Business & Economy Archives - Page 91 of 220

Cuba Faces Hard Times but Not Collapse, says Raul Castro

Cuban President Raul Castro recognized today the “economic difficulties” in the country, but rejected “speculation and predictions of an imminent collapse” of the national economy.

USA to Havana Flights Approved for 8 Airlines

The US government approved Thursday a list of eight airlines to fly routes from different US cities to the Cuban capital Havana. Last month the government authorized six airlines to fly to different Cuban provinces.

Cuba to Face New Belt Tightening…

The Cuban government announced today that it “will face restrictions in the economy” during the remainder of 2016 due to the fall in international oil prices and nickel.

Cuba to Decide between Organic and GMO Farming

On the one hand, US business people and farmers are looking to buy organic food produced on the island, while others are interested in selling Cuba genetically modified seeds and grains.

Sheraton Opens its First Hotel in Cuba

The Four Points Hotel operated by Sheraton of the Starwood chain opened for business today in Havana, Cuba, becoming the first US hotel establishment operating in Cuba since the 1959 Revolution.

The Most Revealing Concepts of the Cuban Model

Much has been discussed and written recently about the Conceptualization of Cuba’s social and economic model. Official spokespersons pay tribute to the fantastic program and praise just how democratic the Cuban government is that we are able to discuss the document.

Cuba Gives OK to MasterCard at Havana ATMs

The Central Bank of Cuba today authorized the use of MasterCards issued by Stonegate Bank in the US and Banco Popular of Puerto Rico in operations at ATMs in the Cuban capital.

A Nicaraguan Businessman at the Top of the Financial World

The first time Henry Fernandez made news headlines was when he was a little over four years old. Being mischievous, he started his parents’ car which then rolled down a hill. He crossed roads and buildings… He didn’t stop until some baseball players held onto the car and brought the car to a stop.

Washington Authorizes Six US Airlines to Offer Commercial Flights to Cuba

Six US airlines received authorization today from the US government to begin offering this fall direct commercial flights between several US cities and Cuba, the first in over 50 years. For some unknown reason, Havana isn’t on the initial list of allowed destinations but will be included later this summer.

How Cubans Use WiFi Hotspots (Infographic)

Most Cubans using Internet outside their limited workplace connections take advantage of the new WiFi hotspots located in some public areas of Havana and the provincial capitals. See how they use the service.