Cubans are no strangers to carrying large bundles of cash just to get through daily shopping, a habit born from years of relentless inflation. Things have only gotten worse lately, since a de facto US oil blockade sent prices even higher. To ease the burden of transactions, Havana is introducing two new banknotes, the largest of which is worth five times as much as anything previously in circulation.
More For You
Ivan Krastev traces the unlikely arc of Viktor Orbán, from liberal dissident to illiberal nationalist, and explains why he's closer to Putin than Trump.
Most Popular
What’s Good Wednesday April 8th, 2026
Walmart’s $1 billion investment is strengthening associate careers
Vietnam’s leader consolidates power, Hamas’ disarmament deadline, Taiwan’s opposition leader visits China
In an unprecedented move, Vietnam’s parliament has elected Communist Party Secretary General To Lam as state president for the next five years.
In this new episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ryan Roslansky, CEO of LinkedIn and EVP at Microsoft, for a timely conversation on how AI is reshaping the world of work. Drawing on insights from his new book, Open to Work, they explore how rethinking jobs as collections of tasks and treating skills as currency can help people, organizations, and economies adapt to a rapidly changing labor market. Watch the episode here.
