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Economy

Ivan Garcia, 18 December 2017 — On the night of Thursday, 14 December at night, after fifteen hours on the road under a copious downpour, from Sagua de Tánamo, in Holguín, province 530 miles northwest of Havana, in an old General Motors truck from the 1950s, Erasmus and his wife arrived in Havana ready to fulfill … Continue reading "Cuba: The Devotion to Saint Lazarus / Iván García" Continue reading
Cubaeconomía.com, 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
… capital Havana. The United States prohibits tourism travel by Americans to Cuba … the Cuban economy illegally. Knowing the history of America and Cuba and … Jay-Z and Beyoncé saunter around Havana so casually? Jay-Z is a … policy that causes millions of Cubans to suffer economically from the … Continue reading
14ymedio, Luz Escobar, Havana, 15 January 2018 — The first Sunday of each month they meet in a park in Centro Habana and ride through the capital on a route that varies to avoid boredom. They are the members of Bicicletear La Habana (Havana Cycling), a group of cyclists that promotes the use of bikes as … Continue reading "Prejudices Put the Brakes on Bike Culture in Cuba" Continue reading
… By Marc Frank HAVANA, Jan 15 (Reuters) - Cuba has not provided … year later?" he said. Cuba´s foreign currency earnings have … partners. One foreign businessman in Cuba, who asked not to be … development," he said. Three Cuban economists said they suspected the … Continue reading
Ivan Garcia, 4 January 2018 — The initial surprise is making him more and more angry and likely to lose his temper. Sitting in a black leather armchair in the living room in his house, 43-year-old Armando, a qualified physical education instructor, first moves his head from side to side, then smiles cynically, until he … Continue reading "For The Ordinary Cuban, Things Could Get Worse In 2018 / Iván García" Continue reading
14ymedio, Maite Rico, Madrid, 13 January 2018 — Madrid’s Zarzuela racecourse, with its spectacular grandstands and challenging cantilevered decks, is notable in the annals of architecture. As is Havana’s Focsa building, that “open book” of 39 floors, inspired by Le Corbusier, that dialogues with the bay and Malecon in Cuba’s capital city. Behind these two emblematic … Continue reading "Martín Domínguez Architect of Havana’s Focsa Building, Erased by Francoism and Castroism" Continue reading
Politicaexterior.com, Yoani Sanchez, 9 January 2017 — “Six decades are a lifetime,” says Facundo, a Cuban retiree who sells the official press in Old Havana to supplement his low pension. Born shortly before Fidel Castro came to power, the man is suspicious of the appointment of a new president next April. “That’s going to be like learning … Continue reading "The Departure Of Raúl Castro, The End Of An Era" Continue reading
Raúl's transformation of the system is not just rooted in a modernization of the development strategy Continue reading
14ymedio, Marcelo Hernandez, Havana, 9 January 2018 — “Did you buy the bread?” The shout comes from a balcony and is directed at a woman walking along a street in Havana. “The bread,” “the rice” or “the coffee,” with the article in front, always refers to the products that are sold through the ration book, an … Continue reading "Living in Cuba Without a Ration Book" 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
Juan Juan Almeida, 28 November 2017 — The first seven Russian TGM 8 locomotives arrived in Cuba last week as part of a questionable railway development project that includes another 28 by 2018. Cuba’s primary official media from the Granma newspaper to the Cubadebate site and the Russian Sputnik reported the arrival of the first seven of 15 locomotives in a lot that will … Continue reading "New Locomotives in Cuba: Investment, Waste or Corruption? / Juan Juan Almeida" Continue reading
HAVANA – Chilean President Michele Bachelet met on Monday with Cuban leader Raul … the Mariel Special Development Zone.” Cuba, whose state-run economy has traditionally … kilometers (28 miles) west of Havana and which includes a merchant … Bachelet, Cuban Foreign Trade Minister Rodrigo Malmierca said the Cuban government isn … Continue reading
14ymedio, Carlos Alberto Montaner, Miami, 31 December 2017 — Marcelo Odebrecht is the man of the year in Latin America. This Brazilian engineer born in 1968, grandson of the founder of a huge business conglomerate, is the prince of the planet’s bribe-mongers. To avoid a sentence of 19 years in prison, something he accomplished just a few days … Continue reading "The Man of the Year and the Usual Vice" Continue reading
14ymedio, Zunilda Mata, Havana, 6 January 2018 —  The fear of a sudden monetary unification, which would eliminate the dual currency system in Cuba, and its possible effects on the foreign exchange market is contributing to the rise in the price of the dollar in informal networks in Havana. In the last two weeks, the US currency … Continue reading "US Dollar Rises in Value Against CUC in Informal Market" Continue reading
