12 April 2010

CUBA: Privatizing The Isla's Barbershops And Salons.

REUTERS EXCLUSIVE/   For the first time since they were nationalized 1968, the government is turning over hundreds of state-run barber shops and beauty salons to employees. In what some believe is Raul Castro's first real efforts to modernize the economy, barbers and others will rent workspace and pay taxes instead of receiving a monthly wage. Cuba and North Korea are the only remaining economies where the state controls more than 90 percent of economic activity.