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Cuban Pesos
The Cuban peso (in Spanish , ISO 4217 code: CUP) also known as , is the official currency of Cuba. The Cuban peso historically circulated at par with the Spanish-American silver dollar from the 16th to 19th centuries, and then at par with the U.S. dollar from 1881 to 1959. The Castro government then introduced the socialist planned economy and pegged the peso to the Soviet ruble. The Soviet Union's collapse in 1991 resulted in a Special Period of difficult economic adjustments for Cuba. From 1994 to 2020 the Cuban peso co-circulated with the Cuban convertible peso (ISO 4217 code "CUC"; colloquially pronounced "kook" in contrast to the CUP, often pronounced "koop"), which was convertible to and fixed against the U.S. dollar, and which was generally available to the public at a rate of US$1 = CUC 1 = CUP 25. State enterprises under the socialist planned economy, though, were entitled to exchange CUPs into CUCs and U.S. dollars at the official, subsidized rate of US$1 = CUC 1 = C ...
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Che Guevara
Ernesto Che Guevara (; 14 June 1928The date of birth recorded on [//upload.wikimedia.org/wikipedia/commons/7/78/Ernesto_Guevara_Acta_de_Nacimiento.jpg his birth certificate] was 14 June 1928, although one tertiary source, (Julia Constenla, quoted by Jon Lee Anderson), asserts that he was actually born on 14 May of that year. Constenla alleges that she was told by Che's mother, Celia de la Serna, that she was already pregnant when she and Ernesto Guevara Lynch were married and that the date on the birth certificate of their son was forged to make it appear that he was born a month later than the actual date to avoid scandal. (#refAnderson1997, Anderson 1997, pp. 3, 769.) – 9 October 1967) was an Argentine Marxist revolutionary. A major figure of the Cuban Revolution, his stylized visage has become a ubiquitous Counterculture of the 1960s, countercultural symbol of rebellion and global insignia in Che Guevara in popular culture, popular culture. As a young medical student, Gueva ...
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Coat Of Arms Of Cuba
The Cuban coat of arms is the official heraldic symbol of Cuba. It consists of a shield, in front of a fasces crowned by the Phrygian cap, all supported by an oak branch on one side and a laurel wreath on the other. The coat of arms was created by Miguel Teurbe Tolón in 1849 and was adopted on April 24, 1906. It is the only coat of arms of a currently socialist country that currently does not use any communist symbolism. Official description Cuban law describes the coat of arms as follows: ''The coat of arms is a symbol of the nation that is formed by two arches of equal circles, cut turning concavities to each other, as in an ogival shield. It's split at two thirds of its height, where a horizontal line divides it. It consists of three spaces or fields: the top represents a sea, on its sides, right and left, opposite to each other, two capes or points of land, between which, closing the strait they form, extending from left to right, a key with a thick stem, its ward down ...
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Aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity tow ...
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Jose Marti
Jose is the English transliteration Transliteration is a type of conversion of a text from one script to another that involves swapping letters (thus ''trans-'' + '' liter-'') in predictable ways, such as Greek → , Cyrillic → , Greek → the digraph , Armenian → or L ... of the Hebrew language, Hebrew and Aramaic language, Aramaic name ''Yose'', which is etymologically linked to ''Yosef'' or Joseph. The name was popular during the Mishnaic and Talmudic periods. *Jose ben Abin *Jose ben Akabya *Jose the Galilean *Jose ben Halafta *Jose ben Jochanan *Jose ben Joezer of Zeredah *Jose ben Saul Given name Male * Jose (actor), Indian actor * Jose C. Abriol (1918–2003), Filipino priest * Jose Advincula (born 1952), Filipino Catholic Archbishop * Jose Agerre (1889–1962), Spanish writer * Jose Vasquez Aguilar (1900–1980), Filipino educator * Jose Rene Almendras (born 1960), Filipino businessman * Jose T. Almonte (born 1931), Filipino military personnel * Jose Rob ...
