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United States Foreign Investments Cuba

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September 21, 1989
Cuba issued a decree that bars citizens working for foreign firms from receiving any part of their pay in U.S. dollars. According to the decree, Cubans may only be paid in pesos, the national currency, which is not convertible into hard currency on the world money market. The measure follows a crackdown on the amount of hard currency that can be brought into the country by exiles visiting their families.
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NEWS
January 23, 1992 | MIKE CLARY, SPECIAL TO THE TIMES
In Cuba, things have never been worse. Supplies of gasoline are short, food lines are long and discontent is reported to be deep and widespread. In Miami, the hopes of many have never been higher. "If Cuba opens tomorrow, it would be a major, major market," says Carlos Alamilla, a food exporter who predicts he will be unloading Lipton soups and Kraft cheese on the docks in Havana within a year.
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NEWS
January 23, 1992 | MIKE CLARY, SPECIAL TO THE TIMES
In Cuba, things have never been worse. Supplies of gasoline are short, food lines are long and discontent is reported to be deep and widespread. In Miami, the hopes of many have never been higher. "If Cuba opens tomorrow, it would be a major, major market," says Carlos Alamilla, a food exporter who predicts he will be unloading Lipton soups and Kraft cheese on the docks in Havana within a year.
NEWS
September 21, 1989
Cuba issued a decree that bars citizens working for foreign firms from receiving any part of their pay in U.S. dollars. According to the decree, Cubans may only be paid in pesos, the national currency, which is not convertible into hard currency on the world money market. The measure follows a crackdown on the amount of hard currency that can be brought into the country by exiles visiting their families.
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