![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
![]() by AFP Staff Writers Havana (AFP) Nov 26, 2022
China has donated $100 million to Cuba to help it survive a crippling economic crisis exacerbated by the coronavirus pandemic, the island nation's Deputy Prime Minister Alejandro Gil said Saturday. The donation came as Cuban President Miguel Diaz-Canel concluded a visit to China, part of a rare foreign trip. Chinese President Xi Jinping and Diaz-Canel met on Friday and "the offer arose of a donation of around $100 million by China," Gil told Cuban state television. Gil, who is also Cuba's economy minister, said the money would go toward "priorities" on the island, which has been rocked by its worst economic crisis in three decades. Diaz-Canel concluded his visit to China later Friday and continued on a global tour designed to gain support for Cuba in renovating an electrical system that has failed repeatedly, causing frequent blackouts. Gil said leaders of the two countries also discussed "the subject of the debt" that Cuba has accrued with China but did not specify the size of the debt. "Our president explained the situation that we confront, and there was understanding from China. We are seeking mutually acceptable formulas for the planning and restructuring of the debts," Gil said. China is Cuba's second biggest trade partner after Venezuela. Both nations are strong political allies of Cuba. Earlier on his trip, Diaz-Canel visited Algeria, where President Abdelmadjid Tebboune promised to ship fuel to Cuba, donate a photovoltaic power plant and cancel interest on debts, Gil said. Diaz-Canel's trip was also to include stops in Turkey and Russia.
![]() ![]() Hungary to approve Finland and Sweden NATO accession next year: PM Budapest (AFP) Nov 24, 2022 Hungarian Prime Minister Viktor Orban said Thursday parliament would approve Finland and Sweden's accession to NATO next year, with only Budapest and Ankara left to green-light their application. "As we have already informed Sweden and Finland, Hungary supports the NATO membership of these two countries. It will be on the agenda of the first session of parliament" next year, Orban told reporters after meeting regional counterparts in Slovakia. The first session of parliament next year is schedul ... read more
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |