In reversal, Cuba shuts down clothing businesses
In Cuba, the government is about to shut down as many as 20,ooo businesses that sell clothing. The businesses hold licenses to do tailoring and dressmaking — not retail — and compete with the Cuban government’s official retail operations. This marks a reversal of sorts for the communist government’s campaign to let small enterprise flourish. The BBC’s Sarah Rainsford in Havana tells Marketplace Morning Report why.
Stories You Might Like
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
