Written by Mark Percival
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Topics: water, Cuba

Saturday, 5 June 2010

image for Cuban government insists citizens save water

The Cuban government has urged it citizens to save water. In hard economic times the government has realised that water is now worth more than oil.

Therefore, the latest commodity for investment is water. Government investments representative, Mr Eno Ranealot, has said that it has urged the population to save for a none rainy day.

Traditional banks are gearing up for people paying in large amounts of water; various denominations will be accepted over the counter, such as 1 litre, 1 gallon, 25 gallon and 50 gallon drums. Investment experts Minted & Sons of London has said that foreign investors should approach this new market with caution; they doubt the liquidity of the market can be sustained in the long term.

Early returns on investments are good, with even a small investment is showering a sprinkling of profit for the shareholders. Experts have recommended that water shares only account for a maximum of 15% of any investment portfolio, so that a fall in the market would not drain all the profit.

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