In 2003 Banco Atlántico became part of the Banco Sabadell Group.
158-458: In 1901, shortly after Cuba gained independence from Spain, José and Francisco Nonell y Feliu, who had been operating a currency exchange business in Cuba since 1885, relocated their business to Barcelona . In collaboration with local merchants, they established a bank called Nonell, Rovira y Matas , which aimed to facilitate the investment of repatriated funds from Cuba into local securities. By 1917,
316-555: A CIA plan to arm and train a group of Cuban refugees to overthrow the Castro government. The CIA provided B-26 light bombers and ships to the rebels for the invasion. The invasion (known as the Bay of Pigs Invasion ) took place on 17 April 1961, during the term of President John F. Kennedy . About 1,400 Cuban exiles disembarked at the Bay of Pigs . Cuban troops and local militias defeated the invasion by 19 April, killing over 100 invaders and taking
474-633: A Genoese sailor attempting to reach Cipangu (Japan) by sailing west. Castile was already engaged in a race of exploration with Portugal to reach the Far East by sea when Columbus made his bold proposal to Isabella. In the Capitulations of Santa Fe , dated on 17 April 1492, Christopher Columbus obtained from the Catholic Monarchs his appointment as viceroy and governor in the lands already discovered and that he might discover thenceforth; thereby, it
632-578: A new constitution , but mounting political unrest culminated in the 1952 Cuban coup d'état and the subsequent dictatorship of Fulgencio Batista . The Batista government was overthrown in January 1959 by the 26th of July Movement during the Cuban Revolution . That revolution established communist rule under the leadership of Fidel Castro . The country was a point of contention during the Cold War between
790-572: A spontaneous protest in Havana. From the start of the crisis until 1995, Cuba saw its gross domestic product (GDP) shrink by 35%. It took another five years for its GDP to reach pre-crisis levels. Cuba has since found a new source of aid and support in the People's Republic of China. In addition, Hugo Chávez , then president of Venezuela , and Evo Morales , former president of Bolivia , became allies and both countries are major oil and gas exporters. In 2003,
948-431: A "uniquely Cuban development"), according to historian Herbert S. Klein. Due to a shortage of white labor, blacks dominated urban industries "to such an extent that when whites in large numbers came to Cuba in the middle of the nineteenth century, they were unable to displace Negro workers." A system of diversified agriculture, with small farms and fewer slaves, served to supply the cities with produce and other goods. In
1106-423: A 20,000-strong Tlaxcalan army. Three days later, a 50,000-strong Otomi -Tlaxcalan force was defeated by Spanish arquebusier and cannon fire, and a Castilian cavalry charge. Thousands of Tlaxcalans joined the invaders against their Aztec rulers. Cortés's forces sacked the city of Cholula , massacring 6,000 inhabitants, and later entered Emperor Moctezuma II 's capital, Tenochtitlan , on 8 November. Velázquez sent
1264-754: A Spanish protectorate following a series of treaties in 1488, 1491, 1493, and 1495. With the Christian reconquest completed in the Iberian peninsula, Spain began trying to take territory in Muslim North Africa. It had conquered Melilla in 1497, and further expansionism policy in North Africa was developed during the regency of Ferdinand the Catholic in Castile, stimulated by Cardinal Cisneros . Several towns and outposts in
1422-490: A deadline for an annual sugar harvest of 10 million tons by 1970. The economic focus on sugar production involved international volunteers and the mobilization of workers from all sectors of the Cuban economy. Economic mobilization also coincided with greater militarization of Cuban political structures and society in general. The ten million ton harvest goal was not reached. The Cuban economy fell into decline after large sectors of
1580-481: A decree condemning slavery in theory but accepting it in practice and declaring free any slaves whose masters present them for military service. The 1868 rebellion resulted in a prolonged conflict known as the Ten Years' War . According to one military historian, "The thirty-eight individuals who responded to the call for independence on 9 October 1868 had almost no military experience. They, and other Cubans, ignorant of
1738-554: A different venue. Columbus's second voyage in 1493 had a large contingent of settlers and goods to accomplish that. On Hispaniola, the city of Santo Domingo was founded in 1496 by Christopher Columbus's brother Bartholomew Columbus and became a stone-built, permanent city. Non-Castilians, such as Catalans and Aragonese , were often prohibited from migrating to the New World. Following the settlement of Hispaniola, Europeans began searching elsewhere to begin new settlements, since there
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#17328910397281896-588: A force led by Pánfilo de Narváez to punish the insubordinate Cortés for his unauthorized invasion of Mexico, but they were defeated at the Battle of Cempoala on 29 May 1520. Narváez was wounded and captured and 17 of his troops were killed; the rest joined Cortés. Meanwhile, Pedro de Alvarado triggered an Aztec uprising following the massacre in the Great Temple of Tenochtitlan , during which 400 Aztec nobles and 2,000 onlookers were killed. The Castilians were driven out of
2054-592: A holding company owned by José María Ruiz Mateos . In 1975, Banco Atlántico expanded its international presence by establishing an agency in New York, which remained operational until its closure in 2001. In 1983, the Spanish Socialist government under Felipe González and Miguel Boyer nationalized Rumasa , including Banco Atlántico. At the time, Rumasa was a conglomerate of 20 banks and approximately 300 other companies, and its financial troubles were too large for
2212-552: A joint U.S.-Latin American assault on Francoist Spain to overthrow its authoritarian regime. Cuba lost six merchant ships during the war, and the Cuban Navy was credited with sinking the German submarine U-176 . Batista adhered to the 1940 constitution's strictures preventing his re-election. Ramon Grau San Martin was the winner of the next election, in 1944. Grau further corroded
2370-488: A latitude south of Cape Bojador , a compromise was worked out and incorporated in the Treaty of Tordesillas , dated on 7 June 1494, in which the world was split into two dividing Spanish and Portuguese claims. These actions gave Spain exclusive rights to establish colonies in all of the New World from north to south (later with the exception of Brazil, which Portuguese commander Pedro Álvares Cabral encountered in 1500), as well as
2528-535: A middle class in most urban areas. After finishing his term in 1944 Batista lived in Florida, returning to Cuba to run for president in 1952. Facing certain electoral defeat, he led a military coup that preempted the election. Back in power, and receiving financial, military, and logistical support from the United States government, Batista suspended the 1940 Constitution and revoked most political liberties, including
2686-548: A mixture of Spanish, African, and Taíno heritages. Cuba developed slowly and, unlike the plantation islands of the Caribbean, had a diversified agriculture. Most importantly, the colony developed as an urbanized society that primarily supported the Spanish colonial empire. By the mid-18th century, there were 50,000 slaves on the island. Estimates suggest that between 1790 and 1820 some 325,000 Africans were imported to Cuba as slaves, which
2844-681: A number of revolts across the Spanish Habsburg's domains, including their Spanish kingdoms. During the Habsburg rule, the Spanish Empire significantly expanded its territories in the Americas, beginning with the conquest of the Aztec Empire ; these conquests were achieved not by the Spanish army, but by small groups of adventurers—artisans, traders, gentry, and peasants—who operated independently under
3002-848: A result of the marriage politics of the Catholic Monarchs (in Spanish, Reyes Católicos ), their Habsburg grandson Charles inherited the Castilian empire in the Americas and the possessions of the Crown of Aragon in the Mediterranean (including all of south Italy ), lands in Germany, the Low Countries , Franche-Comté , and Austria , starting the rule of the Spanish Habsburgs. The Austrian hereditary Habsburg domains were transferred to Ferdinand ,
3160-415: A strategic point in the middle of the country, fell into the rebels hands on December 31, in a conflict known as the Battle of Santa Clara ). In the 1950s, various organizations, including some advocating armed uprising, competed for public support in bringing about political change. In 1956, Fidel Castro and about 80 supporters landed from the yacht Granma in an attempt to start a rebellion against
