Post by
CommonCents123 on Mar 14, 2024 9:14pm
THE DOWNWARD SPIRAL OF CUBA CONTINUES INCREDIBLY QUICKLY
Of course my main concern is for the human suffering in Cuba. With Sherritt under such pressure losing money will they lay Cubans off making problems worse there?
Several news article about Cuba's fate below. Our Sherritt is at great risk of losing the Cobalt swap. With the melting down of systems in Cuba, Sherritt may have difficulty exporting the Ni to Canada.
https://www.france24.com/en/live-news/20240313-cuba-s-currency-conundrum-four-ways-to-pay
https://www.miamiherald.com/news/local/news-columns-blogs/andres-oppenheimer/article286593100.html
https://www.reuters.com/world/americas/cubans-await-promised-government-intervention-peso-slides-further-2024-03-13/
https://news.google.com/articles/CBMiWWh0dHBzOi8vaGF2YW5hdGltZXMub3JnL2ZlYXR1cmVzL2N1YmFzLWRlYmFjbGUtYWNjZWxlcmF0ZXMtdGhlLWRlY2xpbmUtb2YtcmFpbC10cmFuc3BvcnQv0gFdaHR0cHM6Ly9oYXZhbmF0aW1lcy5vcmcvZmVhdHVyZXMvY3ViYXMtZGViYWNsZS1hY2NlbGVyYXRlcy10aGUtZGVjbGluZS1vZi1yYWlsLXRyYW5zcG9ydC9hbXAv?hl=en-CA&gl=CA&ceid=CA%3Aen
Comment by
Sanguinity on Mar 15, 2024 2:57pm
Egg-celent analysis. It is mindboggling that they're 'buying' eggs while not having enough money for feeding their domestic chicken industry. (hands up that the bill from Columbia for their eggs goes unpaid)