Business & Economy Archives - Page 4 of 223

Foreign Companies Still See Opportunities in Cuba

President Díaz Canel noted that, despite the debts, these are businesspeople who “continue to trust in Cuba,” with “a sense of commitment”.

The new hotel’s construction is being handled by the French company Bouygues and it will have 520 luxury rooms.

The Cuban government’s relationship with its population on other shores remains one of its many unresolved issues.

Cuba’s banking system is undergoing a deep crisis due to lack of liquidity, something even official sources have acknowledged in recent days.

At the Havana Trade Fair, Vice Prime Minister Oscar Perez-Oliva called for confidence in a “more dynamic & transparent” business environment.

Cheaper ultra-processed foods with no nutritional value are replacing agricultural products in today’s Cuba.

By diverting attention from his disastrous performance by aiming the cannons at the US embargo and economic sanctions.

Priority circuits, such as the hospital and the Dairy Combine processing plant, are also affected by the outages.

With the 1959 Revolution, bread became politicized. The promise of “bread for everyone” was institutionalized in 1962 with the Ration Book.

There is growing suspicion that the Cuban regime has appropriated these funds to pay for its imports.