In July 2012, the government announced that it was working to update the current Law on Foreign Investments. We have waited with a mixture of patience and impatience, because this is a “hot” topic, a pressing issue. However, we’re ending the first half of 2013 and may have to continue to wait.
Read MoreThe Cuban government authorized on Monday the entry to the island of high consumption electrical equipment such as air conditioners, microwave ovens and cookers, after placing a ban on such appliances back in 2005.
Read MoreBrazilian doctors objected Wednesday to the recent announcement that their government plans to hire 6000 Cuban doctors to meet the shortfall of health professionals in interior regions of the nation, reports AP.
Read MoreCuban Vice President Marino Murillo told an expanded meeting of the Council of Ministers on Friday that a wholesale market has been established for farm products in the Havana municipality of Boyeros and that both private and and state company buyers will have access.
Read MoreWhen after more than 50 years of restrictions, the Cuban gov. opened the Pandora’s box of Cuba’s real estate market, many experts predicted that the country would experience a boom in home sales and purchases. Rather than a mad spiral of sales, however, this incipient and atypical market has given rise to a speculative phenomenon.
Read MoreCuba and Brazil signed on Tuesday a Memorandum of Understanding for the financing of a project to expand and modernize airport infrastructure of the island, reported the official Granma newspaper.
Read MoreEnergy affairs researcher Jorge Piñón, a Cuban-American who left the island during Operation Peter Pan and these many years later continues to talk in first-person-singular when referring to Cuba. Piñón has worked in the oil industry and was president for Latin America of AMOCO Oil Co.
Read MoreAs part of a clampdown on violations of “city planning legislation”, Raul Castro’s government is applying severe control measures on privately-run business around the capital, many of which have been shut down by authorities in recent months.
Read MoreIn Cuba, the BRICS are presented to us as an alternative to the hegemony of the United States and its Western European allies. While this may well be a valid contrast, we must look behind such apparently simple remarks, for they point to the fact that half of humanity has undertaken a form of development that was in no way foreseen by the communists who steered the educational system and ideology in my country for many years.
Read MoreBrazil is weighing granting the construction company Odebrecht a $150 million credit to remodel airport terminals in Havana and other Cuban cities, reports the Reuters news agency, citing unidentified official sources. The credit would be issued by the Brazilian Development Bank, BNDS.
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