Business & Economy

Cuba Seeks to Recover Coffee Production

Cuba’s agriculture authorities will try to re-launch in the next five years coffee production on the island, which dropped from 60,000 tons in 1961 to ten times less at present. The collapse of this sector is due, among other reasons, to the lack of qualified labour force, the poor care of the crops and insufficient payment to producers.

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Self Employed in Cuba to Double

The Cuban authorities expect the number of persons linked to self-employment will soon double, Idalmys Alvarez, director of employment at the Ministry of Labour and Social Security, announced. Between October 2010 and last January, 113,618 persons were authorized to carry out activities in the private sector, one fifth of them in food sales.

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Irregularities Endanger Sugar Harvest

The lack of sugarcane and the irregularities in the yield of the sugar mills could do away with the plans of the Cuban authorities for the current harvest, the island’s state-run press warned today. The results in 2010 of the former flourishing sugar industry were the worse in more than a century.

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KLM to link Cuba with Holland

The Dutch KLM Airline Company will carry out three weekly flights between Havana and Amsterdam starting October 31, the French Air Journal site reported. The flights will transport a maximum of 285 passengers. KLM currently links the Netherlands with 68 destinations in the rest of the world.

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Varadero Heritage Threatened by Tourism

Important architectural works from the Modern movement in Cuba appear to be doomed as a result of the expansion of massive hotel complexes, which threaten to take over the landscape in Varadero, this country’s most famous beach resort.

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Cuba Gov. Ups Fuel Prices

Cuba’s government again increased the price of gasoline and diesel by between four and eight per cent. This is the second hike in six months, after last September the Ministry of Finance and Prices responded to the rise in oil prices on the international market with another increase.

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Puerto Principe Rum Has Its Bouquet

An almost mystic air floats through the storage area where different types of rum, aguardiente and wine are aged. Hundreds of Canadian and American white oak barrels contain the precious liquids in their paunches.

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Sherritt to Reduce Output, Despite Increasing Profits

The Canadian corporation Sherritt International expects a reduction in its productions of oil, nickel, cobalt and electricity in Cuba in 2011, despite the increase in its profits in 2010, when it registered a net income of 222.4 million dollars, according to the U.S. news site Cuba Standard.

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