To hope for the best and prepare for the worst seems to be the maxim followed by those who manage Cuba’s economy when offering an overview of the situation, which doesn’t look very promosing in 2016.
Read MoreCuban President Raul Castro called today for respect for the national sovereignty of the country in order to move forward with the full restoration of diplomatic relations with the United States.
Read MoreThe Cuban gross domestic product (GDP) will grow by two percent in 2016, a figure that is half the increase the government claimed for this year, said the Minister of Economy and Planning Marino Murillo, at the beginning of the plenary session of the People’s Power National Assembly. “Growing at all amid the current global crisis is positive…”
Read MoreThe governments of Cuba and the United States agreed to restore direct commercial flights between the two countries after more than half a century. American Airlines could be one of the first to take advantage of the new opportunity.
Read MoreCuba will close 2015 with magnificent news for its ailing finances: this Saturday, Raul Castro’s government and the Paris Club reached an agreement on the island’s debt that will secure a US $ 4 billion relief in interests due and reduce Havana’s outstanding debt to US $ 2.6 billion, payable in the generous term of 18 years.
Read MoreThe 19th Havana Arts and Crafts Fair (FIART) continues through Sunday December 20th at the Pabexpo fairgrounds in the Cuban capital. The international event is dedicated this year to ceramics and the province of Matanzas. (40 photos)
Read MoreFree access to beaches and tourist facilities in Cuba’s northern keys is now being demanded by the population of a country where economic changes are prompting more and more difficult – and explicit – questions about citizen rights. The beaches located in the northern keys of the province of Ciego de Avila.
Read MoreThe United States and Cuba announced on Friday that “in the coming weeks” direct mail service between the two countries will be resumed, more than five decades after it was cut off, reported DPA news.
Read MoreIn Cuba, where most of the population struggles to put food on the table and scrounge up the bare minimum to get by, the recent report by the International Telecommunications Union (UIT), declaring the island the least developed Latin American country in terms of information and communication technologies, may seem trivial.
Read MoreTexas governor Greg Abbott began on Monday a three-day visit to Cuba to advocate for trade relations amid the political thaw between Washington and Havana.
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