Geopolitical Economy Report β’ 637 implied HN points β’ 07 Nov 23
- The United States' embargo against Cuba is opposed by 97% of countries at the United Nations, with only Israel in support and Ukraine abstaining.
- The US has maintained a blockade against Cuba for over 60 years, with the goal of causing 'hunger, desperation, and overthrow of government'. This embargo costs Cuba an estimated $159 billion, roughly 150% of its GDP.
- Cuba suffers immense economic losses due to the US blockade, with $4.87 billion lost in just a year. The embargo directly harms the Cuban people and is considered a violation of human rights and an act of genocide by Cuba.