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The fraction is 0.00021. The percentage is 0.021%. Still small though.

for context: Russia has 12 times more proven oil reserves (http://en.wikipedia.org/wiki/List_of_countries_by_proven_oil...). Now imagine russians in this situation.

Well, Russia just wrote off $32 billions of Cuba debt[1]. I'm not telling that this is the same thing, but still...

that's really unusual for Russians. Cuba has plenty of peninsulas waiting be annexed... :)

It was supposed to be a snub at the US, as we recently renewed trade sanctions against Cuba.

None of that money is used to pay for this.

Well, indirectly it might be, as some of the profits from invested oil money are made available to the government to spend each year.