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Cuba Standard

CUBA STANDARD — In a move that will likely have a negative impact on Cuba’s ambitious plans for the cooperative sector, the finance ministry ordered the shutdown of Scenius, one of the fastest-growing new cooperatives in Cuba. Scenius, started two-and-half years ago by a group of accountants and other professionals, provides accounting services almost exclusively to […] Continue reading
Anatomy of a fake fact Continue reading
So you have a copy of the title document whereby your aunt Yuya took title to a parcel of land in Cuba back in, say, the 1940s. What does it mean for Aunt Yuya's heirs of recovering title to that property? Continue reading
Cubans who want to get back the property their families owned before the Revolution must understand that their only venue is a Cuban court, ruling under Cuba’s laws Continue reading
As his administration has yet to announce the results of its review of U.S. Cuba policy, President Trump issued a statement that seems to describe the Cuban system as "cruel despotism". Raúl Castro said Trump makes "contradictory and clumsy pronouncements". Continue reading
A Cuba Standard lecture at the Poynter Institute, St. Petersburg, Fla., Apr. 24, 2017 Continue reading
What happens to the shares of a Cuban joint venture company when the foreign party is taken over by another company or wants to sell its stake to a third party? Continue reading
Sarah Stephens: 43 days in, and the Trump administration has made no changes to the Cuba policy Continue reading
CUBA STANDARD — As the oil price has begun to climb out of the basement, on-shore exploration in Cuba is showing signs of life, and Cuba is readying another round of bidding for offshore blocks later this year, a couple of hundred oil and gas industry players are gathering in Havana this week to find […] Continue reading
As a Cuban delegation is touring southeastern U.S. ports, Rick Scott tweeted he would cut funding to Florida ports that 'work with Cuba' Continue reading
The case was OFAC's first travel-related enforcement action in a decade Continue reading
The move closes a gap through which a rising number of Cubans have been entering the United States, and it takes a controversy off the shoulders of his successor Continue reading
Opponents of U.S.-Cuba normalization have taken full advantage of the fact-free character of recent political debate in the United States to spread a variety of myths. Cuba expert William LeoGrande dispels them Continue reading
75% of U.S. adults approve of the current normalization policy with Cuba, and 73% favor ending U.S. sanctions against Cuba Continue reading
The only project that might be affected by the freezing of funds by development bank BNDES is the buildout of the first phase of the Mariel Special Development Zone by a subsidiary of Grupo Odebrecht Continue reading
In the tourism sector, reversing the U.S. opening to Cuba would be counter to U.S. interests, argue Richard Feinberg and Richard Newfarmer Continue reading
This is a time when all Cubans should try to channel emotions and all their energy towards a single common goal: unity Continue reading
Julia Sagebien: "If as president you want to get a better deal on Cuba, I suggest you just apply the 11 negotiating tactics that inspired your book" Continue reading
Julia Sagebien: On Cuba policy, as on many other fronts, the Trump presidency presents a whole new set of complex dynamics Continue reading
CUBA STANDARD — With Donald J. Trump moving into the White House in January, a big question mark is hovering over the U.S.-Cuban normalization process begun by his predecessor, possibly removing a keystone from Havana’s foreign policy and a driver of economic growth for the island. The president-elect — who sent his executives to Cuba in the 1990s […] Continue reading
CUBA STANDARD — No matter how sound their business plans are, European investors in Cuba, competing for a $500 million Havana airport project and more than $1 billion worth of renewable-energy projects, are facing an uphill struggle to obtain funding. That’s due to a toxic mix of European banks’ fear of U.S. sanctions and Cuba’s […] Continue reading
When you watch today's Donald Trump back at the Versailles restaurant saying exactly the same thing to mostly the same crowd as in 1999, is there any lesson we Cuban Americans can learn? Continue reading
No official damage assessments have been made, but recovery and reconstruction will be costly Continue reading
The city of Baracao will bear the brunt of a slightly weakened Hurricane Matthew in a few hours Continue reading
Look at the big picture! Continue reading
This article is the second of two on the leading U.S. presidential candidates and their expected Cuba policies; Donald Trump’s anticipated policies were the subject of an article in July Continue reading
Cuba is amid negotiations with foreign investors for the construction of 150 megawatts of utility-scale photovoltaic projects, and another 200 mw may be up for grabs eventually, Cuban officials announced Continue reading
Continue reading
This is the second of a new breed of events in Cuba co-hosted by U.S. and Cuban organizers, with major backing by Cuban authorities Continue reading
According to official statistics, 27.1% of all Cubans — or 3.05 million people — had access to the Internet in 2014. Considering the access growth rate over the past few years, by mid-2016, roughly every third Cuban should be connected to the web. Continue reading
This article is the first of two on the leading U.S. presidential candidates and their expected Cuba policies Continue reading
To prevent the return of cowboy capitalism requires access to company information and careful analysis of potential partners Continue reading
Despite Cuba's economic challenges, international trading partners and creditors are staying the course Continue reading
Zona+ is a food and personal hygiene product store "dedicated to the cuentapropista segment of the market" Continue reading
CUBA STANDARD — Hit by a triple punch of plummeting prices for its commodity exports, shrinking healthcare export revenues, and increased debt service commitments, Cuba is facing yet another liquidity crisis, stalling growth this year and forcing cutbacks. On July 8, President Raúl Castro broke the bad news to the National Assembly that Cuba’s GDP […] Continue reading
CUBA STANDARD — Following the approval of U.S. scheduled flights to provincial airports in June, the U.S. Department of Transportation on July 7 “tentatively approved” eight airlines to fly to Havana from 10 U.S. airports. If all flights were cleared for take-off, the bidding airlines would face a major challenge to fill seats — particularly to provincial airports […] Continue reading
In recent months, U.S. lawyers who specialize in Cuba-related trade issues say they have their phones ringing off the hook with calls from companies big and small with plans to cash in. Continue reading
Déborah Rivas Saavedra, general director of investments at the Ministry of Foreign Trade and Investment, sat down with Cuba Standard columnist Domingo Amuchastegui in Havana to talk about the Mariel Special Development Zone, the application process for foreign investors, hiring, and more.  Last year, we were told by Cuban officials that 400 projects have been […] Continue reading
A short answer to the question whether to buy real estate in Cuba, anchored in three basic principles Continue reading
The new route comes as tourism from Germany grew 26% last year Continue reading
If the number of U.S. visitors to Havana booms as expected, Cuban authorities will have to find a solution to relieve the bottleneck at Terminal 2 of José Martí International Airport. With neither cash nor time for a major upgrade, the top option would be to divert part of the U.S. flights to other, already crowded, terminals. But there's another alternative, at least temporarily. Continue reading
A 2006 Rolling Stones concert at Copacabana Beach in Rio de Janeiro drew 1.3 million fans Continue reading
CUBA STANDARD — Two days after the Obama administration’s March 15 announcement to de-penalize the use of U.S. dollars, the Cuban government said it may end a 10% surtax on the exchange of dollars in the island. The Cuban measure will be effective as soon as Cuban institutions are allowed to use US dollars without being penalized, Foreign […] Continue reading
CUBA STANDARD — With Secretary of State John Kerry, Secretary of Commerce Penny Pritzker, Agriculture Secretary John Vilsack, and Small Business Administration chief Maria Contreras-Sweet — as well as the First Lady and his two daughters — in tow, Barack Obama is scheduled to arrive in Cuba March 21. His two-day visit, the second ever […] Continue reading
José Pallí explores the possible ways in which the two sides could begin moving towards resolving claims in the immediate future, under the Cuban legal system Continue reading