Business & Economy Archives - Page 47 of 213

Cuba’s Economic Crisis Falls Heavily on the Retired

Ramon Tellez: “after 37 years as a professor with a Master’s degree, I retired on a pension of 2,230 pesos which is like saying nothing.”

As a first purchase, two containers with 518,400 eggs total will soon leave for Cuba, providing the equivalent of one egg for every 20 Cubans

The blackouts continue throughout the country affecting both residential customers and production centers.

In essence, either Diaz-Canel knew nothing about it or he was also being investigated to see if he was involved.

The country’s highest authorities, headed by Raul Castro, close the Federation of Cuban Women’s congress in Havana .

The Government says it is carrying out “steps to guarantee the safe return”, but the conditions could prolong the operation over time.

Nicaragua’s Minister of Finance protested, reminding the new CABEI bank president that Nicaragua voted for her.

We must ask not only who carried out the “rigorous investigation” but who approved it.

Although all of Cuba knows that ministers do not act on their own, in the note it seems as if the President and the Party had no knowledge.

Prime Minister Manuel Marrero said that among the Cuban Government’s pending tasks, is “the restructuring of the foreign exchange market.”