Tuesday, September 30, 2008


I know this will come as a total surprise to most of you: the Castro regime has hinted that it may not be able to pay the country’s foreign debt.

According to an article published in the official media, the regime may have some "difficulties" in meeting its obligations and repaying the USD7.8 billion owed to an assortment of Western governments, banks and other businesses.

Of course, this is on top of the many more billions the Castro brothers still owe (but will never repay) the old Soviet Union and its once loyal satellites in Eastern Europe.

And the reason why Havana says it may not be able to meet its repayments? The embargo, of course ...


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