Does the U.S. Really Care About the Cuban People? A Visit to a Havana Campus
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- Опубліковано 30 кві 2024
- What do Cubans really think about the economic situation in their country, the recent protests, and the statements of US officials that they “stand with the Cuban people”?
BT’s Luis De Jesus Reyes visited a Havana university to hear the opinions of professors and students.
![Surviving the Siege: Cuba and the U.S. Blockade [Dispatch from Havana]](http://i.ytimg.com/vi/CgUe6Yl3nck/mqdefault.jpg)
![Surviving the Siege: Cuba and the U.S. Blockade [Dispatch from Havana]](/img/tr.png)
Viva Cuba!!!
#LetCubaLive 🇨🇺 ‼️ Free Haiti 🇭🇹 Free Sudan 🇸🇩 Free Congo 🇨🇩 Free Palestine 🇵🇸
Go cuba. Don't give up before imperialism. Keep strong with the Cuban revolution
😂😂😂😂😂😂😂
@@patriayvida6850 patria o muerte🇨🇺🇵🇸🕊️♥️
The US doesn’t care about anybody in the whole world , said this little boy.
TOTAL BULLSH*T STATEMENT. THE US DONATES MORE MONEY AND AID TO NEEDY COUNTRIES THAT ANY OTHER COUNTRY IN THE WORLD...BY FAR....BY WAY WAY FAR.....
WRONG - US DONATES MORE MONEY THAT ANY COUNTRY IN THE HISTORY OF THE WORLD
#BDStheUSA!
Cuba has to be let in BRICS
Of course! Cuba has to be let in BRICS
CUBA NEEDS TO BECOME DEMOCRATIC....BRICS IS A DISASTER
@@BruleWanderer Overwhelming success is disaster?
CONCLUSION
As the August 2023 BRICS summit made clear, efforts to increase the use of local currencies are hardly limited to China. India’s central bank is seriously working to advance the rupee’s use in cross-border trade and finance, and the UAE’s central bank is taking steps to increase cross-border dirham usage. At the same time, BRICS currencies face significant limitations to greater cross-border use, particularly between third countries. There are still major concerns over rupee convertibility and volatility, which appear to be preventing its use in trade with Russia. In Brazil and South Africa, currency volatility and the relatively small size of these countries’ economies and financial systems detract from their currencies’ ability to grow globally as payment mediums and stores of value.138 The ruble’s attractiveness in these regards is hampered by U.S. and European economic sanctions against Russia’s financial system. Overall, exchanging BRICS’ currencies with other emerging market currencies can often be costlier relative to the dollar and can involve settlement risk due to the lack of financial infrastructure that mitigates such risk. As for recent BRICS invitees, their economies are heavily sanctioned, are on the verge of currency crises, or have dollar-pegged currencies.
Against this backdrop, the renminbi is by far the most commonly used BRICS currency, and a variety of policy efforts in 2023 involving BRICS countries and recent BRICS invitees profiled earlier in this paper signal Beijing’s aim to further grow the currency’s global use. Nevertheless, the amount of renminbi available outside of China remains quite limited relative to the dollar,139 and the currency’s cross-border usage in payments is greatly eclipsed by the dollar’s role (and it could be negatively affected by a weakening Chinese economy). Also, it remains to be seen the extent to which Chinese policies restricting renminbi convertibility will limit the currency’s growing use in cross-border trade and finance. Some at India’s central bank and some prominent Chinese state-owned bank officials do not view these restrictions as a major impediment to meaningful growth in overseas renminbi use in cross-border payments, because of tools like central bank bilateral swap lines.140 Yet some economists note that for the renminbi’s global use to grow significantly without a major loosening of restrictions on convertibility, then renminbi held outside of China must be easily exchangeable into dollars and the Chinese financial system must maintain access to sizable dollar reserves.141 (As explained earlier, China’s dollar foreign exchange reserves remain substantial, and the vast majority of renminbi trading takes place against the dollar.)
Geopolitical tensions could also ultimately limit the renminbi’s uptake. The CCP’s October 2023 Central Financial Work Conference signaled that China’s leaders seek for the country to become a global “financial power,” with Chinese authorities having more political influence over China’s financial institutions as well as global financial system rules.142 Already, the CCP can exert significant influence over the state-owned banks that control most offshore renminbi clearing centers and upon which growing renminbi cross-border financial infrastructure relies.143 The Chinese government is also developing sophisticated economic statecraft tools,144 which could ultimately be quite impactful against those who rely upon Chinese state-owned banks to intermediate transactions or hold renminbi assets. In countries where significant geopolitical tensions exist with China, policymakers may be reluctant to embrace the renminbi’s growing usage for fear of renminbi assets being frozen and renminbi payments channels being shut off (or surveilled) as tensions rise. Indian policymakers’ recent concerns over Indian companies’ renminbi payments in trade with Russia could perhaps be driven by such concerns.
Another area of uncertainty that will influence the growth in global use of BRICS currencies-particularly the renminbi-is how Washington responds to the range of policy initiatives aimed at expanding the use of non-dollar financial channels. Some of these channels are increasingly being used to facilitate transactions with regimes and entities heavily sanctioned by the U.S. government, as evidenced by a 2023 remark by the head of Iran’s central bank that “the financial channel between Iran and the world is being restored.”145 Complicating any U.S. policy responses is the reality that strategic partners like India are involved in efforts to build out and use such channels. Also, it seems unlikely that U.S. President Joe Biden’s administration will take actions that meaningfully target Chinese institutions’ ability to facilitate renminbi trade payments to and from Russia; without the ability to pay Russian firms in dollars, many U.S. strategic partners appear to be using these channels.
