Business & Economy

Cuba to Expand Port of Cienfuegos

Cuba will build three new mooring terminals and another for supertankers to add to the five that already exist in the port of Cienfuegos, 230 kilometers east of the Cuban capital, Luis Medina, of the National Port Authority.

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Limited private access to Internet in Cuba

Only 2.9 per cent of the persons who were surveyed said they had been able to have direct access to the Internet in the last year and the majority used that service at their study or workplaces, according to a report published by the National Office of Statistics (ONE). The sample, according to which only 5.9 per cent had access from their homes, was carried out between February and April 2010 in some 38,000 Cuban homes.

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Rains Benefit Reservoirs in Cuba

The rains associated to tropical depression sixteen mitigated the difficult situation of the reservoirs in the centre and east of Cuba, depressed because of the acute drought, sources from the National Institute of Hydraulic Resources reported. Just the Zaza Dam, the country’s largest, incorporated around 133 million cubic metres, an amount that will increase in the next few hours with the water flowing in from the rivers that feed it.

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More Tourists, but Main Markets Fall

Mural in tourist installation HAVANA, Sept. 29 – The number of tourist arrivals to Cuba up to last August increased 1.8 per cent as compared to a similar period in 2009, but the principal tourist markets, headed by Canada, United Kingdom, Italy, Spain and Germany, reported a tendency to decrease, balanced out by the increase of other non-traditional markets such as Russia, according to a report by the National Office of Statistics.

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Cuba Sees Fuel Price Hike

The Ministry of Finances and Prices of Cuba announced an increase in the price of the fuel sold at the island’s service stations due to the 25 per cent rise in the price of oil on the international market and the forecasted further hike in the coming months.

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Cuba Soldiers to Work on Railroad Recovery

The Cuban authorities hope to incorporate by November some 2,000 soldiers to the recovery of the island’s railroad tracks, in an attempt to give a boost to this sector’s development program planned through 2013. The current state of railways in Cuba is critical.

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Unions Hold Meetings to Explain Layoffs

Thousands of meetings are being held this week in Cuba in workplaces and barrios with the aim of explaining the laying off of half a million persons from the state sector, announced Salvador Valdés, general secretary of the Central Organization of Cuban Trade Unions (CTC), the only authorized union organization in the island. Valdes said: “The process will be wide ranging, with the most absolute freedom of opinions, with sincerity in the presentations and with respect for the dissenting opinions that may exist.”

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Majority of Land Granted Continues Unproductive

Fifty-four per cent of the land handed over in usufruct in Cuba since September 2008 is still unproductive, Pedro Olivera, director of the National Land Control Centre, said. Specialists in agricultural matters point out that the process has confronted bureaucratic obstacles, despite the government’s interest in reducing food imports, which amount to two billion dollars a year.

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Brazil Offers Cuba Help in Small Businesses

Brazil is willing to help Cuba in the development of small and medium-sized businesses, capable of assuming the half million persons who will be jobless in the state sector in the coming months, Celso Amorim, that South American country’s foreign minister, affirmed. Last Saturday he met with President Raúl Castro.

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Cuba includes water in economic planning

The Cuban government will include the use of water among the economic planning indicators with the aim of encouraging the rational use of this resource in the agricultural and industrial sector and by the population, Minister of Agriculture Gustavo Rodríguez Rollero announced. The island has been affected in recent years by long droughts that have decreased its water reserves.

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