“Vice Foreign Minister [of the Republic of Cuba] Abelardo Moreno said that at current prices a conservative estimate of economic damages to the island up until December 2010 would be more than $104 billion. However, he added, if you take into consideration the extreme devaluation of the dollar against the price of gold on the international financial market during 2010, they would add up to nearly a trillion dollars.” [The 15th of the month used for date sorting purposes only.]
Portia Siegelbaum, “Cuba: U.S. embargo causes $1 trillion in losses,” CBSNews.com, September 14, 2011