Castro Freezes Cuban Private Sector, Throws Future In Doubt

HAVANA (AP) — Two years after taking office, President Raul Castro widened the niche for private enterprise in Cuba's state-dominated economy. Capitalism came pouring in. Slowly at first, then gaining speed, spare rooms for rent became rental homes, which became boutique hotels. Backyard cafes became elegant restaurants and bustling nightclubs, backed with millions in capital from the prosperous Cuban diaspora in Miami, Latin America and Spain.

Topics:  havana ap     two   president raul castro   slowly   miami   latin america   spain   cuban   private   sector   economy   

 

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