Business & Economy Archives - Page 14 of 221

Cuban Beekeepers in Crisis Due to Government Non-Payment

In 2024, foreign currency sales for honey were estimated at 45 million US dollars for over 8,000 tons.

The recent resignation of Cuba’s Minister of Labor and Social Security has brought the issue of social classes in Cuba to the forefront.

The largest and oldest market in Havana, Cuba is closed and will no longer sell in the magnetic MLC currency.

What I see when I walk around my town, Cojímar, on the outskirts of Havana, which, to me, reflects what my country is today. (16 photos)

Well stocked for years, but with the currency switch from CUC to MLC in 2021, its products started disappearing. (17 photos)

The talk of the week was the unfortunate remarks—and swift dismissal—of the Cuba’s Minister of Labor and Social Security, Marta Elena Feitó.

Without housing, formal employment, and a ration book, these internal migrants are “illegal” in their own country.

For seven years now, the rain has been irregular. It comes when not expected and is lacking when most needed.

Those receiving the minimum pension of 1,528 pesos (≈ 4 USD at the informal exchange rate), will see their income doubled.

“We can convert our garbage into proteins, into gold for animals, and the surplus waste into fertilizer,” the retired physician assured.