Juan Juan Almeida, 5 January 2018 — The Cuban government plans to implement as soon as possible a group of measures aimed at reducing the number of health workers who work as non-physicians and desert from missions abroad. According to information obtained by Martí Noticias, the authorities of the Ministry of Public Health (MINSAP) issued a … Continue reading "Cuba Will Reduce Health Workers Abroad to Avoid Desertions / Juan Juan Almeida" Continue reading
Juan Juan Almeida, 19 December 2017 — A police operation at the popular Factoría Plaza Vieja Brewery, in the historic center of Havana, caused the temporary closure of the establishment and the arrest of several people who are being prosecuted on charges of corruption. According to reports obtained by Martí Noticias, the process began when one of the … Continue reading "Corruption Scandal Shakes Up Popular Havana Brewery / Juan Juan Almeida" 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, Reinaldo Escobar, Havana, 2 January 2018 — The official media are celebrating, right now, a new anniversary of what they insist on calling the Cuban Revolution. The festivities around the 1st of January, when Fidel Castro marked a turning point in the nation’s history, show all the traces of a routine that has exhausted … Continue reading "The Successive Deaths of the Cuban Revolution" Continue reading
14ymedio, Mario J. Pentón, Miami, 23 December 2017 — Several Cuban economists consulted by 14ymedio consider the growth of 1.6% in the Gross Domestic Product (GDP) announced on Thursday by Cuban Economy Minister Ricardo Cabrisas before the National Assembly, meeting in Havana, unlikely. Cabrisas offered a series of growth figures including numbers for construction (+ 2.8%), tourism (+ … Continue reading "Cuban Government Happy Talk About the Economy is Not Convincing" Continue reading
Juan Juan Almeida, 13 December 2017  — Time is an indelible and important imprint in any perspective. It is true that Cuba continues to be a country governed by a group incapable of coexisting with the opposition, beating down those who think differently, a criminal state that encourages the rupture of democracy and legality. It is also … Continue reading "The Magnified Danger to Castroism / Juan Juan Almeida" Continue reading
14ymedio, Yoani Sanchez, Havana, 31 December 2017 — The young man knocks on the door, having arrived from the distant town of Güira, sweating buckets. He doesn’t have to mince words, just display his merchandise consisting of fresh milk, cheese and a leg of pork. This informal vendor has cheaper deals than those in the state markets, … Continue reading "The Economic Crisis Explained Through A Leg Of Pork" Continue reading
… Economy and Planning Havana, December 29 (RHC)-- Cuban Minister for the … Cabrisas underscored advances toward granting Cuban companies greater autonomy. In statements … come into force, functioning of Cuban business entities and state institutions … Continue reading
14ymedio, Miriam Celaya, Havana, 27 December 2017 — An essential feature of the Cuban socio-political and economic system is the reluctance of the ruling class to offer exact and reliable figures and data about the performance of the economy and finances at the end of each year. December is, for Cubans living in Cuba – … Continue reading "The Cabalistic Exercises of the Managers of the Cuban Economy" Continue reading
Cubanet, Havana, Miriam Celaya, 22 December 2017 — On the morning of 21 December 2017, it became known in the international media that “the Cuban Parliament” – whose most outstanding feature is not having decided anything at all in its more than 40 years of existence – has “just decided” to extend the presidential mandate … Continue reading "Castro Suspects / Cubanet, Miriam Celaya" Continue reading
14ymedio, Reinaldo Escobar, Havana, 28 December 2017 — Anyone who knows the Cuban reality even partly knows the role of “drivetrain” played by the so-called mass organizations. Instead of representing the interests of their members before the State, they function as watchdogs of the government’s interests in each of their sectors. The Federation of Cuban Women … Continue reading "When The Labor Union is the Employer" Continue reading
Ivan Garcia, 12 december 2017 — On 28 January 1976 in Havana, Ricardo Bofull founded the Cuban Committee For Human Rights, along with Edmigio López and Marta Frayde. Forty-one years later, the independent journalist Tania Díaz Castro, in her house in Havana’s Jaimanitas neighborhood, west of the capital, surrounded by dogs and books, recalls that era. “I … Continue reading "Cuba: ’The Human Rights People’ / Iván García" Continue reading
… stake in the Cuban-Venezuelan refinery in Cienfuegos, in Central Cuba, under an … the Cuban economy. Venezuela's political and economic crisis, plus Cuba … by bolstering its radical Cuban allies as Cuba continues to repress its … Maduro's visit to Havana in December. Even though the … Continue reading
Juan Juan Almeida, 20 December 2017 — With a little money, housing can be arranged; with fiscal resolution and a legal framework that offers real confidence to the investor, the growth of the national economy is stimulated; with an effective campaign aimed at achieving social awareness, the problem of moral degradation is solved; and if our decadent politicians want … Continue reading "Something That Can’t Be Fixed in Cuba / Juan Juan Almeida" Continue reading
