Business & Economy Archives - Page 6 of 206

Neither Shrimp nor Lobster Escape Debacle of Cuba’s Economy

In five years, pork production has dropped by 95%, pasta 92%, rice 82.4%, yogurt by 81.2%, coffee 65.6%, ice cream 62% and flour 60%.

Airbnb has indefinitely suspended both payments and services on the island, offering no clear explanation to those hosts affected.

In the midst of the ruins, the constant shouting of a seller seemed to awaken a neighborhood where the crisis has imposed a slumber.

Unions demand the repeal of Law 462 concerning the Social Security Fund and denounce the recent memorandum with the USA.

The regulation allowing travelers to bring in certain products duty free will remain in effect until next September 30, 2025.

The process that takes the grain from the fields to the table doesn’t end with the harvest. The farmer must dry it and pass it through a mill

According to official statistics, state bread production in Cuba has fallen by 34 percent over the past six years.

Barely enough to buy four bottles of cooking oil or two and a half cartons of 30 eggs in the small private shops when they are available.

“There’s a real joy because of this festival. It’s a blessing for the people,” said local resident Roberto Verdencia to IPS.

A Vietnamese company was also the first to receive land in Cuba—initially 308 hectares—to plant rice in Pinar del Río.