Business & Economy

Cuba Cuts Growth Forecast to 1.4%

The Cuban government cut its prediction for economic growth in 2014 to only 1.4% down from 2.2 %, reported dpa news on Monday. The figures reflect a “higher than expected slowdown, Economy Minister Adel Yzquierdo told a cabinet meeting.

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Cuba Restores Website Censorship

The temporary unblocking of several Cuba related websites proved only a momentary lapse of those in charge at the Ministry of Telecommunications of deciding what information can circulate on the island.

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Havana-Miami Plane Tickets: A Veritable Odyssey

The Cuban travel agency Havanatur is making a killing through the sale of Havana-Miami and Miami-Havana air tickets, despite the lack of information and disorganization surrounding these transactions.There are no alternatives one can turn to, because Havanatur is a State-run monopoly.

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Cuba Tries Canadian Businessman

The trial of Canadian entrepreneur Cy Tokmakjian, arrested more than two years ago on corruption charges in Cuba, has been underway since June 9th in a Havana court and is expected to extend for at least two weeks, said sources related to the case.

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Returning to Cuba to Invest

While many Cubans still base their life hopes on permanent emigration, a growing number of compatriots are returning to their homeland. Some, not few, do so to invest their small capital in private enterprises, in the context of the “updating” of the economic model that the Cuban government is carrying out.

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Rations for Havana Residents June 6-11

We present the list of protein products that Havana residents can buy with their ration booklets in their local bodega stores during the week of June 6-11. The products are distributed by monthly on a rotating basis in the 15 municipalities of the capital.

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