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CUBA on Brink of Collapse - Blackouts, Food & Fuel Shortages & Vulture Fund Suing for 1980's Debt
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CUBA is running out of Cash & Fuel and is once again suffering from serious BLACKOUTS on a daily basis. The economic situation continues to get worse and it is now being SUED by a VULTURE FUND over Debt that was issued in the 1980's. Cuba is a NET IMPORTER and the largest categories of goods that it imports are OIL, WHEAT, CORN, RICE and POULTRY. Cuba has a NEGATIVE BALANCE OF TRADE and does not have the Currency to continue with these purchases. Cuba is NOT A MEMBER OF IMF or WORLD BANK and therefore does not have any option for a BAILOUT. There are now SHORTAGES of FOOD, OIL & BLACKOUTS. The situation is now EXTREMELY SERIOUS for CUBA.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
1:43 CUBA
5:37 CUBAN DEBT
8:15 PARIS CLUB
9:16 LONDON CLUB
10:35 VULTURE FUND
12:25 LEGAL CASE
13:56 CUBAN DEFENSE
15:07 LEGAL CONSEQUENCES
16:33 SUMMARY & CONCLUSION
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