Sunday, December 12, 2010

Cuba goin' for 'broke'

Cuba goin' for 'broke'
Last Updated: 6:50 AM, December 11, 2010

Cuba is on the brink of bankruptcy, according to secret US cables
released yesterday by WikiLeaks.
Diplomats from Havana's leading creditors and trading partners reviewed
the island's collapsing economy last February and agreed that "the
financial situation could become fatal within 2-3 years," one cable said.
Italian diplomats cited sources within the Cuban government as
predicting that the island "would become insolvent as early as 2011.""

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