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Cuba Standard

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
Rep. Kathy Castor is leading a seven-member bipartisan Congressional delegation to Cuba that examines progress made since the restoration of full diplomatic relations last year Continue reading
In June last year, Carlos Gutierrez -- Secretary of Commerce under George W. Bush -- went on the record regarding a change of mind on Cuba policy Continue reading
Blaming technical difficulties, Banco Metropolitano announced Feb. 5 that customers are restricted to one ATM cash withdrawal per day Continue reading
Accompanied by his government's top economic managers, President Raúl Castro landed in a Cubana Il-96 jet at the Paris-Orly airport Saturday afternoon for an official visit of France that is expected to be heavy on finance, trade and investment. Continue reading
CUBA STANDARD — In another round in the gradual easing of U.S. sanctions, the Obama administration published amended regulations effective today that allow U.S. companies to sell a broader range of goods to Cuba — including on credit and to state companies — and permit airlines to interact with Cuba on a broader base. After publishing easing measures in January and September […] Continue reading
Taking advantage of eased U.S. travel regulations and rising demand for Cuba travel in the United States, Copa Air began advertising its Cuba flights among American customers Continue reading
José Manuel Pallí argues that, as long as the embargo remains in place, the response from the Cuban side will be slow and anything but bold. Continue reading
A State Department official says a review of Cuba’s status on the list of countries that harbor terrorists began immediately when President Obama announced his policy changes towards the island more than a month ago. Continue reading
By Ana Radelat WASHINGTON — Perhaps the toughest thing for President Obama to do to implement his new Cuba policy is naming a U.S. ambassador to Cuba who will implement the president’s goal of resuming full diplomatic relations with the island. Obama’s problems are political — both in Washington and Havana. The candidate must be respected […] Continue reading
Partisan resistance will soon fade, but the U.S. voices who really know Cuba could be shouted down by those of the 'from-a-distance school of studies, who have not set foot in Cuba for decades Continue reading
The U.S. president will have to work with Congress and Havana to make the move towards normalization effective. But for now, all eyes are on the executive branch and OFAC Continue reading
CUBA STANDARD — In the wake of a prisoner swap that freed USAID subcontractor Alan Gross and the remaining three of the Cuban Five, the White House announced steps to ease the U.S. embargo against Cuba. The executive steps include establishing full diplomatic relations, possibly removing Cuba from the Department of State’s list of “terror-sponsoring […] Continue reading
CUBA STANDARD — In the wake of a prisoner swap that freed USAID subcontractor Alan Gross and the remaining three of the Cuban Five, the White House announced steps to ease the U.S. embargo against Cuba. The executive steps include establishing full diplomatic relations, possibly removing Cuba from the Department of State’s list of “terror-sponsoring […] Continue reading
Dr. Félix Báez Sarría is currently being treated by British doctors at the Kerry Town facility for UN personnel in Sierra Leone, but the United Nations' World Health Organization is flying him to Switzerland where he will be treated at the University Hospitals of Geneva (HUG) Continue reading
Tim Ashby, a lawyer and former Commerce Department official, suggests that the president could ease the embargo, using his executive authority to liberalize trade and travel to the island Continue reading
Apparently taking a reverse clue from "Cool Runnings", a Calgary-based travel company is offering a cruise for ice hockey fans in Cuba's cozy waters Continue reading
Cuba’s Instituto Nacional de la Vivienda and the two housing laws that have historically been used to manage Cuba’s housing stock seem to be heading in the same direction as Cuba's military icons: They may never die; they are just fading away Continue reading
Reviving a regional integration initiative that has lost steam since the death of Hugo Chávez, Cuba will host a summit of ALBA bloc leaders in Havana to coordinate efforts to fight Ebola, both in Africa and Latin America Continue reading
As the Cuban metals remain off-limits for the U.S. industrial consumer, this analysis is looking at the issue from a perspective of U.S. resource security Continue reading
CUBA STANDARD — Natural disasters and politics are, of course, unpredictable, but other aspects that shape an economy can be measured, trends can be laid out, and forecasts can be made — even in an economy notorious for its information deficit and the lack of clear signals. Welcome to the Cuba Standard Economic Trend Index, the first […] Continue reading
CUBA STANDARD — Natural disasters and politics are, of course, unpredictable, but other aspects that shape an economy can be measured, trends can be laid out, and forecasts can be made — even in an economy notorious for its information deficit and the lack of clear signals. Welcome to the Cuba Standard Economic Trend Index, the […] Continue reading
Regarding U.S. claims that are still unresolved, the easiest path seems to be the opening of direct negotiations between the two countries. That said, I would not hesitate, if I were advising a U.S. national to approach Cuban authorities directly, on an individual basis. Continue reading
One year after the beginning of Brazil's Mais Médicos program, Brazil said it will continue the contracting of doctors from the Cuban government. The program generates more than $500 million in revenues a year for Cuba. Continue reading
State biotech company Labiofam is beginning construction of the first facility for bio-plaguicides and bio-fertilizers in Villa Clara Continue reading
Apparently fearing sanctions-easing steps by the president, 17 members of the U.S. Congress, most of them Democrats, sent an open letter to Barack Obama, asking him to reaffirm his support for the U.S. embargo against Cuba Continue reading
The annual meeting of the Association for the Study of the Cuban Economy (ASCE) in Miami features a record number of presenters from Cuba Continue reading
Yunieski Gourriel sets a political precedent that challenges Major League Baseball's restrictive practice regarding Cuba Continue reading
Cuba's official media are closely following the creation of a new $100 billion development bank that may offer lower-cost lending alternatives outside the realm of Washington and Wall Street Continue reading
Cuba's religious stew; Praise be to Our Lady of Charity; The Black Virgin dressed in blue; The Pope comes to Cuba; The Jewish community in Cuba; The secrets of the saints; Alicia Leal; El Gato Tuerto; El Litoral Continue reading
The graft trial in a Havana provincial court against Cy Tokmakjian and two Canadian employees ended, and sentencing is pending Continue reading
By José M. Pallí, esq. The first time I was approached by someone eager to get my advice on what to do in order to be better prepared ­cuando llegue el momento — when the time comes — to re-claim those properties their family owned in Cuba at the dawn of the Cuban Revolution was in [...] Continue reading
CUBA STANDARD — Bringing the number of large-scale solar parks on the island to 14, Cuba is building seven photovoltaic parks this year, official daily Granma reported. The seven new parks will add 8.15 megawatts to the island’s growing renewable-energy portfolio. Cuba is planning to increase the share of renewable energy from 4% today — most [...] Continue reading
CUBA STANDARD — Shifting the emphasis of two long-time partners’ relations from politics to business, Angolan President José Eduardo dos Santos during a two-day visit to Cuba toured the Mariel Special Development Zone (ZEDM). Angola and Cuba, partners since the African country’s independence struggle in the 1970s, have cooperated mainly in healthcare, education, sports, fishing and [...] Continue reading