Business & Economy

The Mexican low cost airline Interjet opened a new direct route between Monterrey and Havana. The two weekly flights aim to boost tourism between the two regions, The flights will take place regularly on Thursdays and Sundays.

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.

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.

The Alianza Democratica Cubana (ALDECU) has urged Cuban authorities to suspend the collection of customs taxes on individuals to facilitate the receiving of indispensable goods to relive the suffering left in the wake of Hurricane Sandy.

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.

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.

The office of the National Comptroller, currently buried in the struggle against corruption, announced on Monday that it will dedicate its efforts in the provinces of Santiago de Cuba and Guantanamo to controlling resources directed toward reconstruction activities in the wake of the disaster caused by Hurricane Sandy.

While the complete magnitude of the damage from Hurricane Sandy is still being compiled preliminary government reports show widespread devastation in Santiago de Cuba and Holguin. Electricity is still out in most of Santiago and several other areas of the region.

Bolivia’s government entered into contract on Tuesday with the Cuban company DATYS to set up a modern system for immigration control in that south American nation’s main airports and at fifteen key points along it borders.