Business & Economy

Cuban Teachers Get Pay Hike

Cuba’s educational system will benefit according to a recent announcement concerning new elements in the salary reform initiative in progress since 2005. Sources with the Ministry of Education assure that the 2008-2009 School Year began with a deficit of 8,000 teachers.

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US Tourism to Cuba Ranked Ninth

With a total of 41,904 visitors in 2008, the United States ranked ninth on the list of principal tourist markets for Cuba, a list that Canada heads with a wide margin, with 818,000 tourists, reported the National Office of Statistics (ONE).

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Cash to Cuba

“I’m the one who does the shopping, and everything goes for food, soap, detergent, and mopping towels,” said Olga Campos, who receives money from her son every six months. “My husband’s pension is only 242 Cuban pesos ($12 USD), and that doesn’t go very far,” she adds.

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Cuba Confronts the Crunch

As part of a government austerity plan, extra grain supplies, regularly distributed to consumers in the capital and eastern provinces since 2004, have been cancelled as of this month. An electricity saving plan is under way, and some investments and imports have been postponed.

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Havana Food Vendor Rehab

The buildings housing most of these bodegas, stores, and market vendor stands show fading paint and structural deterioration. They are dark and humid, some with severely damaged ceilings, causing workers to move products to warehouses at the first sign of rain.

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Global Crisis Clobbers Cuba Too

On a daily basis and in primetime spots, Cuban television has begun featuring the consequences of the economic crisis that is shaking up the world. On the island itself, there has begun discreet talk about how the effects of that downturn is beginning to be felt in an increasingly noticeable way.

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Cuba Dredges Its Bays

For Cuba, where most of the products that it imports and exports pass through ports, improving the conditions of its bays is a necessity. Out of economic need, Cuban authorities undertook a program to reclaim that country’s most important commercial ports.

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