3318-643: A surprise attack in Cajamarca that resulted in the massacre of thousands of Incas. This conquest facilitated the establishment of the Viceroyalty of Peru in 1542, allowing Spain to exert control over territories in western South America, comprising present-day Peru, Bolivia, Ecuador, and parts of Chile and Argentina. In the subsequent years, Spanish explorers and conquistadors ventured into northern South America, where they established settlements in present-day Venezuela and Colombia. Philip II of Spain (r. 1556–98) oversaw
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#17328910397283476-659: A surviving heir, probably the Crown of Aragon would have been split from Castile, which was inherited by Charles, Ferdinand and Isabella's grandson. Ferdinand joined the League of Cambrai against Venice in 1508. In 1511, he became part of the Holy League against France, seeing a chance at taking both Milan —to which he held a dynastic claim—and Navarre . In 1516, France agreed to a truce that left Milan in its control and recognized Spanish control of Upper Navarre , which had effectively been
3634-570: A vast expedition through the American Southeast , in search of gold, treasure, fame and power. On 1 September 1548, Gonzalo Perez de Angulo was appointed governor of Cuba. He arrived in Santiago, Cuba, on 4 November 1549, and immediately declared the liberty of all Natives. He became Cuba's first permanent governor to reside in Havana instead of Santiago, and he built Havana's first church made of masonry. By 1570, most residents of Cuba comprised
3792-799: A year, providing training to the Algerian army. Che Guevara , authorized by Fidel Castro, engaged in guerrilla activities in Africa and was killed in 1967 while attempting to start a revolution in Bolivia . By the middle of 1965, Cuba had begun supplying arms to the People's Movement for the Liberation of Angola . In 1966, Cuban aid also reached the African Party for the Independence of Guinea and Cape Verde . Furthermore, by
3950-450: Is a stub . You can help Misplaced Pages by expanding it . Cuba Cuba , officially the Republic of Cuba , is an island country , comprising the island of Cuba (largest island), Isla de la Juventud , and 4,195 islands , islets and cays surrounding the main island. It is located where the northern Caribbean Sea , Gulf of Mexico , and Atlantic Ocean meet. Cuba is located east of
4108-514: Is associated with extinctions of the islands native fauna, particularly its endemic sloths . The Arawakan -speaking ancestors of the Taíno people arrived in the Caribbean in a separate migration from South America around 1,700 years ago. Unlike the previous settlers of Cuba, the Taíno extensively produced pottery and engaged in intensive agriculture. The earliest evidence of the Taíno people on Cuba dates to
4266-498: Is dominated by tourism and the exports of skilled labor, sugar, tobacco, and coffee. Cuba has historically—before and during communist rule—performed better than other countries in the region on several socioeconomic indicators, such as literacy, infant mortality and life expectancy. Cuba has a universal health care system which provides free medical treatment to all Cuban citizens, although challenges include low salaries for doctors, poor facilities, poor provision of equipment, and
4424-532: Is now Cuba was inhabited as early as the 4th millennium BC , with the Guanahatabey and Taíno peoples inhabiting the area at the time of Spanish colonization in the 15th century. It was then a colony of Spain , through the abolition of slavery in 1886, until the Spanish–American War of 1898, when Cuba was occupied by the United States and gained independence in 1902. In 1940, Cuba implemented
4582-532: Is repressed; Reporters Without Borders has characterized Cuba as one of the worst countries for press freedom. Culturally, Cuba is considered part of Latin America. Cuba is a founding member of the United Nations, G77 , Non-Aligned Movement , Organisation of African, Caribbean and Pacific States , ALBA , and Organization of American States . It has one of the world's few planned economies , and its economy
4740-435: The arbitristas . The natural resource abundance provoked a decline in entrepreneurship as profits from resource extraction are less risky. The wealthy preferred to invest their fortunes in public debt ( juros ). The Habsburg dynasty spent the Castilian and American riches in wars across Europe on behalf of Habsburg interests, and declared moratoriums (bankruptcies) on their debt payments several times. These burdens led to
4898-439: The 9th century AD. Descendants of the first settlers of Cuba persisted on the western part of the island until Columbian contact, where they were recorded as the Guanahatabey people, who lived a hunter-gatherer lifestyle. After first landing on an island then called Guanahani on 12 October 1492, Christopher Columbus landed on Cuba on 27 October 1492, and landing in the northeastern coast on 28 October. Columbus claimed
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5056-569: The Agrarian Reform Law , expropriating thousands of acres of farmland (including from large U.S. landholders), further worsened relations. In response, between 1960 and 1964 the U.S. imposed a range of sanctions, eventually including a total ban on trade between the countries and a freeze on all Cuban-owned assets in the U.S. In February 1960, Castro signed a commercial agreement with Soviet Vice-Premier Anastas Mikoyan . In March 1960, U.S. President Dwight D. Eisenhower gave his approval to
5214-723: The Cape Verde islands (1476), conquering the city of Ceuta in the Tingitan Peninsula in 1476 (but retaken by the Portuguese), and even attacked the Azores islands, being defeated at Praia . The turning point of the war came in 1478, however, when a Castilian fleet sent by King Ferdinand to conquer Gran Canaria lost men and ships to the Portuguese who expelled the attack, and a large Castilian armada—full of gold—was entirely captured in
5372-714: The Catholic Monarchy , was a colonial empire that existed between 1492 and 1976. In conjunction with the Portuguese Empire , it ushered in the European Age of Discovery . It achieved a global scale, controlling vast portions of the Americas , Africa , various islands in Asia and Oceania , as well as territory in other parts of Europe. It was one of the most powerful empires of the early modern period , becoming known as "
5530-604: The Council of the Indies and Casa de Contratación , the two highest bodies in metropolitan Spain for the government of the empire in the New World, as well as royal government in the Indies. Portugal obtained several papal bulls that acknowledged Portuguese control over the discovered territories, but Castile also obtained from the Pope the safeguard of its rights to the Canary Islands with
5688-527: The Guantánamo Bay Naval Base from Cuba. Following disputed elections in 1906, the first president, Tomás Estrada Palma , faced an armed revolt by independence war veterans who defeated the meager government forces. The U.S. intervened by occupying Cuba and named Charles Edward Magoon as Governor for three years. Cuban historians have characterized Magoon's governorship as having introduced political and social corruption. In 1908, self-government
5846-806: The Honduras Company (1714), a Caracas company; the Guipuzcoana Company (1728), and the most successful ones, the Havana Company (1740) and the Barcelona Trading Company (1755). In 1717–18, the structures for governing the Indies, the Consejo de Indias and the Casa de Contratación , which governed investments in the cumbersome Spanish treasure fleets , were transferred from Seville to Cádiz , where foreign merchant houses had easier access to
6004-587: The House of Trastámara . Their dynastic alliance was important for a number of reasons, ruling jointly over a number of kingdoms and other territories, mostly in the western Mediterranean region, under their respective legal and administrative status. They successfully pursued expansion in Iberia in the Christian conquest of the Muslim Emirate of Granada , completed in 1492, for which Valencia-born Pope Alexander VI gave them
6162-507: The Italian Wars beginning in 1494. Following Spanish victories at the Battles of Cerignola and Garigliano in 1503, France recognized Ferdinand's sovereignty over Naples through a treaty. After the death of Queen Isabella in 1504, and her exclusion of Ferdinand from a further role in Castile, Ferdinand married Germaine de Foix in 1505, cementing an alliance with France. Had that couple had
