Business & Economy Archives - Page 7 of 213

Cuban Gov. Admits Inability to Reverse Economic Collapse

Official data confirms the alarming 11% drop in Cuba’s Gross Domestic Product (GDP) over the past five years.

For decades, Canada is the country with more of its citizens visiting Cuba, especially during the cold months up north.

As the difference grows between the bellies of Cuban leaders & the situation of everyday Cubans, the government preaches creative resistance.

Despite repeated announcements in official forums, the government’s declarations never go beyond empty promises.

Complaints from Moa are not new. For decades, Moa’s residents have warned about environmental degradation and its impact on their health.

“The ACs are broken here’” says a worker at Plaza del Calzado shoe store, which will soon switch to selling in dollars and suddenly have AC.

It’s time to heed the warnings of the past and take decisive action in the present. Let’s start by measuring what really matters.

Many retirees would need to invest half of their pension in a simple 284-gram (0.62 lbs.) package of imported coffee.

Alex Jimenez, a 21-year-old Cuban, has been running a thriving business that he has decided to call Mangatiny.

The government believes that what matters is not what happens or what people endure to survive, but whether that others find out about it.