Business & Economy

Cuba: The Day After Tomorrow (Part I)

Professor Juan Valdes Paz’ opening remarks for his interview with HT were a bombshell: “Cuba’s current leadership will have walked away from the historical stage with a minimum sense of achievement if it manages to encourage the creation of a viable and sustainable economic system for the country.”

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Cuban Diplomats Meet with Emigrants in Miami

The consul general and deputy consul at the Cuban Interests Section in Washington D.C. traveled to Miami to meet with emigrants from the island, representatives from travel agencies that promote trips to Cuba and other groups who support a normalization of relations between the US and Cuba.

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Brazil Drops Plan for 6,000 Cuban MDs

The Brazilian government confirmed on Monday its decision to not carry through with its announced plan to contract a large medical contingent from Cuba and will instead contract professionals on an individual basis, informed Reuters. “We never reached an accord with Cuba. Now the priority is Spain and Portugal,” said the Brazilian Health Ministry.

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Monetary Unification Must Still Wait in Cuba

Cuban President Raul Castro said on Sunday that studies continue on the removal of the dual currency monetary system prevailing on the island. He has been announcing his goal of monetary unification since coming to power, without achieving it thus far.

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Cuban Gov. Presents “Favorable” Stats

The Cuban government said on Saturday it is satisfied by the “favorable performance” of the island’s economy in the first half of the year, despite an overall “slowdown” and increased unemployment. The minister of the economy presented the legislature with performance figures for the first half of 2013.

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Cuban Parliament Meets for a Day

The Cuban Parliament meets today for its first session of the new legislature after the members were sworn in last February, marking the start of the second and final term of President Raul Castro, reported DPA news.

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Fewer Eggs in Cuba’s Ration Book

The Cuban government’s decision to halve the number of eggs to be delivered monthly to the population, through the ration book, took effect on Monday. The price increase deals a blow especially to those Cubans who only work for the government and pensioners who do not have relatives abroad sending them remittances.

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