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ABC (Cuba)
The ABC was a Cuban political organization founded in 1931 in opposition to the government of Gerardo Machado. It used a hierarchy of clandestine cells, in which each member would oversee a cell on the next level. The first cell was labeled A; the next tier B; then C, and so forth. The ABC gained prominence quickly through dissemination of propaganda and through acts of terrorism. The group accepted the invitation of US Ambassador Sumner Welles to participate in a new government, only to be forced out of power in less than a month, becoming again an opposition group during the One Hundred Days Government. Founding The ABC was founded in October 1931 by a group that had been meeting for a year in the office of Dr. Juan Andrés Lliteras. The most prominent member was Joaquín Martínez Saenz. Jorge Mañach and Francisco Ichaso were soon invited to join.Aguilar (1972), pp. 118–121. The group's membership was predominantly middle class, including students and professiona ...
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Cuba 1915 5 Pesos
Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbean Sea, Gulf of Mexico, and Atlantic Ocean meet. Cuba is located east of the Yucatán Peninsula (Mexico), south of both the American state of Florida and the Bahamas, west of Hispaniola ( Haiti/Dominican Republic), and north of both Jamaica and the Cayman Islands. Havana is the largest city and capital; other major cities include Santiago de Cuba and Camagüey. The official area of the Republic of Cuba is (without the territorial waters) but a total of 350,730 km² (135,418 sq mi) including the exclusive economic zone. Cuba is the second-most populous country in the Caribbean after Haiti, with over 11 million inhabitants. The territory that is now Cuba was inhabited by the Ciboney people from the 4th millennium BC with the Guanaha ...
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Covid-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets ...
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Arbitrage
In economics and finance, arbitrage (, ) is the practice of taking advantage of a difference in prices in two or more markets; striking a combination of matching deals to capitalise on the difference, the profit being the difference between the market prices at which the unit is traded. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is the possibility of a risk-free profit after transaction costs. For example, an arbitrage opportunity is present when there is the possibility to instantaneously buy something for a low price and sell it for a higher price. In principle and in academic use, an arbitrage is risk-free; in common use, as in statistical arbitrage, it may refer to ''expected'' profit, though losses may occur, and in practice, there are always risks in arbitrage, some minor (such as fluctuation of prices decreasing pr ...
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Rent-seeking
Rent-seeking is the act of growing one's existing wealth without creating new wealth by manipulating the social or political environment. Rent-seeking activities have negative effects on the rest of society. They result in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality, and potential national decline. Attempts at capture of regulatory agencies to gain a coercive monopoly can result in advantages for rent-seekers in a market while imposing disadvantages on their uncorrupt competitors. This is one of many possible forms of rent-seeking behavior. Description The term rent, in the narrow sense of economic rent, was coined by the British 19th-century economist David Ricardo, but rent-seeking only became the subject of durable interest among economists and political scientists more than a century later after the publication of two influential papers on the topic by Gordon Tullock in ...
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Mariel, Cuba
Mariel is a municipality and town in the Artemisa Province of Cuba. It is located approximately west of the city of Havana. Geography The town is situated on the south-east side of the Mariel Bay. The villages of La Boca, Henequen, Mojica, Quiebra Hacha, and Cabañas are the major settlements composing the municipality of Mariel. History Agustín Parlá Orduña, born in Key West on October 11, 1887, of Cuban parents exiled during the struggle for Cuban's independence, was the first man to fly over the sea from Key West, Florida to El Mariel, Cuba, on May 19, 1913. The port of Mariel is the nearest port to the United States. In 1980, some 125,000 Cubans left Mariel and went to the United States in what is known as the Mariel boatlift. While many reached the US, several died while traveling through the ocean. Those involved became known as " Marielitos". Demographics In 2004, the municipality of Mariel had a population of 42,504. With a total area of , it has a population ...
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Dissolution Of The Soviet Union
The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Soviet Union (USSR) which resulted in the end of the country's and its federal government's existence as a sovereign state, thereby resulting in its constituent republics gaining full sovereignty on 26 December 1991. It brought an end to General Secretary Mikhail Gorbachev's (later also President) effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of fifteen top-level republics that served as homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics alr ...
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