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Cuba `72 (Part 3) #463632

NBC Evening News for Wednesday, Apr 19, 1972
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(Studio) Continuing report on Cuba featured. Cuban economy, financial by Soviet Union and masterminded by Fidel Castro, detailed.
REPORTER: John Chancellor

(Cuba) Breeding station for crocodiles built by Castro regime for export of skins. Much of $2 million/day aid paid Cuba by Russia is wasted by mismanagement Econ. suffers from out-of-date United States machinery, worker absenteeism and low productivity. Cuba now shifts to more material rewards from mere moral incentives. Deserving workers now given tables at outdoor nightclub. Sugar production has slowed. 1972 expected to be worst year in recent history. Cuba diverts much economy resources away from present consumption and into building for future.
REPORTER: Tom Streithorst

Reporter(s):
Chancellor, John;
Streithorst, Tom
Duration:
00:04:20

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