Cuba’s economic crisis is worse than after fall of the Soviet Union, economists warn

Cuba, which for decades was one of the largest exporters of sugar in the world, now has to import sugar to meet its domestic demand. Six decades after the Cuban Revolution, the country is again undergoing a severe economic crisis, this time worse than the infamous “Special Period” in the 1990s, as the economic downturn that followed the collapse of the Soviet Union is known. But Cuba is also experiencing a boom in private enterprise, a contrasting reality fueling more inequality, economists gathered in Miami to analyze the situation on the island said. “The economic crisis in Cuba that started...