Cuba Gives Google OK to Improve Access to Its Internet Services
The US company Google and Cuba’s state-owned telecommunications company Etecsa signed an agreement on Monday to improve the speed of access to Google services on the island.
Read More
Business & Economy
A Push Forward in US-Cuba Business Before Trump Takes Over
The Signing of important agreements between large US corporations and the Cuban government have finally been confirmed, on the eve of Donald Trump entering the White House on January 20.
Read More
Venezuela Currency Recall Causes Chaos and Confusion
Venezuelans began rushing Monday to shed their 100-Bolivar bills, currently the highest denomination in the country (although only worth US $0.025), which will be out of circulation in 72 hours by a presidential order.
Read More
EU and Cuba Formalize Agreement on Political Dialogue and Cooperation
The European Union (EU) and Cuba signed today a Political Dialogue and Cooperation Agreement, which provides for much more intense political and trade exchange, as well as greater cooperation in areas such as fighting Climate change, tourism and culture. The accord had been announced weeks ago and was formalized on Monday.
Read More
Food in Cuba: A Vicious Cycle
An analysis of the food market in our country reveals the continuity of high prices which tend to increase, taking the official average salary of consumers into account. Here is my attempt to explain the different markets that exist in Cuba for food.
Read More
Venezuela Presents New Currency Denominations to Face Inflation
The Central Bank of Venezuela (BCV) introduced six new banknotes this week and three coins to facilitate commercial transactions amid the escalating inflation in the country. Circulation will begin as of December 15th.
Read More
Cuba’s Sugar Harvest (2016-2017) Begins
Up until the first years of the Revolution, there were 161 operating sugar mills, and production varied between 4 and 5 million tons per year, with all-time highs of just over 8 million tons per year in the ‘70s and ‘80s. However, over the last few years, only 50-60 sugar factories continue to grind sugar with production levels standing at 1 to 3 million tons per year.
Read More
Foreign Investment in Cuba: Urgency vs. Waiting
For over two years now, Cuba has been doubling its efforts to attract a greater flow of foreign capital. And it’s no longer understood as a “necessary evil”, nor a “complement” but as a vital aspect for national development. However…
Read More
American Airlines Flies into Havana, Future Uncertain with Trump
The first commercial flight between Miami and Havana in more than 50 years landed on Monday in the Cuban capital, coinciding with the start of funeral honors for Fidel Castro and the threat of Donald Trump to reverse the opening towards the island.
Read More
Vietnam, a Miracle for Cuba to Follow?
Cuban authorities have insisted on the Cuban people knowing the absolute minimum about the Vietnamese “perestroika”, known as the Doi Moi, for one main reason: private property, a subject which has terrorized them.
Read More