6320-796: The Kingdom of Naples , the Kingdom of Sicily , the Kingdom of Sardinia , and the Duchy of Milan through the Treaty of Cateau-Cambrésis in 1559. Italy became the core of Spain's power. By the mid-17th century, Spain's global empire burdened its economic, administrative, and military resources. Over the preceding century, Spanish troops had fought in France, Germany, and the Netherlands, suffering heavy casualties. Despite its vast holdings, Spain's military lacked essential modernization and heavily relied on foreign suppliers. Nevertheless, Spain possessed abundant bullion from
6478-648: The Pact of Zanjón ended the conflict, with Spain promising greater autonomy to Cuba. In 1879–80, Cuban patriot Calixto García attempted to start another war known as the Little War but failed to receive enough support. Slavery in Cuba was abolished in 1875 but the process was completed only in 1886. An exiled dissident named José Martí founded the Cuban Revolutionary Party in New York City in 1892. The aim of
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6636-431: The Philippine Islands , and Guam in the Mariana Islands following the Spanish–American War . With the marriage of the heirs apparent to their respective thrones Ferdinand of Aragon and Isabella of Castile created a personal union that most scholars view as the foundation of the Spanish monarchy. The union of the Crowns of Castile and Aragon joined the economic and military power of Iberia under one dynasty,
6794-412: The Philippines , and Guam to the United States for the sum of US$ 20 million and Cuba became a protectorate of the United States. Cuba gained formal independence from the U.S. on 20 May 1902, as the Republic of Cuba. Under Cuba's new constitution, the U.S. retained the right to intervene in Cuban affairs and to supervise its finances and foreign relations. Under the Platt Amendment , the U.S. leased
6952-448: The Soviet Union and the United States, and the Cuban Missile Crisis of 1962 is widely considered the closest the Cold War came to escalating into nuclear war . Following the dissolution of the Soviet Union , Cuba faced a severe economic downturn in the 1990s, known as the Special Period . In 2008, Fidel Castro retired after 49 years; Raúl Castro was elected his successor. Raúl Castro retired as president in 2018 and Miguel Díaz-Canel
7110-429: The Spanish Netherlands and Spanish Italy. In 1763, after the Seven Years' War , Spain ceded both East Florida and West Florida to Great Britain while gaining Louisiana from France. However, in 1783, following the American Revolutionary War , Britain ceded both Floridas back to Spain as part of the Treaty of Paris . Spain had recaptured West Florida in 1781 through military operations. Both Floridas were ceded to
7268-429: The Yucatán Peninsula (Mexico), south of both Florida and the Bahamas , west of Hispaniola ( Haiti / Dominican Republic ), and north of Jamaica and the Cayman Islands . Havana is the largest city and capital. Cuba is the third-most populous country in the Caribbean after Haiti and the Dominican Republic, with about 10 million inhabitants. It is the largest country in the Caribbean by area. The territory that
7426-564: The encomienda system, which resembled the feudal system in medieval Europe. Within a century, the Indigenous people faced high incidence of mortality due to multiple factors, primarily Eurasian infectious diseases , to which they had no natural resistance (immunity), aggravated by the harsh conditions of the repressive colonial subjugation. In 1529, a measles outbreak killed two-thirds of those few Natives who had previously survived smallpox . On 18 May 1539, conquistador Hernando de Soto departed from Havana with some 600 followers into
7584-426: The right to strike . He then aligned with the wealthiest landowners who owned the largest sugar plantations , and presided over a stagnating economy that widened the gap between rich and poor Cubans. Batista outlawed the Cuban Communist Party in 1952. After the coup, Cuba had Latin America's highest per capita consumption rates of meat, vegetables, cereals, automobiles, telephones and radios, though about one-third of
7742-502: The 1820s, when the rest of Spain's empire in Latin America rebelled and formed independent states , Cuba remained loyal to Spain. Its economy was based on serving the empire. By 1860, Cuba had 213,167 free people of color (39% of its non-white population of 550,000). Full independence from Spain was the goal of a rebellion in 1868 led by planter Carlos Manuel de Céspedes . De Céspedes, a sugar planter, freed his slaves to fight with him for an independent Cuba. On 27 December 1868, he issued
7900-463: The 1983 coup that resulted in the execution of Grenadian Prime Minister Maurice Bishop and establishment of the military government led by Hudson Austin , U.S. forces invaded Grenada in 1983, overthrowing the Government. Most resistance came from Cuban construction workers, while the Grenadan People's Revolutionary Army and militia surrendered without putting up much of a fight. 24 Cubans were killed, with only 2 of them being professional soldiers, and
8058-406: The Americas instead. Thus, the limitations imposed by the Alcáçovas treaty were overcome and a new and more balanced division of the world would be reached in the Treaty of Tordesillas between both emerging maritime powers. Seven months before the treaty of Alcaçovas, King John II of Aragon died, and his son Ferdinand II of Aragon , married to Isabella I of Castile , inherited
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#17328910397288216-477: The Americas, which played a crucial role in both sustaining its military endeavors and meeting the needs of its civilian population. During this period, Spain displayed limited military interest in its overseas colonies. The Criollo elites (colonial-born Spaniards) and mestizo and mulatto militia (of mixed Indigenous-Spanish and African-Spanish descent) provided only minimal protection, often assisted by more influential allies with vested interests in maintaining
8374-553: The Army. A new constitution was adopted in 1940, which engineered radical progressive ideas, including the right to labor and health care. Batista was elected president in the same year, holding the post until 1944. He is so far the only non-white Cuban to win the nation's highest political office. His government carried out major social reforms. Several members of the Communist Party held office under his administration. Cuban armed forces were not greatly involved in combat during World War II—though president Batista did suggest
8532-446: The Austrians at the Battle of Bitonto in 1734 during the War of the Polish Succession , and during the War of Jenkins' Ear (1739–42) thwarted British efforts to capture the strategic cities of Cartagena de Indias , Santiago de Cuba and St. Augustine by defeating a British combined army and navy force, although Spain's invasion of Georgia also failed. The British suffered 25,000 dead or wounded and lost nearly 5,000 ships during
8690-413: The Aztec capital, suffering heavy losses and losing all of their gold and guns during La Noche Triste . On 8 July 1520, at Otumba , the Castilians and their allies, without artillery or arquebusiers, repelled 100,000 Aztecs armed with obsidian-bladed clubs. In August, 500 Castilians and 40,000 Tlaxcalans conquered the hilltop town of Tepeaca , an Aztec ally. Most of the inhabitants were either branded on
8848-477: The Batista government. In 1958, Castro's July 26th Movement emerged as the leading revolutionary group. The U.S. supported Castro by imposing a 1958 arms embargo against Batista's government. Batista evaded the American embargo and acquired weapons from the Dominican Republic. By late 1958, the rebels had broken out of the Sierra Maestra and launched a general popular insurrection . After Castro's fighters captured Santa Clara , Batista fled with his family to
9006-409: The Canaries, recognized the Portuguese monopoly of fishing and navigation along the whole west African coast and Portugal's rights over the Madeira , Azores and Cape Verde islands [plus the right to conquer the Kingdom of Fez ]." The treaty delimited the spheres of influence of the two countries, establishing the principle of the Mare clausum . It was confirmed in 1481 by the Pope Sixtus IV , in
9164-411: The Cold War, Cuban forces were deployed to all corners of Africa, either as military advisors or as combatants. During the 1970s, Fidel Castro dispatched tens of thousands of troops in support of Soviet-backed wars in Africa. He supported the MPLA in Angola and Mengistu Haile Mariam in Ethiopia. In November 1975, Cuba deployed more than 65,000 troops and 400 Soviet-made tanks in Angola in one of
