August 2018
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Ha contratado al abogado que ganó un caso de deuda contra Argentina Continue reading
Cuban President Miguel Diaz-Canel promptly dismissed such a notion. “[Former Cuban … brother Fidel Castro, the former Cuban president who craved the world … founder and head of the Cuban Revolutionary Armed Forces, Raul Castroâ … reduced to a drip, and Cuba remains knee-deep in debt. Diaz-Canel … Continue reading
… wrote off Cuba’s official debt to Vietnam. The Cuban media gave … of Havana that was open to the public and hosted by Cuba … the Cuba media mentioned the remarks about economic reform. The Cuban Communist … economic reform within the Cuban Communist Party? As Cuba inaugurates a new … Continue reading
… stash some cash, right, Mark Cuban? Not so much. “I hate … ounce of hot sauce.” Instead, Cuban says retail investors should get … day (see below) shows that Cuban isn’t the only one … . Overall, paying down debt — like Cuban advised above — is the most … Continue reading
… stash some cash, right, Mark Cuban? Not so much. “I hate … ounce of hot sauce.” Instead, Cuban says retail investors should get … day (see below) shows that Cuban isn’t the only one … . Overall, paying down debt — like Cuban advised above — is the most … Continue reading
… the war on terrorism,” the Cuban-American news outlet Martí Noticias reports … brought up the possibility of Cuban investment in the Iraqi economy … , who traveled to Cuba for a medical procedure. Cuba condemned the execution … , Ecuador, and Venezuela, thanks to Cuban communist diplomacy. Tehran’s grip … Continue reading
… , Ibrahim Al-Jaafari, has called on Cuba to cooperate in tackling its … . Al-Jaafari received the new non-resident Cuban Ambassador and raised the issue … in the country, from which Cuban companies can benefit while contributing … cultural cooperation between Baghdad and Havana. Ambassador Vega stressed his country … Continue reading
14ymedio, Havana, 6 March 2108– Cuban state companies intending to import goods valued at more than $100,000 must obtain a letter of credit from the Central Bank, “at a time when the country is struggling with a liquidity crisis and growing debt,” Reuters reported on Tuesday. According to Central Bank Resolution 19/2018, which came into effect this … Continue reading "Cuban Government Establishes New Restrictions on Imports of State-Owned Companies" Continue reading
HAVANA, March 6 (Reuters) - Cuba has imposed new restrictions on … “the foreign debt continues growing.” Cuba’s government frequently regulates demand … state companies beginning in 2016. Cuban exports of goods and services … said. Pavel Vidal, a former Cuban central bank monetary specialist, said … Continue reading
Ivan Garcia, 21 February 2018 — Political honesty is worth its weight in gold. That is why history values those words of Winston Churchill, probably the most influential British and European statesman, when on May 13, 1940, in his first speech as Prime Minister before the House of Commons, he uttered a phrase which was attributed to … Continue reading "Will It Take Blood Toil Tears and Sweat to Emerge From the Olive Green Disaster? / Iván García" Continue reading
Juan Juan Almeida, 23 February 2018 — The well-known plastic artist Alexis Leyva Machado, known as Kcho, an emblematic figure of official cultural, was transferred from the house where he was receiving treatment to fight a severe drug addiction to a holding center to legally prosecute him for being involved in various criminal actions. With the … Continue reading "Kcho in the Hands of Raul Castro / Juan Juan Almeida" Continue reading
14ymedio, (with information from agencies), Havana, 13 February 2018 — The London Club, a powerful group that offers commercial credit to Cuba, offered the Government of Raul Castro “significant debt relief,” according to the Club’s coordinator Rodrigo Olivares-Caminal, speaking to Reuters. The London Club represents three investment funds (Stancroft Trust, Adelante Exotic and CRF) and a commercial bank to … Continue reading "London Club Offers Cuba "Significant Debt Relief"" Continue reading
… a proposal sent to cash-strapped Havana in late January, according to … even more generous to the Cubans." Under the 2015 deal … structured over 18 years, and Havana paid the first two installments … sectors like manufacturing and agriculture. Cuba does not publish up-to-date information … Continue reading
La isla continúa excluida de los mercados internacionales Continue reading
Puerto Rico was devastated by Hurricane Maria in September last year (Photo: AP) San Juan, January 29 (RHC)-- Puerto Rico says after the island was hit by the devastating Hurricane Maria in September last year, it will not pay any of its debt service … Continue reading
