The Central Bank of Cuba (BCC) announced measures this week to minimize the entry of illicit capital through transactions resulting from the opening of the island to foreign capital under the recently adopted Foreign Investment Law.
Read MoreOn Saturday August 30th the Puentes Grandes Shopping Plaza opens its doors in the Cuban capital. The government administered stores are located in a restored building in the municipality of Cerro and will charge in both Cuban currencies.
Read MoreThe Bank of Ireland began to prevent all financial transfers to Cuba in recent weeks because of a business relationship with a US bank, reported the Irish Times newspaper.
Read MoreCuban outfielder Rusney Castillo became the latest multi-millionaire from the island by signing a $72 million contract on Friday with the Boston Red Sox, the highest amount awarded thus far to a player from the island.
Read MoreInternet giant Google announced Wednesday that its Chrome browser can now be downloaded in Cuba. The change comes as part of an easing of some US sanctions against the island, although the half century embargo remains in place.
Read MoreThe Cuban film “Conducta” by filmmaker Ernesto Daranas won the Audience Award Saturday at the close of the 18th Film Festival in Lima, reported Prensa Latina.
Read MoreThe Central Bank of Cuba plans to issue in the near future new banknotes for regular Cuban pesos (CUP) with new security measures, according to official sources.
Read MoreThe Brazilian Ministry of Health launched this month in Havana a training program for a group of Cuban doctors on call to serve under contract in the South American country.
Read MoreA Cuban court has imposed 5-year prison sentences on three young men implicated in a plot to smuggle renowned baseball players out of the country through a human trafficking operation allegedly run from the United States by Major League star Yaisel Puig.
Read MoreThe director general of the World Trade Organization (WTO), Roberto Azevedo, on a working visit in Cuba, will meet with executives of the Regulatory Office of the Mariel Special Development Zone, reported Prensa Latina.
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