Business & Economy Archives - Page 61 of 207

What Can Happen with the Russian Economic Plans in Cuba?

The Russians are not going to be the salvation of the Cuban economy. Not by a long shot. No one should expect magical solutions in all this.

Economist Pedro Monreal thinks the Government spends too much time focusing on commercialization, instead of prioritizing production.

Not acknowledging mistakes, failures or defeats and smearing them with a triumphant and misleading discourse has only done more damage.

Rivers of ink have led to this conclusion of the trial, expected to become a precedent, and which is interpreted as a win by both parties.

Of course we have to produce more! But the correct question for an economist and for the economy would be: How do we produce more?

The money will be used to pay Pleatex’s debt to Blue Capital Partners, two foreign companies that have operated in Cuba

If we take the last 15 years into account, everything indicates that when prices increase, the Government’s key measure is applying controls.

The glass of milk for “anyone who wanted it”, proclaimed by Raul Castro in 2007, has even been erased from the official records of that day.

Spectacular data was offered from the productive and commercial monopoly consortium of Cuban tobacco, Habanos SA.

Food prices might not seem so high to a foreigner since they have also risen considerably abroad. The big difference is in purchasing power.