Business & Economy Archives - Page 25 of 211

Cuba’s Tourism Revenues Fell by Over 60% in Five Years

“Despite an investment of more than 24 billion dollars, the results show an alarming decline,” says Cuba Siglo 21.

The price of pork meat at Cuban markets has always worked as a thermometer to measure the state of the domestic economy.

The image in the cities is repeated: dark and impoverished streets, lit only by luxurious hotels that most Cubans cannot access.

New challenges in visiting Cuba with its deteriorated infrastructure and energy outages compounded by the recent natural disasters.

The province of Santiago de Cuba is approaching zero energy generation and receives one-tenth of what it needs.

The tourism minister admits that the target of 200,000 Russian tourists arriving to Cuba will not be met this year.

Facing the arrival of a hurricane in Havana is no joke, especially when the housing infrastructure is increasingly deteriorated.

It is becoming more and more expensive to pay for the few products that are at the Saturday’s food fairs in Cienfuegos.

The Cuban State makes all of its companies and workers believe that they are responsible for the crisis and should be sanctioned for it.

The UN and the European Union will send 94 tons of supplies for those affected by Hurricane Oscar in eastern Cuba.