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Event Brief

Cuba Opens Doors to Dollar Transactions Amid Economic Crisis

Cuba allows dollar transactions to stabilize its economy affected by sanctions and mismanagement.
WHO: Cuban government
WHAT: Allowing transactions in dollars and foreign currencies
WHEN: Dec 10, 2025 at 7:00 PM ET
WHERE: Cuba
WHY: To stabilize an economy crushed by US sanctions and mismanagement
Sources (1): Bloomberg

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