9322-465: The Communist Party and retained broad authority, including oversight over the president. Cuba approved a new constitution in 2019. The optional vote attracted 84.4% of eligible voters. 90% of those who voted approved of the new constitution and 9% opposed it. The new constitution states that the Communist Party is the only legitimate political party, describes access to health and education as fundamental rights, imposes presidential term limits, enshrines
9480-422: The Corporación Bancaria to manage. By this point, Banco Atlántico had become the 10th largest bank in Spain, with 172 domestic branches, an agency in New York, a branch in Grand Cayman, two subsidiaries in Switzerland and Panama, and representative offices in eight countries. In 1984, the Arab Banking Corporation (ABC), in partnership with BBVA and Allianz , acquired Banco Atlántico from the government. Following
9638-409: The Cuban forces. According to one source, more than 300,000 Cuban military personnel and civilian experts were deployed in Africa. The source also states that out of the 50,000 Cubans sent to Angola, half contracted AIDS and that 10,000 Cubans died as a consequence of their military actions in Africa. Soviet troops began to withdraw from Cuba in September 1991, and Castro's rule was severely tested in
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#17328910397289796-514: The Cuban government had imposed broad restrictions on travel to prevent the mass emigration of people after the 1959 revolution; it approved exit visas only on rare occasions. Requirements were simplified: Cubans need only a passport and a national ID card to leave; and they are allowed to take their young children with them for the first time. However, a passport costs on average five months' salary. Observers expect that Cubans with paying relatives abroad are most likely to be able to take advantage of
9954-400: The Cuban population. The United States government initially reacted favorably to the Cuban Revolution, seeing it as part of a movement to bring democracy to Latin America. Castro's legalization of the Communist Party and the hundreds of executions of Batista agents, policemen, and soldiers that followed caused a deterioration in the relationship between the two countries. The promulgation of
10112-477: The Dominican Republic on 1 January 1959. Later he went into exile on the Portuguese island of Madeira and finally settled in Estoril, near Lisbon. Fidel Castro's forces entered the capital on 8 January 1959. The liberal Manuel Urrutia Lleó became the provisional president. Militant anti-Castro groups, funded by the Central Intelligence Agency (CIA) and Rafael Trujillo , carried out armed attacks and set up guerrilla bases in Cuba's mountainous regions. This led to
10270-515: The Earth—laid the foundation for Spain's Pacific empire and for Spanish control over the East Indies . The influx of gold and silver from the mines in Zacatecas and Guanajuato in Mexico and Potosí in Bolivia enriched the Spanish crown and financed military endeavors and territorial expansion. Another crucial element of the empire's expansion was the financial support provided by Genoese bankers, who financed royal expeditions and military campaigns. In 1700, Philip V became king of Spain after
10428-401: The Emperor's brother, whereas Spain and the remaining possessions were inherited by Charles's son, Philip II of Spain , at the abdication of the former in 1556. The Habsburgs pursued several goals: "I learnt a proverb here", said a French traveler in 1603: "Everything is dear in Spain except silver". The problems caused by inflation were discussed by scholars at the School of Salamanca and
10586-421: The Indies trade. Cádiz became the one port for all Indies trading (see flota system ). Individual sailings at regular intervals were slow to displace the traditional armed convoys, but by the 1760s there were regular ships plying the Atlantic from Cádiz to Havana and Puerto Rico , and at longer intervals to the Río de la Plata , where an additional viceroyalty was created in 1776. The contraband trade that
10744-410: The Moors in 1462. The Christian rivals Castile and Portugal came to formal agreements over the division of new territories in the Treaty of Alcaçovas (1479), as well as securing the crown of Castile for Isabella whose accession was challenged militarily by Portugal. Following the voyage of Christopher Columbus in 1492 and first major settlement in the New World in 1493, Portugal and Castile divided
10902-447: The Muslims. Following Portugal's earlier completion of the reconquest and its establishment of settled boundaries, it began to seek overseas expansion, first to the port of Ceuta (1415) and then by colonizing the Atlantic islands of Madeira (1418) and the Azores (1427–1452); it also began voyages down the west coast of Africa in the fifteenth century. Its rival Castile laid claim to the Canary Islands (1402) and retook territory from
11060-412: The North African coast were conquered and occupied by Castile between 1505 and 1510: Mers El Kébir , Peñón de Vélez de la Gomera , Oran , Bougie , Tripoli , and Peñón of Algiers . On the Atlantic coast, Spain took possession of the outpost of Santa Cruz de la Mar Pequeña (1476) with support from the Canary Islands , and it was retained until 1525 with the consent of the Treaty of Cintra (1509). As
11218-415: The OAS". Fidel Castro wrote that Cuba would not rejoin the OAS, which, he said, was a "U.S. Trojan horse" and "complicit" in actions taken by the U.S. against Cuba and other Latin American nations. Effective 14 January 2013, Cuba ended the requirement established in 1961, that any citizens who wish to travel abroad were required to obtain an expensive government permit and a letter of invitation. In 1961
11376-606: The People's Republic of the Congo, and the Caribbean to Ethiopia, assisted by mechanized Soviet battalions, to help defeat a Somali invasion. On 24 January 1978, Ethiopian and Cuban troops counterattacked, inflicting 3,000 casualties on the Somali forces. In February, Cuban troops launched a major offensive and forced the Somali army back into its own territory. Cuban forces remained in Ethiopia until September 1989. Despite Cuba's small size and
11534-543: The Portuguese power, but also to take possession of this lucrative commerce. The Crown officially organized this trade with Guinea: every caravel had to secure a government license and to pay a tax on one-fifth of their profits (a receiver of the customs of Guinea was established in Seville in 1475—the ancestor of the future and famous Casa de Contratación ). Castilian fleets fought in the Atlantic Ocean, temporarily occupying
11692-631: The Spanish Americas, exploring and describing it for the first time from a modern scientific point of view between 1799 and 1804. In his work Political essay on the kingdom of New Spain containing researches relative to the geography of Mexico he says that the Amerindians of New Spain were wealthier than any Russian or German peasant in Europe. According to Humboldt, despite the fact that Indian farmers were poor, under Spanish rule they were free and slavery
11850-565: The Spanish had reached Tlatelolco's center, raising their new flag atop the city's twin towers. Having exhausted their gunpowder, they attempted a catapult breach but failed. On 3 August, 12,000 more civilians were killed in another city section. Alvarado's destruction of the aqueducts forced the Aztecs to drink from the lake, causing disease and thousands of deaths. Another major assault occurred on 12 August, during which many thousands of non-combatants were massacred in their shelters. The following day,
12008-531: The Spanish overseas empire in the Americas and the Philippines. The settlement gave spoils to those who had backed a Habsburg for the Spanish monarchy, ceding European territory of the Spanish Netherlands , Naples , Milan , and Sardinia to Austria ; Sicily and parts of Milan to the Duchy of Savoy , and Gibraltar and Menorca to the Kingdom of Great Britain . The treaty also granted British merchants
12166-696: The Syrian-Israeli War of Attrition (November 1973–May 1974) that followed the Yom Kippur War (October 1973). Israeli sources reported the presence of a Cuban tank brigade in the Golan Heights , which was supported by two brigades. The Israelis and the Cuban-Syrian tank forces engaged in battle on the Golan front. In 1979, the U.S. objected to the presence of Soviet combat troops on the island. Following
12324-517: The United States in 1819 as part of the Adams-Onís Treaty . Louisiana was ceded back to France in 1801 in the Treaty of Aranjuez . The Bourbon monarchy implemented reforms like the Nueva Planta decrees , which centralized power and abolished regional privileges. Economic policies promoted trade with the colonies, enhancing Spanish influence in the Americas. Socially, tensions emerged between
