Business & Economy Archives - Page 4 of 219

Gasoline in Dollars: The Gap Widens Between Cubans

Gasoline has become a scarce commodity, a privilege that divides even among car owners: those with access to dollars and those who don’t.

Climate change, the greatest negative externality in history, is hitting Latin America hard, exacerbating inequality, threatening the common good.

Cuban businessman Mike Fernandez believes the thaw with the US failed because “the Cuban leaders, being older, were afraid of change.”

The sudden closure of a store with a notice on the door or none at all, is often the clearest sign of its conversion to the dollar system.

In collaboration with Spain, specialists from Cuba Energy are experimenting with biofuels instead of diesel to power bakery ovens.

Eating on the street is now a luxury. No more cajitas de comida or cups of natural juice. At most, fluorescent-colored instant drinks.

This facility in Havana uses six Turkish chimneys but is located on land—only the engines remain to be installed.

Sitting in the doorway of a neighbor’s house, Teodosia Nilda Hernandez, 80, sells a pair of shoes to make it to the end of the month.

Cuba has admitted for the first time that it produces cigars with prison labor, without free, decent, voluntary, & audited working conditions.

Twenty years after her first idyllic trip to Cuba, Marina, from Spain, discovers a devastated country and deplorable service in 5-star hotels.