14ymedio, Havana, 18 January 2018 — Ordinary Cubans are helping the Colon Free Zone (CFZ) to make up for the decline in purchases from Venezuela, whose profound economic crisis is having a strong negative impact on the largest free zone in the world, located on Panama’s Atlantic coast. According to the CFZ’s manager, Manuel Grimaldo, … Continue reading "More Than 15,000 Cubans Spend 100 Million Dollars a Year in the Colon Free Zone" Continue reading
Cubaeconomí, Elias Amor Bravo, 5 January 2018 – The Castro regime, in its urgent need to find external financing for the economy, has developed a strategy of approaching the European Union that has come to an end, at least for the moment, with the recent visit of Federica Mogherini to Havana. The agreement is a vague … Continue reading "Mogherini’s Real Interest in Havana" Continue reading
Ivan Garcia, 9 January 2017 — Jumping from a conversation about football one about Cuban domestic politics is not exactly an exercise in rational balance. That is why Eduardo, a veterinarian in a cooperative outside Havana, responded with a prolonged silence when the street debate took an unexpected turn. The group was chatting in a corner in … Continue reading "Raul Castro Postpones His Retirement / Iván García" Continue reading
… , 2018 (GLOBE NEWSWIRE) -- Telco Cuba, Inc. / Amgentech Holdings, Inc … uncertainty in the country of Cuba has caused the company to … may provide an inroad into Cuba.  Lastly, the company has terminated … its corporate name from Telco Cuba, Inc. to Amgentech Holdings, Inc … Continue reading
Ivan Garcia, 2 January 2018 — When the old Soviet-era truck was parked in front of a pharmacy in Havana’s La Víbora neighborhood, a line of more than thirty people soon formed to acquire some of the medicines unloaded. Nearby, at the entrance of a produce market, dozens of retirees and housewives waited to buy tomatoes. In the … Continue reading "Cuba 2017: Waiting for a Miracle / Iván García" Continue reading
14ymedio, Mario Penton, Miami, 19 December 2017 — It was December 2007 when Hugo Chávez, in the company of Raúl Castro and a dozen Caribbean leaders, celebrated the PetroCaribe summit in Cienfuegos. For this city of 200,000 that Fidel Castro wanted to turn into the industrial heart of the country, the reactivation of the Camilo Cienfuegos refinery, … Continue reading "Cienfeugos Refinery Needs 5 Billion Dollar Upgrade" Continue reading
EFE / via 14ymedio, Havana, 21 December 2017 — The president of Cuba, Raúl Castro, confirmed on Thursday that he will leave office on April 21, after the Cuban Parliament extended his current mandate until that date, a mandate which was due to end on February 24. “When the National Assembly is constituted I will … Continue reading "Raul Castro Confirms He Will Leave the Presidency and Urges Elimination of Dual Currency" Continue reading
Iván García, 20 November 2017 — While Robert Gabriel Mugabe, the oldest dictator in the world at age 93, was giving a televised statement from Harare, surrounded by soldiers and elegantly-dressed officials, many miles away from Zimbabwe, Edna, a history professor at a pre-university, was washing clothes in Havana, in an anachronistic Aurika from the … Continue reading "The Crisis in Zimbabwe is Barely Mentioned in the Cuban Media / Iván García" Continue reading
Regina Coyula, 25 April 2017 — I had thought of writing about the first impressions that Bogota has left me, impressions deepened by the contrast of a people so warm that they do not seem to carry the burden of six decades of violence. I had thought of writing about a city dominated by churches … Continue reading "A Debt to Bogota / Regina Coyula" Continue reading
Caracas, November 15 (RHC)-- In Venezuela, the Presidential Commission to renegotiate the terms of the foreign debt of Venezuela and the state oil company Pdvsa held on Monday their first meeting with bondholders and creditors, with the aim of initiating … Continue reading
14ymedio, Marcelo Hernandez, Havana, 7 November 2017 — “Sometimes I dream that I’ve returned to Moscow but the contours of the buildings look blurry,” confesses Valentina Rodriguez, 72. She married a Cuban who studied at a university in Moscow in the ‘80s and who lived for many years in Havana until she emigrated to the … Continue reading "The Traces of Russia in Cuba: ‘Bolos’, Kamaz, ‘Polovinos’" Continue reading
CUBA STANDARD — The same day President Donald Trump was thanking the Communist leaders of China for a “beautiful welcome” in Beijing, his administration published tightened Cuba sanctions that prohibit any business with 180 armed forces-controlled entities (See list page 9) and greatly reduce individual travel. The amendments to the Cuban Assets Control Regulations (CACR) […] Continue reading
Caracas, November 4 (RHC)-- The Venezuelan government will refinance and restructure the country's foreign debt in order to overcome the "blockade and foreign persecution," and to continue its social programs, said Venezuelan President … Continue reading
