Tag Archives: reuters

The Marketing of Yoani Sánchez: Translation as invention

Machetera and Manuel Talens español

“There are no accidents.” – Sigmund Freud

As one might have expected, Bloomberg and Reuters dutifully shaded their reports on the recent visit to Cuba of Brazil’s President Dilma Rousseff with mentions of the Yoani Sánchez Twitter campaign to pressure Rousseff to intercede on Sánchez’s behalf and persuade the Cuban government to grant her an exit visa to attend a propaganda event in Brazil.

That’s not so surprising.  Sánchez is an egomaniac, for sure, insisting that anyone should care in the first place, when her compatriots Olga Salanueva and Adriana Pérez O’Connor have been denied entry visas by the United States for more than a decade to visit their husbands (Rene González Sehwerert and Gerardo Hernández Nordelo, two of the Cuban Five) unjustly imprisoned in the U.S.  – but if all she has to do is tweet and the press come running, judging the tweet as equal in value to Rousseff’s criticisms of the U.S. gulag at Guantánamo, well, that’s not really her fault – it’s just part of a marketing plan that counts on press complicity. Continue reading

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Soviet rubles, Cuba’s debt, the Paris Club and simple math

Marc Frank, writing for Reuters, reports today that the Paris Club is looking to re-open negotiations with Cuba regarding its foreign debt, and mentions Cuba’s outstanding debt to Russia of 20 billion Soviet rubles as a stumbling block.

In 2001, when the Economist wrote about Cuba’s Soviet ruble debt, it pegged the value of that 20 billion debt at $690 million USD, while pointing out that in 1991, 20 billion rubles equaled $11.8 billion.  If you check the Russian ruble -> USD conversion rate today, you’ll find that a 20 billion Russian ruble debt is currently worth $662 million.  What will it be worth next year?  What was it worth in 1997? Continue reading