Summary: Cuba Does Away With Dollars
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BUCK STOPS HERE: Cuba announces that dollars will no longer be accepted in stores and businesses, saying it is trying to regain control of its economy as Washington cracks down on the flow of the U.S. currency to Cuba. A convertible peso will be put in circulation.
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The U.S. dollar is now worth less than it at any time since Richard M. Nixon cut the dollarâs ties to gold in 1971.
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Members of the 'Havana Night Club' severed national ties to Cuba for a new beginning.
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A day after moving to nullify the Bush administration's new rules restricting family travel to Cuba, the House on Wednesday voted to remove barriers to agriculture sales and student exchanges in the island nation.
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The United States remained Cuba's main supplier of food and farm products in 2007, selling the communist-run island more than $600 million in agricultural exports despite its trade embargo, a top official said Monday.
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A weak U.S. dollar is expected to affect profitability.
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It wasn't the Bay of Pigs invasion or the U.S. embargo against Cuba that turned Fidel Castro against the United States. He was in the anti-American camp long beforehand.
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The Cuban Convertible Peso, CUC, or âchavitosâ as they are called locally became effective this Monday substituting the widely circulated US dollar, with the Central Bank stating that control over the nation&#39;s money circulation underlines sovereignty
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Havana, Dec 26 (Prensa Latina) An oil field discovery, the promising evolution of the nickel industry and benefits from strengthening ties with China and Venezuela, are among the good news given by President Fidel Castro to the Cuban people.
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HAVANA - Cuba ended circulation of the dollar on Monday to reduce its vulnerability to US sanctions, and shops, restaurants, gas stations, hotels and other businesses began accepting only Cuban convertible pesos.
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Cuba cut diplomatic ties with Panama on Thursday after its outgoing leader pardoned four Cuban exiles who plotted to kill President Fidel Castro in 2000.
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Cubans rushed to change dollars into  local pesos on Tuesday as President Fidel Castro's communist  government prepared to end circulation of the U.S. currency  after a decade.
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Cuba broke off diplomatic relations with Panama after Panama&#39;s President Mireya Moscoso pardoned four Cubans convicted over a plot to kill Cuban leader Fidel Castro, Agence France-Presse reported.
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Developing countries with substantial reserves in US dollars will lose wealth if the American currency depreciates further, but are unlikely to quickly offload their
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Cuba hailed on Wednesday a decision by the new United Nations human rights watchdog to drop the communist nation from a list of countries with poor rights records, calling it a major diplomatic victory over its longtime ideological foe the United States.
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Cuban leader Fidel Castro appeared on television Monday with an arm sling to give weight to an announcement on the ban of transactions in US dollars in his country.
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WHEREAS: In the last few months the US government has intensified its economic war on the people of Cuba by dictating new measures aimed at systematically hindering the external financial flows of our country, thus causing serious damage and creating