14ymedio, Zunilda Mata, Havana, 3 November 2017 – Italian diapers and Caterpillar tractors have been the stars of the 2017 Havana International Fair (Fihav), which brings together more than 3,000 entrepreneurs from 63 countries, including the United States, this Friday. Both products will have a presence on the island if conditions agreed with the manufacturers … Continue reading "Diapers and Tractors Connect With Real Needs at the Havana Fair" Continue reading
By Marc Frank HAVANA, Oct 18 (Reuters) - Cuba paid the second … seen as a step toward Cuba rejoining the international financial community … sanctions on development assistance to Cuba. European diplomats have said they … with knowledge of the negotiations. Cuba does not publish up-to-date information … Continue reading
14ymedio, Mario Penton, Miami, 12 October 2017 — Russia is again aiding Cuba and, as with the Soviet Union in the 1970s and 1980s, the aid comes in the form of oil. Moscow is trying to compensate for the collapse of Venezuelan shipments, but part of the bill comes from Caracas, says Jorge Piñón, director of … Continue reading "Venezuela Finances Russian Oil Coming To Cuba" Continue reading
… ravished island. More than 750 Cuban physicians have been dispatched to … will maintain daily communication with Havana in order to stay informed … Medical Cooperation. She noted that Cuba has sent medical brigades to … . Pardo emphasised that in Barbuda, Cuba’s 43 physicians weathered the … Continue reading
CUBA STANDARD — Scraping along most of Cuba’s northern coastline during 72 hours, Hurricane Irma claimed at least 10 lives and caused major damage to much of the island, knocking out the entire national power grid and devastating the tourism infrastructure in the northern keys. Loss of life is an unusual occurrence in Cuba, which prides itself of world-class hurricane preparation and response. However, this Category-5 storm […] Continue reading
Editor's note: The following column originally appeared in The Resurgent. Let’s be honest here. The Republicans in Congress were always going to find some deal with the Democrats. They were always going to find a way to surrender ultimately. What … Continue reading
… pure classic Donald Trump," Cuban said. "I thought it … months for the debt ceiling. Cuban, often critical of Trump, has … Public Policy Polling found that Cuban, presumed in the poll to … ;These are always entertaining," Cuban told Business Insider in an … Continue reading
Billionaire entrepreneur Mark Cuban applauded President Trump for making … thought it was really smart,” Cuban told the FOX Business Network … playing partisan politics,” he said. Cuban also weighed in on President … Continue reading
14ymedio, Miriam Celaya, Havana, 6 August 2017 – Only half a year before the announced general-president Raúl Castro’s departure from his duties as President of Cuba, it is still not known with certainty who his successor will be. It is undeniable is that whoever the Power choses to give continuity to the failed socio-political and economic … Continue reading "The Enigmas of Successions" Continue reading
14ymedio, Mario Penton, Miami, 4 August 2017 – “It doesn’t matter when, all we get are feathers,” complains the father of a family, disgusted on finding no kind of meat other than chicken in the Hard Currency Collection Stores (TRD), the state chain that sells only in Cuban Convertible Pesos (CUC). Since the beginning of … Continue reading "Cuba Has No Plan B To Make Up For The Loss Of Venezuela" Continue reading
14ymedio, Yoani Sanchez, 4 August 2017 – Each ruler leaves his imprint. More than a decade ago Fidel Castro relinquished power and his brother promised continuity; but he dismantled the boarding high schools in the countryside, the army of social workers and the open anti-imperialist rallies. This coming February, Miguel Diaz-Canel could assume the presidency … Continue reading "Miguel Diaz-Canel, A Future Lenin Moreno?" Continue reading
… Venezuelan debt, as well as Cuba, Bolivia and Nicaragua. Diving currency … Continue reading
… Venezuelan debt, as well as Cuba, Bolivia and Nicaragua. The uncertainty … Continue reading
… Venezuelan debt, as well as Cuba, Bolivia and Nicaragua. Diving currency … Continue reading
Attorney Advertising PLANTATION, FL, UNITED STATES, July 25, 2017 / -- Ackerman, Link & Sartory, P.A. and David A. Weintraub, P.A. are investigating investors’ potential claims against UBS Financial, Merrill Lynch and other … Continue reading
14ymedio Marcelo Hernandez, Havana, 18 July 2017 — “Everything smells like rotten mango,” says Pascual Rojas, who lives on the outskirts of Manuel Tames, a Guantanamo municipality where part of the mango harvest has been lost, leaving a total of 2,600 metric tons of rotten fruit in recent weeks. “The rains of May and June … Continue reading "The Year Of The Lost Mangos" Continue reading
Cuba courted in diplomatic push on Venezuela crisis
Colombian president flies to Havana to seek support for regional
John Paul Rathbone in Miami