12482-518: The United States. Additionally, while the embargo between the United States and Cuba was not immediately lifted, it was relaxed to allow import, export, and certain limited commerce. Raúl Castro stepped down from the presidency on 19 April 2018 and Miguel Díaz-Canel was elected president by the National Assembly following parliamentary elections . Raúl Castro remained the First Secretary of
12640-753: The acquisition, Banco Atlántico expanded its private banking operations by adding subsidiaries in the Bahamas , Gibraltar , and Monaco , while divesting its subsidiary in Switzerland. Eventually, Banco Exterior replaced BBVA and Allianz as shareholders. In 1999, BBVA regained partial ownership of Banco Atlántico after acquiring Argentaria, a group of banks created by the Spanish government, including Banco Exterior. In 2003, Banco Sabadell acquired and absorbed Banco Atlántico, outbidding several competitors, including Barclays Bank and Caixa Geral de Depositos of Portugal. This Spanish bank or insurance-related article
12798-589: The aftermath of the Soviet collapse in December 1991 (known in Cuba as the Special Period ). The country faced a severe economic downturn following the withdrawal of Soviet subsidies worth $ 4 billion to $ 6 billion annually, resulting in effects such as food and fuel shortages. The government did not accept American donations of food, medicines and cash until 1993. On 5 August 1994, state security dispersed protesters in
12956-562: The attacks on the Cuban government, manufacturing a reason for the United States to invade Cuba. This plan was rejected by President Kennedy. By 1963, Cuba was moving towards a full-fledged communist system modeled on the USSR. In 1963, Cuba sent 686 troops together with 22 tanks and other military equipment to support Algeria in the Sand War against Morocco. The Cuban forces remained in Algeria for over
13114-638: The balance of power and safeguarding the Spanish Empire from falling into enemy hands. With the 1700 death of the childless Charles II of Spain , the crown of Spain was contested in the War of the Spanish Succession . Under the Treaties of Utrecht (11 April 1713) ending the war, the French prince of the House of Bourbon , Philippe of Anjou, grandchild of Louis XIV of France, became King Philip V of Spain . He retained
13272-547: The bank had changed its name to Nonell Hermanos , and in the 1920s, it was further rebranded as Banca Nonell . In 1946, Claudio Güell y Churruca, the Count of Ruiseñada, took control of the bank and renamed it Banco Atlántico. In 1961, the descendants of Güell sold their shares to a new group of investors. During this time, Continental Illinois Bank acquired a stake in Banco Atlántico. However, ownership eventually passed to Rumasa,
13430-479: The base of the already teetering legitimacy of the Cuban political system, in particular by undermining the deeply flawed, though not entirely ineffectual, Congress and Supreme Court. Carlos Prío Socarrás , a protégé of Grau, became president in 1948. The two terms of the Auténtico Party brought an influx of investment, which fueled an economic boom, raised living standards for all segments of society, and created
13588-466: The beginning of Catalan participation in the Spanish slave trade , and the rapidly growing textile industry of Catalonia which by the mid-1780s saw the first signs of industrialization. This saw the emergence of a small, politically active commercial class in Barcelona . This isolated pocket of advanced economic development stood in stark contrast to the relative backwardness of most of the country. Most of
13746-484: The bulls Romani Pontifex dated 6 November 1436 and Dominatur Dominus dated 30 April 1437. The conquest of the Canary Islands , inhabited by Guanche people, began in 1402 during the reign of Henry III of Castile , by Norman nobleman Jean de Béthencourt under a feudal agreement with the crown. The conquest was completed with the campaigns of the armies of the Crown of Castile between 1478 and 1496, when
13904-408: The causeway at Tlacopan by the armies of Alvarado and Cristóbal de Olid . While fighting on the causeway, the Spanish and their allies came under attack from both sides by Aztecs firing arrows from canoes. Thirteen Spanish brigantines sank 300 out of 400 enemy war canoes sent against them. The Aztecs tried to damage the Spanish vessels by hiding spears beneath the shallow water. The attackers breached
14062-537: The city and engaged in fighting with the Aztec defenders in the streets. The Aztecs defeated the Spanish-Tlaxcalan forces at the Battle of Colhuacatonco on 30 June 1521. Following this Aztec victory, 53 Spanish prisoners were paraded to the tops of Tlatelolco 's highest pyramids and publicly sacrificed . In late July, the attackers resumed their assaults, resulting in the massacre of 800 Aztec civilians. By 29 July,
14220-547: The city fell and Cuauhtémoc was captured. At least 100,000 Aztecs died during the siege, while 100 Spaniards and up to 30,000 of their Indigenous allies were killed or died from disease. The fall of Tenochtitlan marked the beginning of Spanish colonial rule in Mexico, leading to the establishment of the Viceroyalty of New Spain in 1535. In 1532, Francisco Pizarro conquered the Inca Empire by capturing its leader Atahualpa during
14378-532: The colonization of the Philippines, which began in 1565 with the arrival of Spanish explorer Miguel López de Legazpi , making him ruler of one of the first true globe-spanning empires. His victory in the War of the Portuguese Succession led to the annexation of Portugal in 1580, effectively integrating its overseas empire—encompassing coastal Brazil and African and Indian coastal enclaves—into Spain's domain. Philip II also reaffirmed Spanish control over
14536-447: The crew. The cause and responsibility for the sinking of the ship remained unclear after a board of inquiry. Popular opinion in the U.S., fueled by active yellow press , concluded that the Spanish were to blame and demanded action. Spain and the United States declared war on each other in late April 1898. After the Spanish–American War , Spain and the United States signed the Treaty of Paris (1898) , by which Spain ceded Puerto Rico ,
14694-529: The crown's encomienda system. Defying the opposition of Diego Velázquez de Cuéllar , the governor of Hispaniola, Hernán Cortés organized an expedition of 550 conquistadors and sailed for the coast of Mexico in March 1519. The Castilians defeated a 10,000-strong Chontal Mayan army at Potonchán on 24 March and emerged triumphant against a larger force of 40,000 Mayans three days later. On 2 September, 360 Castilians and 2,300 Totonac Indigenous allies defeated
14852-418: The death of Charles II , the last Habsburg monarch of Spain, who died without an heir. His ascension triggered the War of the Spanish Succession , as various European powers contested his claim to the throne. The conflict concluded with the Treaty of Utrecht in 1713, allowing Philip, the first Bourbon king of Spain, to retain the throne but resulting in territorial losses for Spain: Gibraltar , Menorca ,
15010-542: The decisive Battle of Guinea . The Treaty of Alcáçovas (4 September 1479), while assuring the Castilian throne to the Catholic Monarchs, reflected the Castilian naval and colonial defeat: "War with Castile broke out waged savagely in the Gulf [of Guinea] until the Castilian fleet of thirty-five sail was defeated there in 1478. As a result of this naval victory, at the Treaty of Alcáçovas in 1479 Castile, while retaining her rights in
15168-655: The detriment of interests in the colonies, undermined creole elites' loyalty to the crown. When French forces of Napoleon Bonaparte invaded the Iberian peninsula in 1808, Napoleon ousted the Spanish Bourbon monarchy, placing his brother Joseph Bonaparte on the Spanish throne. There was a crisis of legitimacy of crown rule in Spanish America, leading to the Spanish American wars of independence (1808–1826). The Spanish Bourbons' broadest intentions were to reorganize
15326-485: The easternmost parts of Asia. The Treaty of Tordesillas was confirmed by Pope Julius II in the bull Ea quae pro bono pacis on 24 January 1506. The Treaty of Tordesillas and the treaty of Cintra (18 September 1509) established the limits of the Kingdom of Fez for Portugal, and the Castilian expansion was allowed outside these limits, beginning with the conquest of Melilla in 1497. Other European powers did not see
15484-480: The economy were neglected when large amounts of urban labor mobilized to the countryside. The standard of living in the 1970s was "extremely spartan" and discontent was rife. Fidel Castro admitted the failures of economic policies in a 1970 speech. In 1975, the OAS lifted its sanctions against Cuba, with the approval of 16 member states, including the United States. The U.S., however, maintained its own sanctions. During
