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Economy

… convention center in a leafy Havana suburb, 605 legislators in the … States in 2014, and renewing Cuba's traditional defiance after … may have other ideas."   Cubans ratified lawmakers chosen by party-controlled … in a state-owned restaurant in Havana's Vedado district.   … Continue reading
… take over the presidency in Cuba. The country's economy … Continue reading
… of American diplomatic personnel in Havana have provided an excuse for … and internal surveillance functions of Cuba’s repressive machinery. Raúl’s … unemployment. Modernizing and advancing the Cuban economy requires addressing this wrenching … economic assistance to the next Cuban government while providing international cover … Continue reading
… come to Cuba with heavily regulated tour groups. Many Cuban entrepreneurs have … go to Cuba for the purpose of supporting the Cuban people, a … struggling economy. Most were Canadians, Cuban-Americans and Europeans, who face no … their time in Cuba in activities organized by the Cuban government. That … Continue reading
HAVANA, April 17 (Reuters) - President … Castro’s efforts to modernize Cuba’s Soviet-style centrally planned economy … factory price. TAXES In 2012 Cuba adopted its first comprehensive tax … at Mariel, just west of Havana, with further tax and customs … Continue reading
… Castro era in Cuba sees new liberties, dire problems HAVANA — In 2008 … Fidel formally handed over power. Cuban state media reported Monday that … expanding fast, with thousands of Cubans installing new home connections this … , Cuba’s Soviet-style command economy still employs 3 of every 4 CubanContinue 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
… over Cuba’s Revolutionary Armed Forces. Since the mid-1990s, the Cuban military has been charged with running Cuba’s economy … permanent embassy personnel reductions in Havana, initiated in response to the … by Cuba’s new president. On the domestic policy front, the CubanContinue 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
The Havana money changer has his regulars: Cubans who want to travel … isn’t legal in Cuba. He’s Cuban but lives in Mexico … island. Cuba has an awkward dual currency system, with the Cuban peso … difficult for the Cuban economy to advance without unifying Cuba’s currencies … Continue reading
… Categories Cubans wait in line outside the Colombian embassy in Havana, to … Washington and Havana, brings additional difficulties to the weakened Cuban economy and … diplomats in Cuba between November 2016 and August 2017. Havana has denied … U.S. embassy in Havana forces Cuban immigrants to travel to Colombia … Continue reading
Cubanet, Miriam Celaya, Havana, 28 March 2018 – On April 19th, when the enigma is finally cleared up about who the new Cuban president (not elected by the people) will be, for the next 10 years, the members of his brotherhood won’t be able to figure out whether to congratulate him or to offer him … Continue reading "The Victorious Failure of the Castro Regime / Miriam Celaya" Continue reading
… of Havana, in Havana, Cuba March 29, 2018. REUTERS/Stringer Vietnam and Cuba … said in a lecture at Havana University. “But to build socialism … and sustainable socialism,” Trong said. Cubans complain their economy suffers two … back the detente forged with Havana by his predecessor Barack Obama … Continue reading
… of Havana, in Havana, Cuba March 29, 2018. REUTERS/Stringer Vietnam and Cuba … said in a lecture at Havana University. “But to build socialism … and sustainable socialism,” Trong said. Cubans complain their economy suffers two … back the detente forged with Havana by his predecessor Barack Obama … Continue reading
… March 2018 By Nelson Acosta HAVANA, March 29 (Reuters) - The … Soviet-style command economy. Vietnam and Cuba are among the last Communist-run … sustainable socialism," Trong said. Cubans complain their economy suffers two … back the detente forged with Havana by his predecessor Barack Obama … Continue reading
14ymedio, Havana, 27 March 2018 — The Communist Party of Cuba (PCC) will maintain the “leading role in Cuban society” and socialism will remain “irrevocable” after the Constitution reform, now underway on the island, is concluded this week by the 5th Plenum of the Central Committee of the Communist Party, the only political organization allowed … Continue reading "Cuba’s Constitution Reform Will Keep Communist Party As “Leader” Of Society" Continue reading
