Business & Economy Archives - Page 24 of 193

Eggs Have Become Golden for Cuba’s Retirees

Eggs cost 3,500 pesos per carton of 30 on the informal market. Most retirees receive pensions of less that 2,000 pesos a month (under $7 USD)

The sale of medicines and the purchase of foreign currency, all informal, happen in plain sight of the police.

Demographic problems can be alleviated through collaboration with private companies, according to the interview that the newspaper Escambray.

Huge stores full of Chinese products have been flooding Nicaraguan cities. Employees are not offered benefits or a formal work contract.

In Holguin, as in most of the Island, private businesses are rapidly replacing dilapidated state-owned companies infrastructure.

Those who live in Cabaiguán, once one of the most prosperous municipalities of Sancti Spíritus, claim that the town is divided into two.

With Cuban agriculture continuing to disappoint, Beijing promised to send some 20,408 tons of rice to the Island throughout 2024.

Even some of the gigantic mansions in Havana’s exclusive Siboney that were confiscated after the 1959 Revolution are now up for sale.

Prices have skyrocketed in the historic capital of Cuban exiles, making life even more difficult for new arrivals.

The administrator of the ‘agro’ market at 17 and K in Havana’s Vedado district was arrested and taken to the Zapata and C station.