Juan Manuel Santos, Colombia's president, was set to fly to Cuba on
Sunday on a mission to convince Havana to support a regional diplomatic
push to staunch Venezuela's growing crisis, which has left 90 dead after
three months of protests.

The initiative, which Argentina and Mexico are understood to support, is
controversial but potentially effective as socialist Cuba is Venezuela's
strongest ally and its intelligence services are understood to work as
close advisers to Nicolás Maduro, Venezuela's embattled president.

"Santos is one of the few people, perhaps the only one, who knows the
three key players well," said one person with an understanding of the
situation. "He knows Maduro and Venezuela, he knows Raúl Castro, and he
knows Donald Trump and the US state department."

The diplomatic initiative comes at a critical time for Venezuela, as Mr
Maduro moves to rewrite the Opec country's constitution to cement the
ruling Socialist party's control by installing Soviet-style communes. An
early gauge of the regional diplomacy's success will be if Mr Maduro
cancels the July 30 constitutional convention to create a legislative

Venezuela's opposition on Sunday mounted a symbolic referendum against
the convention, which polls show three-quarters of Venezuelans oppose.
The convention is widely seen as a point of no return for Venezuela.

Early indications suggested the referendum was passing peacefully.
Opposition activists posted photographs on social media of long lines of
people outside impromptu polling stations, not only in Venezuela but in
towns and cities worldwide, from Australia to Malaysia to Saudi Arabia
and Italy, where Venezuelans living abroad were invited to vote.

Julio Borges, the head of the National Assembly, or parliament, told a
news conference in Caracas on Sunday he hoped the exercise would serve
as "a great earthquake, that shakes the conscience of those in power".

The government has played down the popular vote, which is non-binding.
It says the real election will come on July 30, although some analysts
have suggested there is still time for Mr Maduro to change his mind.

"To the extent that the [opposition referendum] prompts even
more . . . pushback . . .[it] could prompt [Maduro] to back down," Risa
Grais-Targow, analyst at Eurasia, the risk consultancy, wrote on Friday.
But "if Maduro does hold the vote on 30 July, it will represent a new
apex in the country's ongoing political crisis. It will also test the
loyalty of the security apparatus, as the opposition will likely
mobilise significant protests across the country".

Mr Santos has worked closely with Havana, Washington and Caracas over
the past six years as part of Colombia's peace process between the
government and the Farc guerrilla group. But his Cuba visit, part of a
long-schedule commercial mission to Havana, is also a sign of mounting
international exasperation over Venezuela.

At the recent G20 meeting in Hamburg, Mauricio Macri, the Argentine
president, backed by Mariano Rajoy, Spanish prime minister, implored
other heads of state to "take note of the situation in Venezuela, where
they do not support human rights".

The crisis in Venezuela has drained the country's foreign reserves with
figures released on Friday showing the central bank's coffers had
dropped below $10bn for the first time in 15 years.

The fall in reserves is likely to rekindle fears that Caracas might
default on its debt obligations this year. The state and its oil
company PDVSA are due to make capital and interest repayments of $3.7bn
in the fourth quarter.

Despite widespread concern over Venezeula's plight, there has been
little concrete action from other countries besides the US and Brazil.
Washington has placed targeted financial sanctions on some Venezuelan
officials while Brazil suspended sales of tear gas to the Venezuelan

Rex Tillerson, US secretary of state, last month said the US was
building a "robust list" of other individuals to sanction. A more
extreme US policy option that has also been discussed in Washington is
to ban sales of Venezuelan oil into the US market.

US refiners have lobbied the White House against including crude imports
in any broader potential sanctions package as Venezuela is the US's
second-biggest foreign supplier to the gulf coast. A ban could also have
an impact on domestic fuel prices.

Cuba would make an unusual ally in an internationally-mediated attempt
to broker peace in Venezuela as it receives subsidised oil from Caracas
in return for medical services. Relations with Washington have also
cooled after Mr Trump partially rolled back the US rapprochement in
June, courting support from conservative Cuban-American legislators in

But Havana could usefully offer safe haven exile for Mr Maduro's senior
officials who, with a bolt hole to flee to, would no longer need to
fight to the last.

Additional reporting Gideon Long in Bogotá

Source: Cuba courted in diplomatic push on Venezuela crisis - Continue reading