Business & Economy Archives - Page 91 of 206

Cuban Smokers and Re-Sellers Blamed for Cigarette Shortages

Smokers in Cuba’s province of Sancti Spiritus continuously face cigarette and cigar shortages, but authorities insist it is not a manufacturing issue.

Cuba’s Jeniel Marquez: Soccer Star and Taxi Driver

In Cuba, you can run into a talented athlete who’s just traded kicks with New York’s Cosmos and fraternized with soccer legends Pele and Raul and who, after wiping off the sweat worked up by the match, returns to his native city to continue roughing it with his private “business.”

Cuban Doctors Suffer Consequences of Corruption in Guatemala

At least 147 Cuban medical doctors working on contracts in remote rural areas of Guatemala are suffering the consequences of corruption within the health system, which has pushed hospitals throughout the country to the brink of collapse.

Mexican Restaurant Takes Off in Havana

Andrés Buenfil, a businessman from the Mexican Yucatan who has visited Cuba regularly since 1988, has always been taken aback by the fact that our country lacks a good Mexican restaurant. Nonetheless, many friends and acquaintances advised him against the venture, but Andrés had already made up his mind.

Brazilian Bank Lifts Veil Surrounding Cuba Loans

The National Bank for Economic and Social Development of Brazil (BNDES) has put an end to the secrecy surrounding its contracts and divulged classified information about loans advanced to Cuba, including a more than US $680 million investment destined to the Mariel Port mega-project.

Where Does the Cuban Economy Go from Here?

Juan Triana, a researcher for the University of Havana’s Center for Study of the Cuban Economy, delves into the main issues facing the country’s economy today, including tourism, foreign investment, Internet, and whether it is feasible to follow the Chinese or Vietnamese models.

Cuba Finally Finds a Bank to Handle Its Accounts in the USA

The Cuban Interests Section in Washington has finally found a bank, overcoming another obstacle to the resumption of bilateral relations with the United States, according to sources with the State Department, reported dpa.

France and Cuba Sign New Agreements

The French-Cuban cooperation agreements encompass areas in the economy, sciences and the arts By Pilar Montes HAVANA TIMES — The

Less Cubans Going to Cinemas/Theaters

Cubans appear less and less interested in going to the movies, visiting museums, going to libraries or seeing stage plays – activities that are no longer among families’ entertainment or educational priorities. However, visits to art shows and attendance at dance music performances is up.

US State Dept. Requests More Cuba Funds

The US State Department is asking for more than $6 million to convert its Interests Section in Havana to an embassy and $528,000 for a new program called “Cuba Outreach Initiative,” budget documents show.