysts recommend liberalization moves * But see prevailing ideology as major brake on reforms By Pascal Fletcher MIAMI, May 21 (Reuters) - The purchasing power of Cuban workers badly lags that of counterparts in Honduras, Costa Rica and the Dominican Republic, but economic reform moves are curtailed by the Cuban leadership's communist ideology, U.S.-based analysts said on Thursday. The experts from the University of Miami's Institute for Cuban and Cuban-American Studies blamed Cuba's dual monetary system, inflated prices and economic inefficiencies, especially in food output, for hurting Cubans' buying power. "Despite being able to count on a wide network of social protection and free services, such as education and health, Cuban households and workers must dedicate more hours and days of work to acquire or buy basic food items than their counterparts in Costa Rica, Honduras and the Dominican Republic," an Institute study said. Cuba's Communist Party government rejects such comparisons as failing to reflect its citizens' social benefits such as free health and education services, cheap subsidized transport and basic foods from state-run grocery stores. It blames shortages of food and other necessities on a 47-year-old U.S. trade embargo against the island, although Cuban President Raul Castro has launched wage and agricultural reforms in a bid to boost productivity. The study, which cited official Cuban figures as well as price and income data obtained during a November visit to Cuba, estimated that an average Cuban worker must work 57.5 hours (7.2 days) to buy a 400-gram box of powdered milk. To make the same purchase, a Dominican Republic worker would labor 11.4 hours and a Honduran 5.4 hours. A Costa Rican worker would have to work only 1.7 hours, said the study by Mario Gonzalez-Corzo and Susel Perez. Aggravating the situation: Most Cuban workers were paid in the regular Cuban peso, while many items have to be paid for in Cuban convertible pesos at state-run hard-currency stores. Only a liberalization of Cuba's state-controlled economy would create the economic incentives needed to boost productivity and Cubans' purchasing power, the analysts said. "Opening up the rural areas, permitting private enterprise, permitting more 'cuentapropistas' (self-employed private workers), there's a number of economic steps that they can do," the Institute's Jaime Suchlicki told Reuters. "IDEOLOGICAL BATTLE" The analysts said Raul Castro, who took over as Cuban president last year from Fidel, his ailing older brother, has taken some steps to help revive the faltering economy and boost output by lifting wage caps and permitting vacant state land to be leased to anyone willing to work it. "There's a conflict between where the pragmatist needs are pushing decision makers to go, and where the political ideology permits them to go," Gonzalez-Corzo said. Last month, U.S. President Barack Obama eased curbs on Cuban-American travel and remittances to Cuba. But Obama made it clear he expects Cuba to release detained dissidents. Raul and Fidel Castro said Cuba did not feel it had to make concessions. They demanded an end to the U.S. embargo My daughter Yaina aka ". Chucky la Nina Diabolica "
	Post IP: 66.98.33.5*

#4 - Posted 22 May 2009, 4:20 PM
Belly Location: United States, Seattle, W.A. Join date: April 2009 Member #: 2555 Posts: 3423	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: cabaretewilliam previously said: The prison camp is going broke - what a surprise - while the Castro family owns half of the island...typical commies- and we have them in Washington now... I guess this is what happens when daddy (Soviet Union) goes broke and you have to make it on your own for the last 20 yrs. I wonder where are all those Castros's lovers and communist defenders. "People who don't like their beliefs being laughed at shouldn't have such funny beliefs"
	Post IP: 75.53.155.12*

#5 - Posted 22 May 2009, 5:21 PM
Glimmertwin Location: United States Join date: January 2009 Member #: 1932 Posts: 1271	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Cuba isnt the first and wont be the last Latin American country to have economic woes...... Even the mighty USA has had its fiscal pinches. What gets me is that some of you seem to enjoy the trouble Cuba goes through as if that is translated to the Cstro family directly..... Its oour own taino brothers that will have to survive the hardships!! Hardly a reason to laugh at!! Tnhe Castro regime, whether TExas and goulet like it or not, have done more for their poor folk than any other Latin American leader !! And Yes Tex, there are many of us that will continue to re-state teh good that that dictator and son of the devil has done to not ony his country but fellow Latin American countries. And this I do almost feeling obligated bcs the bad that they do you guys magnify exponentially.
	Post IP: 74.164.16.25*

#7 - Posted 22 May 2009, 6:21 PM
Belly Location: United States, Seattle, W.A. Join date: April 2009 Member #: 2555 Posts: 3423	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: Glimmertwin previously said: Cuba isnt the first and wont be the last Latin American country to have economic woes...... Even the mighty USA has had its fiscal pinches. What gets me is that some of you seem to enjoy the trouble Cuba goes through as if that is translated to the Cstro family directly..... Its oour own taino brothers that will have to survive the hardships!! Hardly a reason to laugh at!! Tnhe Castro regime, whether TExas and goulet like it or not, have done more for their poor folk than any other Latin American leader !! And Yes Tex, there are many of us that will continue to re-state teh good that that dictator and son of the devil has done to not ony his country but fellow Latin American countries. And this I do almost feeling obligated bcs the bad that they do you guys magnify exponentially. First off if I would have enjoy seeing Cubans suffer like you are implicating then i would have been talking like you supporting the Castros and their rape to a whole country.There is the world as you want to see it and there is the real that you can't see. Can you please give me just 1 name of a millionaire Cuban that lives in Cuba that is not related to the Castros family. Edited on 5/22/2009 6:22 PM by Belly. "People who don't like their beliefs being laughed at shouldn't have such funny beliefs"
	Post IP: 75.53.155.12*

