Cuba Says Can't Pay For Japan Imports On Time : Nikkei

HONG KONG -- The Central Bank of Cuba informed Japan's Nippon Export and Investment Insurance that it couldn't pay for Japanese imports by the agreed upon dates, the Nikkei business daily reported Monday. "This isn't a problem specific to this bank. Foreign exchange reserves for settling trade accounts are in short supply in Cuba," said an offical at the Cuban central bank, according to the report.


Copyright © 2008 MarketWatch, Inc.

By morphus on Aug 19, 2008, 04:39 in Cuba.

---

More posts by the same author:

Juan Pablo Escobar wants a legitimately hot career 5

60 of the World's Great Places - Colombia is Not One 18

Who to kill? Colombia army picks soldier’s brother 14

Electric Cars for Colombia 7

McCain Mentally Unstable to be Prez 2

Hospitals in Cuba 11

Colombians Living high and Mighty in NY/NJ/FL While Gringos Living Poor in Rural US 53

Rock Music and the Devil 8

Drug Labs Visits 18

Should We Sympathize With War Veterans? 47

Why Do Colombians Excel in Gringo Societies? 65

Wikitravel - Bogota/Medellin 5

Fidel's ex-daugher-in-law doing porn 6

Cannibal Cuisine 2

Bush says America has NO PROBLEMS 21

Does John McCain have a Cuba embargo problem? 1

Raúl Castro warns over Cuba slowdown 2

Drug Issue Plagues Colombian Soccer 4

Ever Play this Game in Colombia? 24

Colombia's Old Spain Caste System 55