Business & Economy Archives - Page 79 of 213

Cuba Reports Crackdown on Tax Evasion

According to government reports, a total of 223 cases of tax evasion by people who are self-employed were sent to Cuban courts, and if found guilty, they could be sentenced to up to 8 years in prison.

Police Mobilize in Havana to Prevent Taxi Driver Protest

Agents of the Cuban Interior Ministry took to the streets adjacent to Paseo Avenue of the capital, and all access roads to the Plaza of the Revolution, on Monday for fear of a protest by private taxi drivers.

Can Cuba Meet its Foreign Debt Repayments?

Cuban economist Emilio Morales takes a look at the island’s foreign debt, economy and reserves and questions the claim that over five billion US dollars was actually paid on the debt during 2016. He also calls on a wide opening of the economy to outside funds as the only way out of stagnation.

Trump Ally Joins Congressional Delegation to Cuba

A delegation of four senators and one representative of the United States Congress traveled to Cuba on Sunday, exactly a month after the arrival of a new president to the White House. One of the senators is a strong ally of Donald Trump.

Nicaragua’s Central Bank Launches an “Atlas” of Economic Activity

Did you know that in Managua business establishments generate 197,000 jobs? Or that in the capital itself there are 228,281 homes, of which approximately 15,247 receive family remittances?

Taxi Fares Lowered 50% in Havana

Without taking into account the drivers and owners of private vehicles, the local government decided to lower the prices of collective taxis in the capital. Many trips that previously cost 10 pesos now cost 5 and “compliance is mandatory”

Rex Tillerson’s Nicaragua Connection

The past returns to haunt us sometimes, and those you thought you’d beaten come back with more power. That’s exactly what happened to presidents Nicolas Maduro and Daniel Ortega on February 1st, when the United States Senate confirmed Rex Tillerson as the US Secretary of State for the new Trump administration.

Building a Home in Cuba

When the Cuban government announced that property could be bought and sold in November 2011, many people found themselves face to face with an opportunity to make some money or to finally get their own home.

Food Prices in Havana during January

Havana Times’ monthly study of prices reveals that at the end of January, there had been a somewhat uncontrollable increase in some highly sought-after root and green vegetables, although certain products have maintained acceptable prices for customers in line with the current valuation between the market and people’s income.

Cuba Sends Delegation on US Business Tour

The challenges facing new US President Donald Trump are many, but within 24 hours of his inauguration, his new administration is coming face-to-face with its first test related to Cuba. On Saturday, a delegation of Cuban government officials from the business sector landed in the US on a business trip which will last until February 3rd.