Business & Economy

Chinese President Hu Jintao met today with his Cuban counterpart, President Raul Castro, at the Great Hall of the People, in Beijing. The two held official talks after a private dialogue session.

The Eighth Conference on Accounting, Auditing and Finance, which is being held at the Havana Convention Center from July 2 to 5, today is discussing issues related to cooperatives, local development and social economy.

The Cuban bartender Adrian Ravelo will participate in the Cocktail World Cup which will be held in the People’s Republic of China in October, said spokespeople for the Bartenders Association of Cuba.

The Twitter social network is being used in Cuba to “confront US aggression,” where the address “#DerechosdeCuba” was used for that action.

The controversy around a canceled Cuban music festival in Miami in April 2011 will be brought before a court in a trial that will begin on August 13. The plaintiffs are asking for $1 million in compensation for losses incurred due to the cancelation of the event.

Nuclear physicist Noriel Pavon Hernandez, a Cuban resident in Spain, in Valencia on Tuesday received the “Entrepreneur Prize” as part of the 2012 King Jaime I Awards.

Brazil’s Odebrecht construction company formally challenged a Florida law that prohibits governments from contracting with companies that have business ties with the Cuban government.

New changes that will favor the private sector on the island will be made to the Labor Code of Cuba, which is currently under review. To date, conflicts and complaints by workers in the private sector “have not been significant.”

The Cuban government will reinstitute the collection of taxes on food imported by all travelers entering the country, according to a statement from the Customs office.

The Cuba’s emerging private sector will be represented at “CietCuba-2012” Second International Convention of Tourism Studies, scheduled to take place from June 18 to 22 at the Havana Convention Center.