Business & Economy

Cuba’s New Property Law Allows Sales

A major change in Cuba’s property law was announced on Thursday. For the first time in decades, citizens and permanent foreign residents can now buy and sell houses or apartments and they will be permitted to have an additional vacation home.

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US-Cuba Policy Gets Rebuke at UN

For the twentieth straight year the United Nations General Assembly voted Tuesday to demand the United States cease its half-century economic blockade against Cuba. The vote of 186-2 with three abstentions was a virtual rerun of last year’s 187-2.

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Occupy Wall Street Grows at Home & Abroad

Saturday was called the Day of Action, from thousand-strong marches to Open Forum discussions to mass bank withdrawals and account closings, culminating with the Occupation Party in Time Square that night. (10 photos)

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Self-Employment in Cuba Expanding, But Not Enough

This month, the Cuban government eased up on taxes and other legal aspects involved in self-employment. But experts warn that there are serious limitations standing in the way of growth of private enterprise, which is supposed to absorb hundreds of thousands of employees slashed from the public workforce..

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US Crackdown on French Firm over Cuba

The US blockade on Cuba continues strong with the latest casualty being the French shipping and transport giant CMA CGM. The firm was fined US $374,400 for doing business with Washington’s eternal Cold War enemy in Havana as well as Iran and Sudan.

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Internet Drags in Cuba Despite Cable

For the moment, the public’s expectations are yet to be fulfilled. Will Cubans be able to contract for Internet services in their homes? Will the price for the service be reduced at tourist centers? Will speed improve for everyone? Will they reduce the charges for telephone services? The answer remains: Who knows?

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