14ymedio/EFE, Havana, 19 March 2018 — On Monday, the National Electoral Commission (CEN) updated the general election data from March 11. In this new information the participation figure rises from 82.9% to 85.65%, although that number is still more than five points below that registered in the 2013 elections (90.88%). This increase in the participation data … Continue reading "Cuban Electoral Commission Raises Participation Figure By More than Two and a Half Points" Continue reading
Ivan Garcia, 23 March 2018 — On March 15, 1968, two days after the autocrat Fidel Castro finally confiscated the last 55,636 micro-businesses still operating in Cuba, Eusebio, 85, remembers walking with his father and two carpentry assistants to the family business in the Havana’s Santos Suárez neighborhood. “Two blocks before we got to the carpentry … Continue reading ""Revolutionary" Offensive Against Private Work Began in 1959 / Iván García" Continue reading
Cuba’s wholesale market provides limited … OF FINANCE APPRISE Associated Press HAVANACuba has opened its first wholesale … to 35 worker-owned cooperatives in Havana, at least for now. Other … to 80 percent of the Cuban economy. Continue reading
14ymedio, Mario J. Pentón, 20 March 2018 —  Marta Elisa Deus is only 30 years old and has started three businesses in Cuba. This young Havanan, who lived in Spain for more than a decade, returned to the island “all fired up” to innovate and revolutionize the business world, taking advantage of the timid reforms undertaken by … Continue reading ""With Obama There Was Hope in Cuba, But That’s Over"" Continue reading
HAVANA (AP) -- Cuba has opened its first wholesale … to 35 worker-owned cooperatives in Havana, at least for now. Other … to 80 percent of the Cuban economy. Continue reading
… EDT, 19 March 2018 HAVANA (AP) - Cuba has opened up its … to 35 worker-owned cooperatives in Havana, at least for now. The … to 80 percent of the Cuban economy. Sorry we are not … Continue reading
Cubanet, Miriam Celaya, Havana, 16 March 2018 — One of the most pressing and old problems never solved in the Cuban capital has been that of public transportation. There are countless causes, beginning with the extreme centralization that placed in the hands of the State the transportation administration and “control” for decades – with the … Continue reading "Transportation In Cuba: Multiple Problems For One Solution / Miriam Celaya" 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
… that the European block and Cuba  are working toward enhancing bilateral … Council meeting, the EU and Cuba will again debate the negative … six decade-old blockade on the Cuban economy and people. She reaffirmed … six decade-old blockade on the Cuban economy and people. She reaffirmed … Continue reading
EFE via 14ymedio, 7 March 2018 — The Cuban banking system lacks the necessary infrastructure and technology to provide services to the overseas remittance market, which in 2017 totaled 3.575 billion dollars from the United States alone, according to a report issued on Tuesday by a consultant specializing in the Cuban economy. The Miami-based Havana … Continue reading "Cuban Banking System Lacks Infrastructure to Service Remittance Market / 14yMedio" Continue reading
US President Donald Trump signs proclamation last Thursday that will impose a 25 percent tariff on steel imports (Internet Photo) Washington, March 12 (RHC-Xinhua) -- The U.S. decision to slap tariffs on steel and aluminum imports may trigger trade wars, … Continue reading
… administration. Along with millions of Cubans, 57-year-old vice president Miguel Diaz-Canel … that has offended Cuba.' But he said Cuba's next … his decade in power, the Cuban government maintains its monopoly on … and the Cuban economy remains mostly stagnant and unproductive. Young Cubans in … Continue reading
“I feel like they murder a child of mine each time they deprive a man of the right to think.” –José Martí Somos+, Germán M. González, 29 January 2018 —  In Cuba, there is an urgent need to restore, rehabilitate, revive, reconstruct, rescue, all familiar terms in the party/government media. The sugar and coffee agro-industries, livestock … Continue reading "Which Jose Marti do Cuba’s Rulers Read? / Somos+" Continue reading
Havana Times, Lynn Cruz, 7 March 2018 — “Oprah Winfrey, one of the world’s best neoliberal capitalist thinkers,” is a critical essay by Nicole Aschoff for The Guardian newspaper about the speech Winfrey gave at the latest edition of the Golden Globes. While reading it, and as a result of Aschoff’s brilliant analysis, I could … Continue reading "Cuban Socialism’s New Man in Havana’s Capitolio / Lynn Cruz" Continue reading
