Rubio blames military group GAESA for Cuban economy
U.S. Secretary of State Marco Rubio blames military group GAESA for Cuba's economic crisis. Cuba denies the claims and points to the impact of U.S. sanctions.
Xurve View
Xurve View
United States Secretary of State Marco Rubio accused military conglomerate GAESA of controlling 70% of the economy in Cuba. Rubio claimed the group generates revenues three times larger than the official Cuban state budget. For investors, GAESA's dominance and subsequent U.S. sanctions effectively block foreign capital from the island's most profitable sectors.
