Business & Economy

Havana Private Taxis to Get Permits

The Cuban government will begin issuing on Friday licenses for private passenger and cargo transportation, suspended 10 years ago. Many of the collective taxis in the capital are either 1950s US made cars or later models made in the former Soviet Union.

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Cuba and Guatemala Talk Trade

Business delegations from Cuba and Guatemala began today a meeting in the Central American country to explore business opportunities, reported IPS. In 2008 bilateral trade favored the Guatemalan business community, which exported 31 million dollars’ worth of products to Cuba, while the island only exported eight million.

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US-Cuba Talks to Resume Direct Mail

Representatives of the Cuban and US governments will meet later this month in the Cuban capital to discuss the resumption of direct mail between the two countries, suspended since 1963. The talks are in addition to the process of bilateral rapprochement begun last May with the resumption of the migration talks.

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Renewable Energy Sources in Cuba

Cuba and the world’s energy problem will not be solved with one or two energy sources, but with an intelligent combination of several. In recent months, the Cuban government has emphasized the need for more energy awareness to reduce consumption, after national energy consumption skyrocketed above forecasted amounts.

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Cuban Coffee Harvest Begins

With a lack of available hands in the countryside, the harvest will require the participation of families and communities of the Sierra Maestra Mountains as well as mass mobilizations with the precision demanded at each stage of the harvest.

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Cuba Drills Its Longest Oil Well

The drilling of a 5,904-metrer-long oil well, the largest in the history of Cuba, concluded in the province of Matanzas. The state-run Cubapetróleo was in charge of the project, which began last January, and tests will be carried out before starting the extraction of heavy crude.

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Richardson Meets with Cuba’s Deputy FM

Gov. Richardson has repeatedly said that his visit only has commercial interests, but it’s a given that he will be reporting back to the Obama administration on his trip and meetings in Cuba. He has already publicly called on Obama to lift the nearly half century travel ban on US citizens visiting Cuba without special US Treasury Dept. permission.

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Richardson to Obama: Allow Cuba Travel

The U.S. government should lift all the travel to Cuba restrictions for its citizens, affirmed Bill Richardson, governor of the state of New Mexico. While not visiting Cuba as a representative of the Obama government, Ricardson told AP, “I do plan to submit my impressions to the administration after I conclude.”

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Gov. Richardson Seeks NM-Cuba Trade

New Mexico Gov. Bill Richardson is in Cuba this week to seek a market for his state’s agricultural products and to promote cultural exchange. Allowing Cuba to export to the US goes beyond the talks since the US economic blockade on the island totally forbids it.

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