It also remains to be seen whether U.S. policymakers will put in place meaningful U.S. policy efforts to address the severe dollar shortages facing many emerging markets, outside of actions taken through the IMF and multilateral development banks. In addition to BRICS invitees Argentina, Egypt, and Ethiopia, significant dollar shortages are facing a wide range of African, South Asian, and South American emerging markets.146 As explained in this paper, in certain emerging markets, interest in and use of the renminbi seems to be occurring as a direct response to dollar shortages.
These dynamics all help illustrate why, as Washington considers how to respond to the renminbi’s growing global use, it is important to not only focus on the build-out of new financial market infrastructure for the renminbi, such as digital currencies and CIPS, but also focus on why economies outside of China may under certain conditions find the renminbi (or eventually the rupee) an attractive alternative dollar. In the months and years ahead, it will be critically important for Washington to engage with policymakers in emerging markets around the world that are considering efforts aimed at increasing the use of non-dollar currencies and articulate a clear strategy for how the United States’ government and private sector can and should respond to the dynamics motivating such efforts.
@@BruleWanderer You're quoting a Carnegie think tank. We're drowning in anti-China stories while fighting an information war and economic war on China, and gearing up for a military war. 🤷♂Like the stories about how China's economy is always on the edge of collapse, but they keep outperforming us year on year and the catastrophe never comes. And in the mean time China lifts 800 million people out of poverty and create the technological future. US is the least reliable source for China.
Personally, I'd rather my country were trading with BRICS+ rather than being locked into fealty for a dying empire
US please get your hands off Cuba
#LetCubaLive
Stay strong Cuba, the US empire is on its last legs
El bloqueoooooo
Did we even need a video making this question? Got 2 letters for you "N" & "O"
Does America really care about American people? When a nation fails to care about its own people, you can guarantee it won’t care for anyone else.
No.
I don’t think so.
اخي باقي رحمه وشفقه اختك في حال ميعلم به الا الله وًّالَلَهَ الَعَظَيَمَ مَا كتَبَتَ هَذا الَمَنَاشَدَهَ غَيَرَ مَنَ الَضَيَقَ وّالَفَقَر يَاعَالَمَ حَسَوّا فَيَنَا ارَجَوّكمَ وّالَلَهَ الَعَظَيَمَ رَبَ الَعَرَشَ الَعَظَيَمَ انَه الَاكلَ مَا فَيَ عَنَدَيَ بَالَبَيَتَ وًّالَلَهَ يَا اخَوّانَيَ انَهَ اخَوًّنَيَ بَقَعَدَوًّ بَالَيَوًّمَيَنَ مَافَى اكلَ وًّالَلَهَ وًّضَعَنَا كثَيَرَ صَعَبَ نَحَنَ ٦ نَفَرَ دَاخَلَ الَبَيَتَ وًّابَيَ مَتَوًّفَيَ وًّلَا يَوًّجَدَ مَنَ يَعَوًّلَ عَلَيَنَا وًّسَاكنَيَنَ فَيَ بَيَتَ اجَارَ لَانَسَتَطَيَعَ دَفَعَ الَاجَارَ الَلَيَ بَاقَيَ عَلَيَنَا انَيَ دخلة على الله ثمَّ عليكِ اني في وجه الله ثم في وجهك اني اترجاك اتوسل اليك تساعدني لوجه الله. الله يَأْخي منَ الصَبَاحُ حُتا الان يَحُرّم علينا الاكل غير الماء اني اقسم بالله العلي العظيم على كتاب الله اني بنت يتيمه من ومعي اخوان صغار اقسم بالله على كتاب الله ان اخوتي ماعاد يقدرو ينطقو بكلمة من شدت الجوع وبيتنا ايجار وصاحب البيت مقدر ضروفنا يريد الإجار او بيخرجنا إلى الشارع و اني اسالك بالله وانشدك بمحمد رسول الله يا اخي لوانت مسلم وتحب الخير انك تساعدني بقدر استطاعتك هذارقمنا لمن اراد فعل الخير00967.717354582 وايعوضك الله بكل خير فيااخي انت رجال إذا شفت اسرتك جاوعين تعمل المستحيل من اجل تامن لهم الاكل ولكن انابنت عيني بصيره ويدي قصيره ليس لي اب مثلك يسمح دمعتى ويحمينى من الذل والاهانة واخواني سغار ساعدنا انقذنا قبل أن يطردونا في الشارع نتبهدل او نموت من الجوع انا اقسم بالله الذي رفع سبع سموات بلا عمد وبسط الارض ومهداني لااكذب عليك بحرف من هذا الرساله واني ماطلبتك إلى من ضيق وقسوت الضروف والحال الذي احنافيه واني وأسرتي نسالك بالله لولك مقدره الامساعدتناانك ترسلي واتساب هذا رقمي 00967.717354582 وتطلب اسمي الكامل في البطاقه وتحولنا عليه ولتاخر علينا احنا في اشد الحاجة والضروف القاسيه جزاك الله خير الجزا..،.،.،.،;":'%''%&":';":💔:&&♡@.....❤🎉❤🎉❤🎉❤❤
They have open eyes and minds. They will rise up again , hasta la Victoria siempre.
Does Cuba care about the US economy?
You know I don't understand for some who also say it should be about money only when it's Others who are going to make it 🤔❤️🇨🇺🦾😇
The title of the video is obviously a joke.
I don't understand, just like in Venezuela. Why is food expensive? Just grow them locally. Eat local food, use organic farming, preserve with pickling/ fermentation. Don't fall into USA propaganda.
A better question is, does the Cuban government care about the Cuban economy?
Why crying ?
No!
I do We can multitask like Multi Task ❤️🇨🇺🦾😇👋