Business & Economy Archives - Page 17 of 221

“Cubans Are Physically & Mentally Exhausted by Blackouts”

The music goes out at the Cuban Art Factory and the Coppelia Ice Cream Parlor closes because the ice cream is melted.

I don’t recommend that anyone keep their dollars in a Cuban bank. And believe me, I have my reasons. Let me explain…

In Cuba, some of us laugh at how naïve these attempts are to trap people so easily in a country mostly closed to financial flows.

A new business has just joined the wave of dollarization in Havana—located not just anywhere, but in the city’s largest and oldest market.

Beyond the wordplay, the official statement confirms a policy that economists are quick to describe as a symptom of failure.

Tourism in Cuba has been experiencing a profound crisis since the COVID-19 pandemic which shows no signs of recovery.

Bahamas will establish direct contracts with the Cuban healthcare workers currently in the country, instead of via the Cuban government.

If there are people who can’t even afford bread, how can you ask them for money to fix a pump that the State should be repairing?

Santa Catarina, Brazil has already eliminated open dumps, although it is ignored if all of them have been cleaned up.

“Nothing ever comes to the ration store. We’re living off the small private businesses, off hot dogs that cost 450 pesos.”