Business & Economy

Cuba’s GDP to Grow One Percent

Cuba’s gross domestic product (GDP) will grow one per cent in 2009, affirmed the Economic Commission for Latin America and the Caribbean (ECLAC) in its preliminary report on the economies of the region, presented in Santiago, Chile.

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Science & Cooperation in Rice Strategy

Cuba will introduce new scientific applications in the cultivation of rice with the collaboration of specialists from Japan, China and Vietnam, in a program for the production of that cereal until 2013 and which should reduce the island’s dependence on imports.

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Cuba Rebukes US at World Trade Org.

Cuba strongly criticized the U.S. blockade and described it as a failed policy during a debate in the Dispute Settlement Body of the World Trade Organization (WTC) on Section 211 of the U.S. Budget Allotment Act, which has led to litigations between both nations over the possession of trade marks registered in the island.

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Fewer Storks Visit Cuba’s Clinics

Women in Cuba cite a variety of reasons to explain their decision to have only one child, ranging from the housing shortage to the rising cost of living and the many work responsibilities they have to shoulder. But many say that if things were different they would have a bigger family.

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Cuba-China Co. to make appliances

Cuba and China will launch in 2010 a joint venture to produce household electrical appliances such as washing machines, ACs, lights, monitors, PCs and laptops, a joint effort between the Haier Corporation and the island’s Electronic Group.

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Cuba’s Trade with Canada Up 15%

Commercial exchange between Cuba and Canada registered a 15 per cent growth in the first nine months of 2009, announced Canadian Minister of State for the Americas Peter Kent during a meeting with Cuban Deputy Foreign Minister Dagoberto Rodríguez.

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Orbitz Keeps Plugging for Cuba Travel

Orbitz Worldwide travel company continues to campaign for an end to the US ban on its citizens from visiting neighboring Cuba. The OpenCuba.org campaign started by the firm has to date received 100,000 signatures from people trying to send a message to Washington.

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Open House at Havana Int. Trade Fair

“I remember the first time that I came to the trade fair I fell in love with a stroller here. I was pregnant and wanted it for my son, but it was only a whim I couldn’t realize. They didn’t even sell it, but I had to resign myself to the one I’d used when I was little. My mother had kept it well preserved all those years,” said a member of the public.

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Sol Meliá Promotes Cuba Destination

This month Spain’s Sol Meliá group will carry out in Chile, Argentina and Uruguay a campaign to promote its hotels and offers in Cuba, placing emphasis on the installations located on keys and the opportunity of combining them with the capital, announced the Cuba Division’s CEOs.

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Brazil Ships Machinery to Cuban Port

Brazilian companies began transporting heavy machinery to Cuba, where they will work in the reconstruction of the port of Mariel, to the west of the island’s capital, announced Brazilian Minister of Development, Industry and Foreign Trade Miguel Jorge. The estimated cost of the work is US $600 million, half of which will be contributed by the South American nation.

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