Cuba looks to cooperatives to slow rise of capitalism


  • World
  • Sunday, 13 Apr 2014

HAVANA (Reuters) - Cuba's slow, cautious reforms to revive its state-run economy suddenly burst into life at businesses like Karabali, a Havana nightclub owned by a 21-member cooperative.

The communist government began leasing Karabali to its employees just six months ago and now the once sleepy club is regularly packed with more than 100 customers from midnight until dawn despite competition from dozens of private and state-run night spots in the city.

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