15642-622: The empire on which the sun never sets ". At its greatest extent in the late 1700s and early 1800s, the Spanish Empire covered over 13 million square kilometres (5 million square miles), making it one of the largest empires in history. Beginning with the 1492 arrival of Christopher Columbus and continuing for over three centuries, the Spanish Empire would expand across the Caribbean Islands , half of South America , most of Central America and much of North America . The Magellan-Elcano circumnavigation —the first circumnavigation of
15800-479: The exclusive right to sell slaves in Spanish America for thirty years, the asiento de negros , as well as licensed voyages to ports in Spanish colonial dominions and openings. Spain's economic and demographic recovery had begun slowly in the last decades of the Habsburg reign, as was evident from the growth of its trading convoys and the much more rapid growth of illicit trade during the period. (This growth
15958-451: The expanding empire became an administrative issue. The reign of Ferdinand and Isabella began the professionalization of the apparatus of government in Spain, which led to a demand for men of letters ( letrados ) who were university graduates ( licenciados ), of Salamanca , Valladolid , Complutense and Alcalá . These lawyer-bureaucrats staffed the various councils of state, eventually including
16116-604: The face with the letter "G" (for guerra, the Spanish word for "war") and enslaved by the Spanish, or sacrificed and eaten by the Tlaxcalans. Cortés returned to Tenochtitlan in 1521 with a new invasion force and laid siege to the Aztec capital in May, which was suffering from a smallpox epidemic that killed thousands. The new emperor, Cuauhtémoc , defended Tenochtitlan with 100,000 warriors armed with slings, bows, and obsidian clubs . The first military encounter occurred after an advance along
16274-509: The fastest military mobilizations in history. South Africa developed nuclear weapons due to the threat to its security posed by the presence of large numbers of Cuban troops in Angola . In 1976 and again in 1988 at the Battle of Cuito Cuanavale , the Cubans alongside their MPLA allies defeated UNITA rebels and apartheid South African forces. In December 1977, Cuba sent its combat troops from Angola,
16432-597: The frequent absence of essential drugs. A 2023 study by the Cuban Observatory of Human Rights (OCDH), estimated 88% of the population is living in extreme poverty. The traditional diet is of international concern due to micronutrient deficiencies and lack of diversity. As highlighted by the World Food Programme (WFP) of the United Nations, rationed food meets only a fraction of daily nutritional needs for many Cubans, leading to health issues. Historians believe
16590-539: The government arrested and imprisoned a large number of civil activists, a period known as the "Black Spring" . In February 2008, Fidel Castro resigned as President of the State Council due to the serious gastrointestinal illness which he had suffered since July 2006. On 24 February, the National Assembly elected his brother Raúl Castro the new president. In his inauguration speech, Raúl promised that some of
16748-518: The improvements were in and around some major coastal cities and the major islands such as Cuba, with its tobacco plantations , and a renewed growth of precious metals mining in South America. Agricultural productivity remained low despite efforts to introduce new techniques to what was for the most part an uninterested, exploited peasant and laboring groups. Governments were inconsistent in their policies. Though there were substantial improvements by
16906-658: The influx of tourists. The tourist boom led to increases in gambling and prostitution in Cuba . The Wall Street Crash of 1929 led to a collapse in the price of sugar, political unrest, and repression. Protesting students, known as the Generation of 1930, turned to violence in opposition to the increasingly unpopular Machado. A general strike (in which the Communist Party sided with Machado), uprisings among sugar workers, and an army revolt forced Machado into exile in August 1933. He
17064-543: The institutions of empire to better administer it for the benefit of Spain and the crown. It sought to increase revenues and to assert greater crown control, including over the Catholic Church. Centralization of power (beginning with the Nueva Planta decrees against the realms of the Crown of Aragon ) was to be for the benefit of the crown and the metropole and for the defense of its empire against foreign incursions. From
17222-495: The integrity of the closed Spanish mercantile system and established thriving sugar colonies. At the beginning of his reign, the first Spanish Bourbon, King Philip V, reorganized the government to strengthen the executive power of the monarch as was done in France, in place of the deliberative, Polysynodial System of Councils. Philip's government set up a ministry of the Navy and the Indies (1714) and established commercial companies,
17380-463: The island for the new Kingdom of Spain and named it Isla Juana ("John's Island") after John, Prince of Asturias . In 1511, the first Spanish settlement was founded by Diego Velázquez de Cuéllar at Baracoa . Other settlements soon followed, including San Cristobal de la Habana , founded in 1514 (southern coast of the island) and then in 1519 (current place), which later became the capital (1607). The Indigenous Taíno were forced to work under
17538-500: The islands of Gran Canaria (1478–1483), La Palma (1492–1493), and Tenerife (1494–1496) were subjugated. By 1504, more than 90 percent of the indigenous Canarians had been killed or enslaved. The Portuguese tried in vain to keep secret their discovery of the Gold Coast (1471) in the Gulf of Guinea , but the news quickly caused a huge gold rush. Chronicler Pulgar wrote that the fame of
17696-514: The lands adjoining it for the Spanish Crown. The Catholic Monarchs had developed a strategy of marriages for their children to isolate their rival, France. The Spanish princesses married the heirs of Portugal, England and the House of Habsburg . Following the same strategy, the Catholic Monarchs decided to support the Aragonese house of the Kingdom of Naples against Charles VIII of France in
17854-478: The largest labor union privileges in Latin America, including bans on dismissals and mechanization. They were obtained in large measure "at the cost of the unemployed and the peasants", leading to disparities. Between 1933 and 1958, Cuba extended economic regulations enormously, causing economic problems. Unemployment became a problem as graduates entering the workforce could not find jobs. The middle class, which
18012-427: The late 18th century, Spain was still an economic backwater. Under the mercantile trading arrangements it had difficulty in providing the goods being demanded by the strongly growing markets of its empire, and providing adequate outlets for the return trade. From an opposing point of view according to the "backwardness" mentioned above the naturalist and explorer Alexander von Humboldt traveled extensively throughout
18170-495: The late 1960s, Cuban instructors were providing military training to members of the Mozambique Liberation Front . Starting in 1968 a campaign titled the "revolutionary offensive" was initiated to nationalize all remaining private small businesses, which at the time totaled to be about 58,000 small enterprises. The campaign would spur industrialization in Cuba and focus the economy on sugar production, specifically to
18328-512: The long distance separating it from the Middle East, Castro's Cuba played an active role in the region during the Cold War. In 1972, a major Cuban military mission consisting of tank, air, and artillery specialists was dispatched to South Yemen . Cuban military advisors were sent to Iraq in the mid-1970s but their mission was canceled after Iraq invaded Iran in 1980. The Cubans were also involved in
18486-614: The mainland was Santa María la Antigua del Darién in Castilla de Oro (now Nicaragua , Costa Rica , Panama and Colombia ), settled by Vasco Núñez de Balboa in 1510. In 1513, Balboa crossed the Isthmus of Panama , and led the first European expedition to see the Pacific Ocean from the West coast of the New World. In an action with enduring historical import, Balboa claimed the Pacific Ocean and all
18644-461: The martial skills, were soon joined by a small band of political refugees from Santo Domingo. A number of these individuals had fought for Spain in Santo Domingo following its re-annexation (1861–65). When Spain quit Santo Domingo for the second time, some Dominican colonial officers immigrated to Cuba. Most were unable to find service in the Spanish army in Cuba. Some of these former soldiers joined
