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Business
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| Number of pages / Number of words: |
19 / 5128 |
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The U.S. was Cuba's main importer and foreign investments reached a high of 1.5 billion. During the first half of the century, Cuba resembled a U.S. colony with many wealthy Americans vacationing on Cuba's beaches. All this changed in January 1959 when Fidel Castro led a Cuban revolution that triumphed over the U...
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Castro nationalized the many foreign investments in Cuba stating the property belonged to the Cuban People. U.S. President Eisenhower issued a statement asserting that while the U.S. did not intend to meddle in Cuban politics, Americans had the right to retrieve their investments in Cuba. The Cuban regime expropriated U...
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