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’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 MoreThe 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 MoreDespegar.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 MoreTo 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 MoreKatia 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 MoreThe 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.
Read MoreCuba’s Official Gazette published a series of legislative measures aimed at giving State companies greater administrative autonomy and relaxing government control over their management. Under the new norms, State companies will be authorized to retain up to 50 percent of their earnings after taxes.
Read MoreTravel agencies selling tickets from the United States to Cuba are trying to prevent Cubans with expired passports from boarding planes to the island, after the Cuban government hardened its requirement on revalidated passports. The situation mainly affects travel by Cuban-Americans.
Read MoreThe life of the young Cuban baseball player Yasiel Puig, one of the rising stars of the Los Angeles Dodgers, will be the subject for a Hollywood movie, reported “The Hollywood Reporter,” with RatPack Entertainment as the producers.
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