10 December 2010

CUBA: Wikileaks Cable Predicts "Insolvent" Economy Ahead; Ladies In White Scuffle During Protest.

GUARDIAN/
   Wikileaks has revealed a U.S. cable sent on 9 Feb. that speculated Cuba's economy `could become fatal'' within two to three years and it risked being ``insolvent'' as early as 2011.
    That was, of course, before Raúl Castro's announced reforms cutting 500,000 public employees. It also predicted the military's growth.
    `The cable reported that "Even China admitted to having problems getting paid on time and complained about Cuban requests to extend credit terms from one to four years. France and Canada responded with `welcome to the club."

   ON Thursday, about five dozen supporters of the Ladies in White marched. They were followed by a crowd that shouted out insults including "worms" and "traitors," declaring their support for the Revolution along with some minor pushing and shoving but no injuries.

READ MORE: http://miamiherald.typepad.com/cuban_colada/2010/12/top-news-in-other-news-the-cuban-government-was-in-risk-of-becoming-insolvent-as-early-as-2011-according-to-a-wikileak.html#ixzz17jGW5GDX