The Trump administration’s military strike in January against Cuba’s former ally Venezuela cut off a crucial supply of oil to the island. It was soon followed by a US-ordered oil blockade on the island,

Observers are calling Cuba’s new free-market reforms the most sweeping economic overhaul on the island’s communist economy since the Cuban revolution while the grandson of former President Raúl Castro says in an interview that Cuba must seek to move its economy forward.

The Cuban Communist Party approved a package of reforms aimed at opening up more sectors to private investment as the US continues to pressure the island.

Cuba's parliament approved a package of 174 economic reforms in just one week, marking the most significant shift in government policy in 15 years.

Speaking at the iconic Versailles Restaurant in Little Havana, Congresswoman Maria Elvira Salazar dismissed the reforms as a last-ditch effort by Cuba's​ communist leadership to attract international financial support amid growing economic pressures.

The U.S. government has slapped additional sanctions on Cuban companies that are expected to spook foreign investors and deepen a severe economic crisis. U.S.

Talks between Cuba and the U.S. are at a standstill, despite the island recently approving a series of free-market reforms, Cuban Foreign Minister Bruno Rodríguez announced Tuesday. He noted that the newly unveiled reforms were neither mentioned nor discussed in earlier talks between the two nations.

Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.

Cuba’s powerful Communist Party on Thursday approved an emergency economic package featuring unprecedented free-market measures aimed at opening up the struggling island’s economy as pressure from the U.

Cuba is heading toward an irreversible demographic contraction and could end the century with just 5.6 million residents, a U.N. report says.

Miguel Díaz-Canel cites China and Vietnam as possible models for opening up the country’s economy

The lives of ordinary Cubans have ground to a halt under an economic and humanitarian crisis that has developed over years and been aggravated by US President Donald Trump's harsh restrictions, experts say.