The Cuban government implemented this Friday a reduction of 20 percent in the price of 70 products, mainly food, in response to the demands of the general population over the insufficient purchasing power of their salaries and pensions.
Read MoreIn the last days of March, Roger Boniche attended an extraordinary event in Cuba. The Rolling Stones, one of the most influential bands in the history of Rock, offered a concert in Havana on the heels of President Barack Obama’s visit. The 40-year-old orthodontist didn’t want to miss this event, so he flew to the island to witness it first-hand. While he was enjoying the music of the British rockers, he earned money by renting out his house through AirBnB. He posted an ad on the site, and the company did the rest for him.
Read MoreThe revelations implicate 12 heads of state and a number of other politicians, their family members and close associates, including friends of Russian President Vladimir Putin, relatives of the prime ministers of Britain, Iceland and Pakistan, and the president of Ukraine.
Read MoreThe Cuban government must provide a viable credit policy for its low-earning population if it wishes to successfully bridge the economic transition period to relieve the state apparatus and create more self-employment within the country.
Read MoreWhat would have been unthinkable a couple of years ago is now becoming a reality. Google has been reported to be setting up shop in Cuba. And what could this imply to the Cuban people? The Holy Grail: cheap and fast Internet.
Read MoreUS president Barack Obama met on Monday afternoon with US business people and “self-employed” Cubans in Havana, as part of his historic trip to the island run by Raul Castro and the Cuban Communist Party.
Read MoreThe restaurant chosen by the Obamas for their first dinner on the island is called “San Cristobal” and is located in Central Havana, a neighborhood of narrow streets and colonial buildings, some of them badly damaged.
Read MoreStarwood will manage the emblematic Hotel Inglaterra in Old Havana and the Hotel Fifth Avenue in the Miramar. The company based in the state of New York also signed a “letter of intent” to run the Hotel Santa Isabel, located in the historic city center.
Read MoreThe Cuban government announced today that it will eliminate its 10% tax on the use of the US dollar on the island. The good news for ordinary Cubans and tourists alike comes in response to Washington’s new measures to further relax the economic embargo.
Read MoreThe Caterpillar Foundation announced that it will donate half a million dollars to the Finca Vigia Foundation, an organization that works to restore and preserve the house of Ernest Hemingway in Cuba, historical documents and other items that belonged to the US writer.
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