💨 Abstract
Cuba has recently opened its first grocery store accepting US currency in nearly two decades, marking a trend towards dollarization in the Communist-run country. This is part of an effort to fix the economy, which has been affected by a US trade embargo and related sanctions. The store, located near a popular diplomatic neighborhood, offers goods and services such as gasoline, rental cars, and hotel rooms to those with access to dollars.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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