Monday, October 20, 2008

Business news II

Believe it or not, that old story about Cuba becoming a gigantic petrol producer is doing the rounds. Again.

This time, the story appears in The Guardian, the Left-leaning daily in London, which reports with much excitement the release of "new" figures by the Castro regime suggesting "there may be more than 20 billion barrels of recoverable oil" in the Gulf of Mexico waters surrounding Cuba.

If confirmed, the newspaper says, the new figures would put Cuba's reserves "on par with those of the US and into the world's top 20".


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