Business & Economy Archives - Page 70 of 217

US Authorizes Vehicle Sales to Private Enterprises in Cuba

The Office of Foreign Assets Control (OFAC) of the US Treasury Department granted a license to the Miami company Apacargo Express

Another fear is that food prices will rise further or supplies will decrease, if the shortage of oil makes it difficult to supply the markets

Cuban workers aren’t the only ones affected by the ruling elite’s control. Foreign or mixed enterprise are also subjected to the abuse.

“It will no longer be necessary to spend whole days and early mornings to acquire fuel.” Vehicle owners are skeptical about it helping.

“The thieves are walking free, we know who they are, but the Police says they have to catch them slaughtering the stolen animals”

If the reform program the Cuban Government requested from Russian experts is to develop private enterprise, then something smells bad.

In the state companies of Sancti Spíritus, “zero consumption” was imposed between 11 in the morning and one in the afternoon

You can’t ask people to be innovative in the search for resources and solutions and then keep their hands tied.

While the Government plays Monopoly, citizens wonder how this will affect their daily lives. Will inflation and scarcity decrease?

The policy’s effectiveness will depend on incentives given to citizens who possess USD to deposit some of them in the bank.