News

Cuba Loan Program to Begin Dec. 20

Bank loans for small businesses and farmers will gradually become a reality starting Dec. 20, states Cuba’s official press on Thursday. However, the overall amount of funds budgeted by the government for the loans was not made public.

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Cuba in the Film Festival That Nears

December is approaching and with it comes the anxiously awaited Havana Film Festival, an annual event that showcases the latest films from this continent and the Caribbean. Cuba will be 14 works that include documentaries, animated shorts and films debuts.

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The Weather in Havana, November 24–30

Due to frontal systems, scattered showers are expected to occur at the beginning and the very end of the seven-day period. Owing to an anti-cyclonic influence, we will have nice weather over the rest of the time. High temperatures will go up to around 26°C (79°F), being higher in the first part of the period. Low temperatures will fall to around 20°C (68°F).

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Cuba Loosens Internal Migration Law

Cubans wanting to move from the provinces to the capital will have a much easier time under a new exemption to the law that threw up a difficult bureaucratic obstacle course for doing so since 1997 when it was adopted.

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Cuba Farmers Get New Market Freedom

Cuba will now allow its collective and individual farmers to sell directly to businesses in the tourist industry, a move geared to provide incentives for quality products and timely deliveries. The move takes effect on December 1.

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Why Cuba Is Not Part of the IMF, WB & IDB

While researching his new report Reaching Out: Cuba’s New Economy and the international Response for the Brookings Institution, Feinberg found that while on the U.S. side few officials have any real knowledge of the Cuban economy, the executive branch understands that it is in the U.S. best interest for Cuba to be admitted to the international financial institutions (IFIs).

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Cuba Opposes IAEA Vote over Iran

Cuba and Ecuador were the only two countries that opposed a resolution approved Friday to apply stepped up pressure on Iran over its nuclear program. Russia and China joined the USA and its Western allies on the UN Security Council.

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