The Venezuelan government put in practice today a new currency exchange rate that represents significant de-facto devaluation; the largest in history, analysts told dpa news. The rate was pegged at 51.86 Bolivars to the US dollar.
Read MoreA new weekly direct flight between the eastern Caribbean island of Martinique and Cuba was opened on Thursday, which will be “an excellent opportunity” to develop multi-destination travel within the Caribbean, said a statement from the Ministry of Tourism.
Read MoreThe government of Raul Castro adopted a wage hike for doctors working in Cuba that increases the income of the most qualified by more than 150 percent, according to information released today in the official media.
Read MoreThe prospects of a new Cuban Foreign Investment Act raises expectations among Japanese business people who participated in the Annual Meeting of the Japan Economic Conference – Cuba held Tuesday in China.
Read MoreA preview of the upcoming Bill on Foreign Investment was given this week by the chairman of the Cuban National Assembly’s Commission on Constitutional and Judicial Affairs, José Luis Toledo Santander. He states that the document “aims to reinforce the guarantees to investors and establishes the priority of foreign investment in almost all sectors of the economy, especially in those related to production.”
Read MoreWe present the list of rationed protein products that can be purchased by Havana residents at their neighborhood “bodega” stores during the week of March 10-16.
Read MoreCuba’s state monopoly telephone company, Etecsa, today denied reports that the island will offer Internet access for home users in the coming months, reported dpa news. The news came as a bucket of cold water for those expectant of the service.
Read MoreThe Agro-Food Fair (FIAGROP 2014) officially opened Monday at the Boyeros fairgrounds in Havana. Each year this event facilitates the introduction of foreign, mixed and national firms for trade in agroindustry in all its aspects. (38 photos)
Read MoreThe Cuban government bought from KRANEX, a Russian company specializing in mechanical engineering, a total of 52 excavators for the amount of US$ 10 million, reported Diario de Cuba.
Read MoreThe Cuban doctors Dorayda Igarza Jesus Ayala and Walter Cotarelo Carbonell were officially added to the statistics of defections from the Cuban medical mission in Brazil, Café Fuerte repoted.
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