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Rio Times

BusinessRio Times·Sep 1, 2026·1 min read

Cuba Crisis: Meliá Books US$8.7 Million Loss on Exit, Bahamas Drops 31 Cuban Teachers as US Aid Flies In

Meliá booked a €7.5 million first-half loss after a €79.4 million charge for leaving Cuba, the Bahamas is not renewing 31 Cuban teachers' contracts under US pressure, and a US$100 million US aid program is reaching the island only through…

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