#6 - Posted 22 May 2009, 6:10 PM
cabaretewilliam Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 6778	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: Glimmertwin previously said: Cuba isnt the first and wont be the last Latin American country to have economic woes...... Even the mighty USA has had its fiscal pinches. What gets me is that some of you seem to enjoy the trouble Cuba goes through as if that is translated to the Cstro family directly..... Its oour own taino brothers that will have to survive the hardships!! Hardly a reason to laugh at!! Tnhe Castro regime, whether TExas and goulet like it or not, have done more for their poor folk than any other Latin American leader !! And Yes Tex, there are many of us that will continue to re-state teh good that that dictator and son of the devil has done to not ony his country but fellow Latin American countries. And this I do almost feeling obligated bcs the bad that they do you guys magnify exponentially. Tnhe Castro regime, whether TExas and goulet like it or not, have done more for their poor folk than any other Latin American leader !! What - you believe that insanity - the Casto's have raped Cuba and her people and are billionaries - th eonly ones in the whole country - they deserve to be shot and their wealth returned to the people they stole it from! Wrongdoers eagerly listen to gossip; liars pay close attention to slander. Proverbs 17:4
	Post IP: 201.229.183.19*

#8 - Posted 22 May 2009, 6:59 PM
Glimmertwin Location: United States Join date: January 2009 Member #: 1932 Posts: 1271	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: Belly previously said: First off if I would have enjoy seeing Cubans suffer like you are implicating then i would have been talking like you supporting the Castros and their rape to a whole country.There is the world as you want to see it and there is the real that you can't see. Can you please give me just 1 name of a millionaire Cuban that lives in Cuba that is not related to the Castros family. Belly: dont let this suit fool ya!!! I cant name you a Millionaire that lives in Cuba, but I also cant name you a Homeless!! For crying out loud guys, be open to accept that THE REVOLUTION, whether Belly likes it or not, DOES HAVE SOEM ACHIEVEMENTS!!! DOBLE CONTRALE !! RECORCHOLIS !! CHISPAS !! CARACOLES !! LIVE IT , LEARN IT , LOVE IT !!
	Post IP: 74.164.16.25*

#9 - Posted 22 May 2009, 11:46 PM
chillaxin201 Location: Dominican Republic, Boycott Dominican Tourism Join date: May 2008 Member #: 731 Posts: 2057	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Quote: Glimmertwin previously said: Quote: Belly previously said: First off if I would have enjoy seeing Cubans suffer like you are implicating then i would have been talking like you supporting the Castros and their rape to a whole country.There is the world as you want to see it and there is the real that you can't see. Can you please give me just 1 name of a millionaire Cuban that lives in Cuba that is not related to the Castros family. Belly: dont let this suit fool ya!!! I cant name you a Millionaire that lives in Cuba, but I also cant name you a Homeless!! For crying out loud guys, be open to accept that THE REVOLUTION, whether Belly likes it or not, DOES HAVE SOEM ACHIEVEMENTS!!! DOBLE CONTRALE !! RECORCHOLIS !! CHISPAS !! CARACOLES !! LIVE IT , LEARN IT , LOVE IT !! These people have been waiting for the fall of Castro regime since Fidel and Raul came to power, Cuba is not perfect but neither is DR nor the United States. I just came home and finished talking to a Cuban that lived in Cuba “unlike Freddy or Tex” he said you won’t find a Cuban child begging on the streets. The majority of the stuff you read and hear about Cuba is a lie. If we can get something street, Cuba is better off then several Caribbean countries. No one can deny that Cuba is better off the Haiti. The riches of the Castro family, What riches? The man risk his life for his country and his people. What has he done in his life to show that he was rich? He never owned a Farrari, has he flown around the world spending millions on nice clothing and other things? What has he done to show people that he and hi family is rich? And DR? Well, it brings sadness to my heart to know what really goes on there. Caamaño Vive, Patria O muerte Dios Patria Libertad ,
	Post IP: 173.52.81.3*

#10 - Posted 22 May 2009, 11:58 PM
chillaxin201 Location: Dominican Republic, Boycott Dominican Tourism Join date: May 2008 Member #: 731 Posts: 2057	RE: CUBAN WELCHERS UNABLE TO PAY THEIR BILLS --WHO NEEDS TO TRADE WITH COUNTRIES THAT WONT PAY Freddy and Tex, I would like to ask you something? You’re so passionate about the end of the Cuban regime. You cry about all the so called wrong things that the Castro regime has or is doing. Where were you when Pinochet was killing innocent people? Where were you when Balaguer was killing Dominican students for protesting? I can go on I can go on for days, I know for a fact none of you where in the bay of pigs. Nor none of your coward family members, unfortunately the ignorance and propaganda you represent rules supreme.
	Post IP: 173.52.81.3*

May 24, 2012, Updated 6:47 AM
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