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Weekly Report - 20 August 2020 (WR-20-33)

CUBA: Feeling the pinch

The US government’s suspension last week of private charter flights to all airports in Cuba, including Havana, is just the latest blow for the Cuban administration led by President Miguel Díaz-Canel which is facing a triple crisis posed by the coronavirus (Covid-19) pandemic and its impact on the island’s crucial tourism sector, US sanctions, and the ongoing economic collapse of its key ally Venezuela. Indicative of these pressures, which are expected to shrink Cuba’s GDP by at least 8% this year on the latest forecast by the Economic Commission for Latin America and the Caribbean (Eclac), the Díaz-Canel government unveiled new measures which signal a further change in state policy.

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