Cuba has uncovered a human trafficking ring that coerced its citizens to fight for Russia in the war in Ukraine, its foreign ministry said, and Havana was working to “neutralise and dismantle” the network.
The statement from Cuba's Foreign Ministry late on Monday gave few details, but noted the trafficking ring was operating both within the Caribbean island nation and in Russia.
“The Ministry of the Interior … is working on the neutralisation and dismantling of a human trafficking network that operates from Russia to incorporate Cuban citizens living there, and even some from Cuba, into the military forces participating in war operations in Ukraine,” the Cuban government statement said.
Russia's Defence Ministry did not immediately respond to a Reuters request for comment.
Russia last year announced a plan to boost the size of its armed forces by more than 30 per cent to 1.5 million combat personnel, a lofty goal made harder by its heavy but undisclosed casualties in the war.
In late May, a newspaper in the Russian city of Ryazan reported that several Cuban citizens had signed contracts with Russia's armed forces and had been shipped to Ukraine in return for Russian citizenship.
It was not immediately clear if the Cuban Foreign Ministry statement was associated with the Ryazan report.
Russia, which has strong political ties with communist-run Cuba, has long been an important destination for Cuban migrants seeking to escape economic stagnation at home.
The defence ministers of Cuba and Russia earlier this year discussed the development of joint “technical military” projects at a meeting in Moscow. But the administration of Cuban President Miguel Diaz-Canel denies any involvement in the Ukraine conflict.
“Cuba is not part of the war in Ukraine,” the Foreign Ministry said late on Monday.
“[Cuba] is acting and will act energetically against anyone … who participates in any form of human trafficking for the purpose of recruitment of Cuban citizens as mercenaries to use arms against any country.”
Havana said it had already begun prosecuting cases in which its citizens had been coerced into fighting in Ukraine.
“Attempts of this nature have been neutralised and criminal proceedings have been initiated against people involved in these activities,” the statement read.
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Multitasking pays off for money goals
Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.
That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.
"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.
Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."
People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.
"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."
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Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
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