US Farmers Press Obama on Cuba
The Illinois Corn Growers Association wants President Barack Obama to expand trade opportunities between the US and Cuba, according to a statement from the organization based in Bloomington.
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Business & Economy
New Rules for Tourism in Cuba
The Cuban government passed stricter regulations for certain tourism activities taking place in the country, including diving and recreational water activities, reported Café Fuerte.
Read MoreCuba to Renew Passports of Citizens Living in the USA
The Cuban Interests Section in Washington today announced that it will renew expired passports of Cubans residing in the United States who plan to travel in the coming months to the island, reported dpa news.
Read MoreCuba and Development: Where It’s Headed
The problem with the notion of “development” in any of the disguises we’ve known so far (economic, human or sustainable development) is that it is an insatiable project, in which “the things we have at home” are never enough.
Read MoreCuba Explains Its Foreign Investment Needs to Russia Based Bankers
Cuba’s economic chief, Marino Murillo, explained to the visiting bankers the ongoing process of updating the Cuban economy — it is already in its second stage, he told them — and said that the government has decided to abolish the dual currency system and establish the national peso (CUP) as the only unit of currency.
Read MoreCuba Has a New Unified Payment System
The option of purchasing products at hard currency stores in regular Cuban pesos (CUP) will be made available in commercial centers around Cuba this month as part of the government’s plan to re-establish a single-currency monetary system on the island.
Read MoreUS Fines Argentine Company $2.8 million for Cuba Embargo Violation
Despegar.com, a popular travel agency based in Argentina, has agreed to pay a US $2.8 million fine for conducting transactions that allegedly violated the provisions of the US embargo on Cuba.
Read MoreCuba and its New Investment Law: From Sustainable Development to Neo-Liberalism (Part II)
To expand on my previous post dealing with the central role the concept of “sustainable development” has played in the legitimation of Cuba’s current economic policies, I now wish to delve more deeply into the traps inherent to the concept and its potential to promote neo-liberalism in the country.
Read MoreTwo Pastry Shops in Old Havana
Katia Bianchini is half-Italian, half-Swiss. She has been living in Cuba for 10 years and has since opened two pastry shops that carry her surname. One is located on Sol street, between Avenida del Puerto and Oficios. The other stands on Callejon del Chorro, on Old Havana’s Cathedral plaza.
Read MoreCuba-EU Take First Step towards Normal Relations
The European Union (EU) and Cuba closed a first round of negotiations on Wednesday towards achieving a Political Dialogue and Cooperation, described as “fruitful” by the European delegation. The Cuban delegation did not make a statement.
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