18802-405: The name Cuba comes from the Taíno language ; however, "its exact derivation [is] unknown". The exact meaning of the name is unclear, but it may be translated either as 'where fertile land is abundant' ( cubao ), or 'great place' ( coabana ). Humans first settled Cuba around 6,000 years ago, descending from migrations from northern South America or Central America. The arrival of humans on Cuba
18960-618: The new Revolutionary army and provided its initial training and leadership." Mercenaries from Canada, Colombia, France, Mexico, and the United States also joined the Cuban Revolutionary Army. Chinese nationals, brought to Cuba as indentured servants , also fought for the cause. By 1876, the Cuban Revolutionary movement was facing internal strife, largely driven by racial tensions. General Máximo Gómez surrendered his command after officers refused to follow his orders because he
19118-399: The new policy. In the first year of the program, over 180,000 left Cuba and returned. As of December 2014 , talks with Cuban officials and American officials, including President Barack Obama , resulted in the release of Alan Gross , fifty-two political prisoners, and an unnamed non-citizen agent of the United States in return for the release of three Cuban agents currently imprisoned in
19276-411: The next 25 years, at first through a series of puppet-presidents. The period from 1933 to 1937 was a time of "virtually unremitting social and political warfare". On balance, during the period 1933–1940 Cuba suffered from fragile political structures, reflected in the fact that it saw three different presidents in two years (1935–1936), and in the militaristic and repressive policies of Batista as Head of
19434-545: The papal bull Æterni regis (dated on 21 June 1481). However, this experience would prove to be profitable for future Spanish overseas expansion, because as the Spaniards were excluded from the lands discovered or to be discovered from the Canaries southward —and consequently from the road to India around Africa —they sponsored the voyage of Columbus towards the west (1492) in search of Asia to trade in its spices , encountering
19592-510: The party was to achieve Cuban independence from Spain. In January 1895, Martí traveled to Monte Cristi and Santo Domingo in the Dominican Republic to join the efforts of Máximo Gómez . Martí recorded his political views in the Manifesto of Montecristi . Fighting against the Spanish army began in Cuba on 24 February 1895, but Martí was unable to reach Cuba until 11 April 1895. Martí
19750-419: The population was considered poor and enjoyed relatively little of this consumption. However, in his " History Will Absolve Me " speech, Fidel Castro mentioned that national issues relating to land, industrialization, housing, unemployment, education, and health were contemporary problems. In 1958, Cuba was a well-advanced country in comparison to other Latin American regions. Cuba was also affected by perhaps
19908-590: The prototype for 20th-century concentration camps . Between 200,000 and 400,000 Cuban civilians died from starvation and disease in the Spanish concentration camps, numbers verified by the Red Cross and United States Senator Redfield Proctor , a former Secretary of War . American and European protests against Spanish conduct on the island followed. The U.S. battleship USS Maine was sent to protect American interests, but soon after arrival, it exploded in Havana harbor and sank quickly, killing nearly three-quarters of
20066-622: The remainder prisoner. Five rebel B-26s were shot down by the Cuban air force, and one was downed by anti-aircraft fire. In January 1962, Cuba was suspended from the Organization of American States (OAS), and later the same year the OAS started to impose sanctions against Cuba of similar nature to the U.S. sanctions. The Cuban Missile Crisis of October 1962 almost sparked World War III . In 1962, American generals proposed Operation Northwoods which would entail committing terrorist attacks in American cities and against refugees and falsely blaming
20224-509: The remainder were expelled from the island. U.S. casualties amounted to 19 killed, 116 wounded, and 9 helicopters destroyed. During the 1970s and 1980s, Castro supported Marxist insurgencies in Guatemala , El Salvador , and Nicaragua . Cuba gradually withdrew its troops from Angola in 1989–91. An important psychological and political aspect of the Cuban military involvement in Africa was the significant presence of black or mixed-race soldiers among
20382-409: The restrictions on freedom in Cuba would be removed. In March 2009, Raúl Castro removed some of his brother's appointees . On 3 June 2009, the Organization of American States adopted a resolution to end the 47-year ban on Cuban membership of the group. The resolution stated, however, that full membership would be delayed until Cuba was "in conformity with the practices, purposes, and principles of
20540-500: The right to legal representation upon arrest, recognizes private property, and strengthens the rights of multinationals investing with the state. Any form of discrimination harmful to human dignity is banned under the new constitution. Raúl Castro announced at the Eighth Congress of the Communist Party of Cuba , which began on 16 April 2021, that he was retiring as secretary of the Communist Party. His successor, Miguel Díaz-Canel,
20698-447: The ruling elite and the rising bourgeoisie, as well as divisions between peninsular Spaniards and Creoles in the Americas. These factors ultimately set the stage for the independence movements that began in the early 19th century, leading to the gradual disintegration of Spanish colonial authority. By the mid-1820s, Spain had lost its territories in Mexico, Central America, and South America. By 1900, it had also lost Cuba , Puerto Rico ,
20856-456: The rural Bajío faced rising land prices, falling wages. Eviction of many from their lands resulted. With a Bourbon monarchy came a repertory of Bourbon mercantilist ideas based on a centralized state, put into effect in the Americas slowly at first but with increasing momentum during the century. Shipping grew rapidly from the mid-1740s until the Seven Years' War (1756–63), reflecting in part
21014-619: The same amount of bread as any European city, with 363 kilograms of bread per person per year in comparison to the 377 kilograms consumed in Paris. Caracas consumed seven times more meat per person than in Paris. Von Humboldt also said that the average income in that period was four times the European income and also that the cities of New Spain were richer than many European cities. Bourbon institutional reforms under Philip V bore fruit militarily when Spanish forces easily retook Naples and Sicily from
21172-546: The success of the Bourbons in bringing illicit trade under control. With the loosening of trade controls after the Seven Years' War, shipping trade within the empire once again began to expand, reaching an extraordinary rate of growth in the 1780s. The end of Cádiz's monopoly of trade with the American colonies brought about very important changes, particularly a rebirth of Spanish manufactures. Most notable of those changes were both
21330-440: The thrones of the Crown of Aragon . The two became known as the Catholic Monarchs , with their marriage a personal union that created a relationship between the Crown of Aragon and Castile, each with their own administrations, but ruled jointly by the two monarchs. Ferdinand and Isabella defeated the last Muslim king out of Granada in 1492 after a ten-year war . The Catholic Monarchs then negotiated with Christopher Columbus ,
21488-484: The title of the Catholic Monarchs . Ferdinand of Aragon was particularly concerned with expansion in France and Italy, as well as conquests in North Africa. With the Ottoman Turks controlling the choke points of the overland trade from Asia and the Middle East, both Spain and Portugal sought alternative routes. The Kingdom of Portugal had an advantage over the Crown of Castile , having earlier retaken territory from
21646-522: The treasures of Guinea "spread around the ports of Andalusia in such way that everybody tried to go there". Worthless trinkets, Moorish textiles, and above all, shells from the Canary and Cape Verde islands were exchanged for gold, slaves, ivory and Guinea pepper. The War of the Castilian Succession (1475–79) provided the Catholic Monarchs with the opportunity not only to attack the main source of
21804-473: The treaty between Castile and Portugal as binding on themselves. Francis I of France observed "The sun shines for me as for others and I should very much like to see the clause in Adam's will that excludes me from a share of the world." Spanish settlement in the New World was based on a pattern of a large, permanent settlements with the entire complex of institutions and material life to replicate Castilian life in
