Hotels, Banks, Ports... Meet GAESA, Cuba's Secret Military Empire Hiding $2.1BN Profits | VERTEX

Описание: Cuba’s economy is increasingly dominated by Gaesa, a secretive military-linked conglomerate believed to control up to 40 percent of the country’s GDP through hotels, banks, supermarkets, ports, and dollar-transfer systems. The company now sits at the centre of tensions between Havana and Washington after the Trump administration imposed new sanctions targeting Gaesa and its leadership. US Secretary of State Marco Rubio accused the conglomerate of enriching regime insiders while ordinary Cubans face blackouts and economic hardship. Analysts say Gaesa’s political and financial influence is so vast that meaningful economic reform in Cuba may be impossible without dismantling the military-controlled empire.

#cuba #havana #sanctions #military #economy #tourismeconomy #blackouts #communism #marcorubio #economiccrisissl #tourismindustry
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