Castro Says Comment On Cuban Economy Misunderstood

HAVANA (Reuters) - Fidel Castro said on Friday his recent comment that communist-led Cuba's economic model does not work was badly understood and that what he really meant was that capitalism does not work.

Sections:  world   
Topics:  capitalism   cuba   cuban economy   economy   fidel castro   global economy   
  • US home sales rebound slightly in FebruaryUS home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tourObama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn'tUS home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • VII Congress of the Communist Party Roars Against US Influence - Huffington Post
    Despite US overtures, not much has changed in Cuba - The Hill
    04/28/2016 - 2:23 pm | View Link
  • UPDATE 3-Cuba lifts sea ban for citizens, clears way for historic ... - Reuters UK
    Cuba gives green light to US cruises - BBC
    04/22/2016 - 12:28 pm | View Link
  • Fidel Castro makes rare comment on his longevity -
    Elderly Castro holds onto Cuba's top job - Reuters India
    04/19/2016 - 2:22 pm | View Link
  • More
  • Cuban Academic Fired for Unauthorized Information Leaks; Fidel Castro Thinks His Time Has Come
    Like Us on Facebook According to an article in the US News, the Associated Press reached Perez for comment and the economy ... funds to analyze South Korean economy. According to Perez himself, he believes that the Cuban authorities do not like his ...
    04/26/2016 - 12:19 am | View Link
  • Cuba's Fidel Castro acknowledges his age in rare speech
    Raul Castro earlier in the convention defended the slow pace of change to the island's economy, which has only cautiously and gradually opened up to some private entrepreneurship and foreign investment. Members of the Cuban-American community, Cuban ...
    04/21/2016 - 10:12 am | View Link
  • Fidel Castro gives his 'last' party address
    In a rare appearance and speech, the 89-year-old father of the Cuban revolution Fidel Castro talked of his ... Castro has called for sweeping changes in the management of Cuba's economy and wants top leaders to retire at 70. S. supported ...
    04/21/2016 - 4:19 am | View Link
  • Cuban President Raul Castro calls for handing over power to younger generation
    The gathering reelected his brother Raul to a new five-year mandate at the head of the party, according to Cuban media. The Congress ... the creaking inefficiency of its state-controlled economy on Monday but tarred its vibrant private sector as a ...
    04/21/2016 - 1:40 am | View Link
  • Fidel Castro makes rare comment on his longevity
    But the Congress made clear that Cuban officials will stay true to Fidel Castro's vision of a government that exercises tight control over the island's political system and economy. "This may be among the last times I address this room," Fidel Castro told ...
    04/19/2016 - 7:56 pm | View Link
  • More
  • Cuba-Canada Relations
    Jacob Serebrin. Special to The Globe and Mail, Monday, Feb. 01, 2016 5:00AM EST. Few countries are as technologically isolated as Cuba. Home Internet is rare, data ...
    05/1/2016 - 9:00 pm | View Website
  • The Cuban Economy
    This Blog on The Cuban Economy is dedicated to Cuba's Generation "A". Although inspired by Yoani Sánchez' blog "Generation Y" this is not dedicated to those with ...
    05/1/2016 - 12:03 pm | View Website
  • Fidel Castro | political leader of Cuba |
    Fidel Castro, in full Fidel Alejandro Castro Ruz (born August 13, 1926, near Birán, Cuba) political leader of Cuba (1959–2008) who transformed his country into the ...
    05/1/2016 - 8:43 am | View Website
  • History of Cuban-American Relations
    In late 2004, Castro rescinds the use of the American dollar in Cuba for future transactions, citing increased restrictions made by the Bush administration to limit ...
    05/1/2016 - 1:26 am | View Website
  • Fidel Castro criticized Obama's 'sweetened words' to Cuban ...
    Former Cuban president Fidel Castro publicly criticized President Barack Obama’s recent Cuban trip in a letter published Monday, his first official response to ...
    03/28/2016 - 1:12 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News