Business & Economy

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.

Read More

Will Russia Pick Up Cuba’s Oil Tab?

An article published this week in the Russian publication Sputnik has some people thinking that Vladimir Putin may be ready to provide Cuba with cheap oil to pick up the slack from Venezuela, its current supplier. Such a move by Russia would be a modified version of the former Soviet Union’s subsidizing the entire Cuban economy from the 60s until its demise in 1991.

Read More

A New Year for Cuba with the Old Style

So we see that the old work style has been taken up again in the new year, the heir of the Stalinist era in Soviet Russia, characterized by “leadership” visits to workplaces, housing estates and social works under construction, etc., to make sure that plans drawn up by those at the top are being met and to make clear that “the Revolution’s work is there to benefit the people.”

Read More

Cuba’s Free Home Internet Test in Old Havana

With a free trial service the Internet is reaching 2,000 homes in Old Havana. It is the first time that ordinary citizens can access the Internet from their homes. It is said that signing contracts and charging in hard currency to those wishing to continue with the service will begin at the end of February.

Read More

Nicaragua’s Social Security: the Economic Crisis Grows

Reforming the pension system is an ever more urgent task, given that the Nicaraguan Social Security Institute (INSS) has suffered losses for the fourth consecutive year (a deficit of US $44,295,000 in 2016), bringing ever closer the moment of an economic collapse if urgent changes aren’t made.

Read More

New Year Blues

Everything closed, “or almost everything, which isn’t the same thing but is” – a singer-composer once said, this is what happened over the first three days of January in the Cuban capital.

Read More