RealNews

Russia to grant Cuba $350 million credit

Russia agreed on Thursday to grant Cuba credit worth $350 million and restructure some of its recent debt during a visit by Russia’s prime minister, officials said. The two countries also signed a military cooperation agreement. Cuban Defense Minister Raul Castro, who is acting president while his elder brother Fidel recovers from intestinal surgery, gave red-carpet treatment to Mikhail Fradkov, the highest-ranking Russian official to come to Cuba since a visit by President Vladimir Putin in 2000. Full Story

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