NATO Powered by Trendolizer

RUSSIA - CUBA DEVALUES PESO by 500% & Needs a BAILOUT. RUSSIA or CHINA are its Best / Only options.

Trending story found on youtube.com


Please Support The Channel: YouTube Supe Thanks (click below) YouTube Membership (click below) https://www.patreon.com/joeblogsYT https://www.buymeacoffee.com/JoeBlogs CUBA has announced a 500% DEVALUATION of the Peso and has ABANDONED its fixed exchange rate of 24 Peso to 1 Dollar. This action will not solve the problems that Cuba is facing. The Country is a NET IMPORTER and the largest categories of goods that it imports are OIL, WHEAT, CORN, RICE and POULTRY. The WAR in Ukraine has caused the Global Price of all of these goods to RISE dramatically. Cuba has a NEGATIVE BALANCE OF TRADE and does not have the Currency...
[Source: youtube.com] [ Comments ] [See why this is trending]

Trend graph:

Comments