Business & Economy

Cuba in Search of Billions in Investments

Juan Triana is one of Cuba’s most renowned economists. Some of his lectures are passed around by Cubans on flash drives. Before Raul Castro’s reforms began, his opinions and those of his colleagues at the Center for the Study of the Cuban Economy sparked off considerable controversy.

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US Fines Miami Co. for Reimbursing Expenses for Medical Services in Cuba

The BUPA Florida group associated with a large international health insurance consortium, agreed to pay a fine of US $ 128,704 dollars for transactions that allegedly violated the rules of the Treasury Department for providing coverage for people listed as drug traffickers [not-Cuba related] and reimbursing expenses to a customer who received medical treatment in Cuba.

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NYT Calls for Cuba Policy Change

The New York Times, the most influential US newspaper, asked President Barack Obama to reflect seriously on ending the half-century-plus embargo on Cuba calling it counterproductive to promote democratic change on the island.

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Santiago de Cuba’s Rum Museum

Santiago de Cuba’s Rum Museum is a place no visitor will want to miss. Located at the downtown intersection of San Basilio and Callejon de Carniceria, it is housed by an old, residential mansion built in 1889. The museum affords us a trip across the history of rum making. (27 photos)

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Cuba’s Mad Array of Exchange Rates

True monetary unification will be difficult to achieve in Cuba. The steps taken so far, coupled with what we know about how the Party-State operates, suggest we will continue to see the opportunistic use of multiple exchange rates.

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