CUBA
March 7th, 2010 | 
Author: The Republic of Cuba, situated at the northern edge of the Caribbean Sea about 90 miles (145 km.) south of Florida, has an area of 42,804 sq. mi. (110,860 sq. km.) and a population of *11.2 million. Capital: Havana.The Cuban economy is based on the cultivation and refining of sugar, which provides 80 percent of export earnings.
Discovered by Columbus in 1492 and settled by Diego Velasquez in the early 1500s, Cuba remained a Spanish possession until 1898, except for a brief British occupancy of Havana in 1762-63. Cuban attempts to gain freedom were crushed, even while Spain was granting independence to its other American possessions. Ten years of warfare, 1868-78, between Spanish troops and Cuban rebels exacted guarantees of rights which were never implemented. The final revolt, begun in 1895, evoked American sympathy, and with the aid of U.S. troops independence was proclaimed on May 20, 1902. Fulgencio Batista seized the government in 1952 and established a dictatorship. Opposition to Batista, led by Fidel Castro, drove him into exile on Jan. 1, 1959. A communist-type, 25-member collective leadership headed by Castro was inaugurated in March, 1962.
RULER
Spanish, until 1898
MINT MARK
Key – Havana, 1977-
MONETARY SYSTEM
100 Centavos = 1 Peso
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