Business & Economy

Cuba’s national electric company said on Wednesday that the massive blackout that on September 9 left much of the island in the dark was caused by an operational error on the part of one of its employees

An entity within the US Treasury Department has begun renewing licenses of some travel agencies that organize trips to Cuba,.

One hundred and ten carriage drivers, including their assistants, conducted a work stoppage this past last Friday at the Varadero beach resort to protest high taxes, reported the Hablemos Press.

The Cuban Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, will hold meetings today with Brazilian businesspeople in Sao Paulo. The aim of the gathering is to deepen trade ties between the two countries.

Chilean and Cuban officials in Havana discussed an economic agreement that provides facilities for trade between the two countries.

The main opposition candidate for the Venezuelan presidency, Henrique Capriles, said on Monday that he would renegotiate trade agreements with Cuba if he were to win Sunday’s election. He believes he can cut a better deal for Venezuela.

Russian Deputy Finance Minister Sergei Storchak said in late September that talks will begin concerning the debt of 25 billion dollars that Moscow is asking for from Havana

An expanded meeting of the Cuban cabinet, with the participation of President Raul Castro, recently analyzed the progress of economic reforms adopted at the last congress of the Communist Party.

The Namibian government and the Cuban government agency that administers Cuban medical services abroad are currently negotiating over a new contract for those services, which could cost the African nation more than 50 percent more than under the current agreement.