Cubanet, Miriam Celaya, Havana, 2 March 2018 – Recently, several media have reported the consummation of another attack by Cuban authorities on the freedom of expression. This time the jealous guardians of political correctness blocked access to the digital magazine El Estornudo (The Sneeze) – an entertaining and well-written journalism project – in what constitutes … Continue reading "Censorship, El Estornudo and Fung’s “Liberation T-Shirts” / Cubanet, Miriam Celaya" Continue reading
… in 1990 left Cuba’s economy on a knife-edge. Cubans lost all … Cuba did not go down the road of forced collectivisation. Cuban sugarcane … Cuban homes through the free circulation of modern appliances, including fridges. Cuba … blood banks. Excluding universities, 600000 Cubans work either as students or … Continue reading
… of the US embassy in Havana, taken on September 29, 2017 … that the US embassy in Havana will now permanently operate with … have had “significant effects” on Cuba’s economy and that the … processing for Cubans who wish to travel to the US. Cubans must … Continue reading
14ymedio, Miriam Celaya, Havana, 1 March 2018 — The Cuban official press recently published an extensive article, authored by journalist Lázaro Barredo, addressing the issue of corruption on the Island, its dissimilar forms, its spread, the depth it has reached – affecting even high public institutions, State Administrative Positions and officials of different levels of … Continue reading "Political Power is Responsible for the Widespread Corruption" 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
… 50-50 joint venture between the Cuban state and Britain’s Imperial … puffing on a smoke. The Cuban monopoly cigar company’s hand-rolled … the top exports for the Cuban economy, which is otherwise struggling … ’s more hostile policy toward Cuba, including tighter restrictions on US … 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
… Marsh HAVANA, Feb 26 (Reuters) - A surge in sales of Cuba … 50-50 joint venture between the Cuban state and Britain's … growth in global sales of Cuban cigars last year outpaced the … the top exports for the Cuban economy, which is otherwise struggling … Continue reading
… be appealing to Cuba’s rulers. Unfortunately for the Cuban people, there … it is ultimately in the Cuban Communist Party’s long-term interests … — is hard to dislodge. The Cuban military, through its conglomerate Gaesa … Cuban economy. One would think that remittances could help democracy in CubaContinue reading
EFE via 14ymedio, Havana, 24 February 2018 — Cuban Vice President Marino Murillo acknowledged on Friday that the implementation of the economic reforms undertaken under President Raúl Castro’s presidency of the island has generated “more errors than virtues” and said that there is a “distance” between the initial objectives and the reforms in practice. Murillo, known … Continue reading "Marino Murillo Recognizes "More Errors Than Virtues" in Applying the Reforms" Continue reading
… be appealing to Cuba’s rulers. Unfortunately for the Cuban people, there … it is ultimately in the Cuban Communist Party’s long-term interests … — is hard to dislodge. The Cuban military, through its conglomerate Gaesa … Cuban economy. One would think that remittances could help democracy in CubaContinue reading
Juan Juan Almeida, 21 February 2018 — The Cuban government is in the process of updating an old, punitive legal statute that would allow it to control the growth of the self-employment sector and independent commercial activity as well as to curb private initiative, which has in recent years been expanding in the country. Martí … Continue reading "Cuban Government Plans Severe Penalties to Control Private Businesses / Juan Juan Almeida" Continue reading
In street-level exchanges, despite a surtax on dollar sales, the U.S. dollar rose immediately against the convertible peso (CUC) — which will be replaced by the Cuban peso (CUP) — closing in on a 1:1 rate Continue reading
Havana, Feb 20 (RHC)-- Cuban vice president Marino Murillo met Monday in Havana with Robert … Republic. During the exchange, the Cuban official and the Slovak visitor … prime minister was received by Cuba's Minister of Economy … Continue reading
14ymedio, Zunilda Mata, Havana, 17 February 2018 — “I do not accept CUC,” the driver of the shared taxi warns passengers at Havana’s Fraternity Park. It is the third time that day that Lídice, 40, has heard the same phrase. The first time was from a peanut seller and then from a barber. Both refused … Continue reading "“We Don’t Accept Payment In CUC Here”" Continue reading