Skip to content
Search
Human content, AI powered search.

Latest Stories

Hard Numbers

Hard number: Cuba gets bigger bills for bigger problems

The number of new banknotes Cuba issued this month to deal with rampant inflation. The 2,000 and 5,000 Cuban peso notes are roughly worth $4 and $10, respectively.

The number of new banknotes Cuba issued this month to deal with rampant inflation. The 2,000 and 5,000 Cuban peso notes are roughly worth $4 and $10, respectively.

Natalie Johnson
Riley Callanan
By Riley CallananApril 08, 2026
Riley Callanan

Riley is a former writer and reporter for GZERO. When she isn’t writing about global politics, you can find her making GZERO’s crossword puzzles, conducting research on American politics, or persisting in her lifelong quest to learn French. Riley spends her time outside of work grilling, dancing, and wearing many hats (both literally and figuratively).

See Full Bio
Make us preferred on Google

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.

havana inflation prices cuba banknotes

Latest Videos

Can Putin still outlast Ukraine? play icon
Ian Explains

Can Putin still outlast Ukraine?

Putin, Trump, and the power of YES
Puppet Regime

Putin, Trump, and the power of YES

Was the NATO summit in Ankara a success?
GZERO Europe

Was the NATO summit in Ankara a success?

Ukraine has won Trump's favor. Can it keep it?
GZERO World Clips

Ukraine has won Trump's favor. Can it keep it?

Yoshua Bengio: AI is moving faster than our ability to govern it
AI For Good Summit

Yoshua Bengio: AI is moving faster than our ability to govern it

An AI revolution for Africa?
AI For Good Summit

An AI revolution for Africa?

More For You

Betting on Trump

Betting on Trump
Farida Dowidar
Gabriel Perez, who has worked for the president since 2016, is under fire for his prediction market wagers, allegedly using his access to the speeches to make his bets. At times, Perez reportedly backed out of bets mid-speech when Trump skipped over portions of addresses that he’d bet would be mentioned. Kalshi, the platform used, detected unusual [...]

Hunger strike in India intensifies

Hunger strike in India intensifies
Farida Dowidar
Sonam Wangchuk has long campaigned for the reform of India’s corrupt and inefficient system of entrance exams for higher education. That issue is also central to the recently formed Cockroach Janata Party protest movement, led by people decades younger than Wangchuk, who is 59-years-old. In India, millions of students compete vigorously for a [...]

China’s economic engine cools

China’s economic engine cools
Will Fitzpatrick
China’s economy posted one of its slowest quarterly growth rates on record. The slowdown was hardly a surprise: earlier this year, Chinese officials set the country’s lowest growth target since 1991. The weak growth is not coming from a decrease in manufacturing. In fact, exports rose 27% year over year in June. Instead, it’s coming from sluggish [...]

No more father-son time for the Bolsonaros

No more father-son time for the Bolsonaros
Will Fitzpatrick
The ban comes after a court ruled that Flavio helped his father sidestep his court-ordered social media ban by publishing a letter on his behalf. The message, which highlighted Jair Bolsonaro’s support for Flávio’s presidential bid, was also viewed as premature campaigning, as Brazil’s election season cannot officially begin until Aug. 16. The ban [...]