21962-522: The unsuccessful Escambray rebellion (1959–65), which lasted longer and involved more soldiers than the Cuban Revolution. According to Amnesty International , official death sentences from 1959 to 1987 numbered 237 of which all but 21 were carried out. The vast majority of those executed directly following the 1959 Revolution were policemen, politicians, and informers of the Batista regime accused of crimes such as torture and murder, and their public trials and executions had widespread popular support among
22120-468: The viewpoint of Spain, the structures of colonial rule under the Habsburgs were no longer functioning to the benefit of Spain, with much wealth being retained in Spanish America and going to other European powers. The presence of other European powers in the Caribbean, with the English in Barbados (1627), St Kitts (1623–25), and Jamaica (1655); the Dutch in Curaçao , and the French in Saint Domingue (Haiti) (1697), Martinique , and Guadeloupe had broken
22278-463: The war. In 1742, the War of Jenkins' Ear merged with the larger War of the Austrian Succession , and King George's War in North America. The British, also occupied with France, were unable to capture Spanish convoys, and Spanish privateers captured British merchant shipping along the Triangle Trade routes and attacked the coast of North Carolina , levying tribute on the inhabitants. In Europe, Spain had been trying to divest Maria Theresa of
22436-488: The world by the Treaty of Tordesillas (1494), which gave Portugal Africa and Asia, and the Western Hemisphere to Spain. The voyage of Columbus, a Genoese mariner, obtained the support of Isabella of Castile, sailing west in 1492, seeking a route to the Indies. Columbus unexpectedly encountered the New World , populated by peoples he named "Indians". Subsequent voyages and full-scale settlements of Spaniards followed, with gold beginning to flow into Castile's coffers. Managing
22594-400: Was Dominican. At the same time, the campaign against Antonio Maceo, a mulatto leader, grew stronger as white factions sought to undermine his leadership because of his race. These racial divisions contributed to a decline in morale within the Revolutionary Army. The United States declined to recognize the new Cuban government, although many European and Latin American nations did so. In 1878,
22752-474: Was a century of prosperity for the overseas Spanish Empire as trade within grew steadily, particularly in the second half of the century, under the Bourbon reforms. Spain's victory in the Battle of Cartagena de Indias against a British expedition in the Caribbean port of Cartagena de Indias helped Spain secure its dominance of its possessions in the Americas until the 19th century. But different regions fared differently under Bourbon rule, and even while New Spain
22910-453: Was comparable to that of the United States , became increasingly dissatisfied with unemployment and political persecution. The labor unions, manipulated by the previous government since 1948 through union "yellowness", supported Batista until the very end. Batista stayed in power until he resigned in December 1958 under the pressure of the US Embassy and as the revolutionary forces headed by Fidel Castro were winning militarily (Santa Clara city,
23068-403: Was defeated in Italy by an alliance of Britain, France, Savoy, and Austria. Following the war, the new Bourbon monarchy took a much more cautious approach to international relations, relying on a family alliance with Bourbon France, and continuing to follow a program of institutional renewal. The crown program to enact reforms that promoted administrative control and efficiency in the metropole to
23226-432: Was elected president by the National Assembly following parliamentary elections . Raúl Castro retired as First Secretary of the Communist Party in 2021 and Díaz-Canel was elected. Cuba is a socialist state , in which the role of the Communist Party is enshrined in the Constitution . Cuba has an authoritarian government where political opposition is not permitted. Censorship is extensive and independent journalism
23384-479: Was four times the amount that had arrived between 1760 and 1790. In 1812, the Aponte Slave Rebellion took place, but it was ultimately suppressed. The population of Cuba in 1817 was 630,980 (of which 291,021 were white, 115,691 were free people of color (mixed-race), and 224,268 black slaves). In part due to Cuban slaves working primarily in urbanized settings, by the 19th century, the practice of coartacion had developed (or "buying oneself out of slavery",
23542-501: Was killed in the Battle of Dos Rios on 19 May 1895. His death immortalized him as Cuba's national hero. Around 200,000 Spanish troops outnumbered the much smaller rebel army, which relied mostly on guerrilla and sabotage tactics. The Spaniards began a campaign of suppression. General Valeriano Weyler , the military governor of Cuba, herded the rural population into what he called reconcentrados , described by international observers as "fortified towns". These are often considered
23700-404: Was little apparent wealth and the numbers of indigenous were declining. Those from the less prosperous Hispaniola were eager to search for new success in a new settlement. From there Juan Ponce de León conquered Puerto Rico (1508) and Diego Velázquez took Cuba . Columbus encountered the mainland in 1498, and the Catholic Monarchs learned of his discovery in May 1499. The first settlement on
23858-412: Was non-existent, their conditions were much better than any other peasant or farmer in northern Europe . Humboldt also published a comparative analysis of bread and meat consumption in New Spain compared to other cities in Europe such as Paris. Mexico City consumed 189 pounds of meat per person per year, in comparison to 163 pounds consumed by the inhabitants of Paris, the Mexicans also consumed almost
24016-402: Was particularly prosperous, it was also marked by steep wealth inequality. Silver production boomed in New Spain during the 18th century, with output more than tripling between the start of the century and the 1750s. The economy and the population both grew, both centered around Mexico City. But while mine owners and the crown benefited from the flourishing silver economy, most of the population in
24174-426: Was replaced by Carlos Manuel de Céspedes y Quesada . In September 1933, the Sergeants' Revolt , led by Sergeant Fulgencio Batista , overthrew Céspedes. A five-member executive committee (the Pentarchy of 1933 ) was chosen to head a provisional government. Ramón Grau San Martín was then appointed as provisional president. Grau resigned in 1934, leaving the way clear for Batista, who dominated Cuban politics for
24332-476: Was restored when José Miguel Gómez was elected president, but the U.S. continued intervening in Cuban affairs. In 1912, the Partido Independiente de Color attempted to establish a separate black republic in Oriente Province, but was suppressed by General Monteagudo with considerable bloodshed. In 1924, Gerardo Machado was elected president. During his administration, tourism increased markedly, and American-owned hotels and restaurants were built to accommodate
24490-412: Was slower than the growth of illicit trade by northern rivals in the empire's markets.) However, this recovery was not then translated into institutional improvement, rather the "proximate solutions to permanent problems." This legacy of neglect was reflected in the early years of Bourbon rule in which the military was ill-advisedly pitched into battle in the War of the Quadruple Alliance (1718–20). Spain
24648-403: Was the first document to establish an administrative organization in the Indies. Columbus' discoveries began the Spanish colonization of the Americas . Spain's claim to these lands was solidified by the Inter caetera papal bull dated 4 May 1493, and Dudum siquidem on 26 September 1493. Since the Portuguese wanted to keep the line of demarcation of Alcaçovas running east and west along
24806-457: Was the lifeblood of the Habsburg empire declined in proportion to registered shipping (a shipping registry having been established in 1735). Two upheavals registered unease within Spanish America and at the same time demonstrated the renewed resiliency of the reformed system: the Tupac Amaru uprising in Peru in 1780 and the rebellion of the comuneros of New Granada , both in part reactions to tighter, more efficient control. The 18th century
24964-399: Was voted in on 19 April. In July 2021, there were several large protests against the government under the banner of Patria y Vida . Cuban exiles also conducted protests overseas. The song associated with the movement received international acclaim including a Latin Grammy Award . Spanish Empire The Spanish Empire , sometimes referred to as the Hispanic Monarchy or
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