Business & Economy

Another Cuban Oil Well Turns Up Dry

The Venezuelan government-owned company PDVSA reported that it found no commercially viable oil in Cuban waters in the Gulf of Mexico, making their exploration well the third unsuccessful search for oil in recent months.

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Venezuela Sending More Aid to Cuba/Haiti

The Venezuelan government today sent 93 tons of foods to Cuba on an “air bridge” that will continue transporting humanitarian assistance in the wake of the damage caused by Hurricane Sandy, reported Venezuela’s minister of the Interior, Nestor Reverol.

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Bolivia to Send Water and Food to Cuba

The government of Evo Morales approved on Wednesday the sending of 120 tons of humanitarian assistance to Cuba to help address the destruction caused by the Hurricane Sandy, reported Bolivian Minister of Defense Ruben Saavedra.

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Cuba to Lose Trade Assistance from Europe

Cuba, along with other eleven countries, will be taken out of the 2014 European System of Tariff Advantages (SGP) after having been classified in recent years as being a medium-high income economy as determined by the World Bank, reported the executive office of the European Union on Tuesday.

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The Night Hurricane Sandy Hit

I’m thinking that today I can finally get a good night’s sleep. Hurricane Sandy began plowing through Cuban soil last Thursday during the early morning hours, and since then there have been more than a few bad moments.

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