… our economy. (Photo: ACN).The Cuban Revolution has withstood the onslaught … secretary the Communist Party of Cuba Central Committee, during the closure … Period of Ordinary Sessions, in Havana’s International Conference Center, December … in Havana in recent days, that we will remain united. The CubanContinue 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
… also remaining until then.  Many Cubans and outside observers expect Castro … introduction of private enterprise into Cuba's centrally planned economy … , freedom to travel for most Cubans and the ability to buy … relations," Castro said. The Cuban government said Thursday that after … Continue reading
HAVANA, Cuba, Dec 21 (ACN) The Cuban Gross Domestic Product is expected … , which takes place in the Havana Conventions Center, Cabrisas presented the … the financial and material stresses Cuba faced, as it was predicted … by the United States on Cuba, and the coming to power … Continue reading
20% more visitors arrived in Cuba this year, but numbers for September, November and December are down Continue reading
… tourism sectors, basically Ricardo Cabrisas, Cuban minister of Economy and Planning (MEP), reported that the Cuban economy grew slightly in 2017 … 50 year-long US blockade on Cuba. The growth was the result … Standing commission, meeting at the Havana Conventions Center. He said that … Continue reading
Regina Coyula, 8 December 2017 — According to the World Intellectual Property Organization (WIPO), intellectual property is “any property that, by mutual agreement, is considered to be of an intellectual nature and worthy of protection, including scientific and technological inventions, literary or artistic productions, trademarks and distinctive signs, industrial designs and geographical indications.” The protection umbrella covers both the most … Continue reading "Intellectual Property in Cuba: Reprint, Reeducate, Reinsert, Rethink / Regina Coyula" Continue reading
Ivan Garcia, 15 December 2017 — In the papers, it appeared that El Encanto state pizzeria, in Havana’s La Vibora neighborhood half an hour by car from downtown Havana, sold around a dozen daily products: lasagna, cannelloni, five versions of spaghetti and pizzas, beer, entrepanes (sandwiches), guava, crab and empanadas, among other offers. But the reality … Continue reading "Cuba: The Black Market Never Sleeps / Iván García" Continue reading
Paris, December 12 (RHC-Agencies) --The One Plane Climate Summit got underway in Paris Tuesday. The event seeks to unlock more money to drive the global economy's shift to green energy, exactly two years after signing a global pact to avert … Continue reading
… above all to institutionalise the Cuban communist regime, replacing the wayward … problem. Since the 1980s the Cuban economy has steadily lost ground … unavailable internationally comparable estimates for Cuba’s GDP since 1970 by … health, education and housing) that Cubans receive. Taking into account purchasing … Continue reading
Dimas Castellano, 20 November 2017 — On November 1, 2017, Cuba presented to the UN General Assembly the project entitled “Need to end the economic, commercial and financial blockade imposed by the US against Cuba.” In his speech, Cuban Foreign Minister Bruno Rodriguez criticized the policy contained in the Presidential National Security Memorandum on the strengthening of the … Continue reading "Three Points to Solve the Embargo / Dimas Castellano" Continue reading
… completed delivering humanitarian aid to Cuba. A ship delivered the third … relief supplies were delivered to Cuba earlier in the month. Almost entire northern coast of Cuba was hit in early September … dozens killed and seriously damaged Cuba’s economy. Following the request … Continue reading
14ymedio, 28 November 2017 — The sugar harvest began last Sunday with the start-up of the sugar mill Boris Luis Santa Coloma in Cuba’s Mayabeque province. According to the state monopoly Azcuba, the drought that lasted 18 months and the subsequent scourge of Hurricane Irma have had negative effects and will limit production to around 1.5 million … Continue reading "Cuba’s Sugar Harvest Begins Affected by Drought and Hurricane Irma / 14yMedio" Continue reading
… the bottom out of the Cuban economy, the Soviet Union collapsed … friendly with members of the Cuban mission to the UN: … camera," Alpert says. Their Cuba documentary ended up on PBS … the bottom out of the Cuban economy, the Soviet Union collapsed … Continue reading
… film about Castro's Cuba, film maker Jon Alpert blamed … the U.S. ruined the Cuban economy by flooding the sugar … the bottom out of the Cuban economy, the Soviet Union collapsed … the bottom out of the Cuban economy, the Soviet Union collapsed … Continue reading
… southeastern city of Santiago de Cuba, where his brother's … present in the minds of Cubans, and state media daily recalls … turning of the page in Cuban history. The polls will kick … economy is what penalizes the Cuban population the most and I … Continue reading