News

Cuba and Sherritt of Canada Sign Deal to Increase Oil Production

The Canadian company Sherritt announced Monday the signing of a new contract with Cuban authorities for joint venture drilling and gas production for 10 years, extendable to 2028. The company’s executives have suffered reprisals from Washington for its economic relationship with Cuba, including being denied entry to the USA.

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Cuba Reiterates Offer to Swap Alan Gross for Three Cubans

A virtual spokesperson for the Cuban government reiterated today the Castro administration’s willingness to swap US citizen Alan Gross for the three Cuban Five members still imprisoned in the USA. His remarks came as the US and the Taliban made public an exchange that freed a US soldier in Afghanistan for the release to Qatar of Taliban militants held at the US Naval Base at Guantanamo.

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Cuba’s Phone Co. Sings the Blues

The socialist state telephone company, ETECSA, complains about the competition from individuals “using the Internet as an alternative route” to supplant “the role that corresponds to the company” and “International Telephone Companies” bringing “heavy financial losses.”

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US Business Lobby Calls for Trade with Cuba

“Cuba is changing some of its economic policies and the private sector is evidently growing,” said US Chamber of Commerce President, Thomas Donahue, during his speech at the University of Havana, in which he condemned the economic embargo Washington has been imposing on Havana for more than fifty years.

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US Exec Praises Cuba’s Economic Reforms

“It is time to begin a new chapter in U.S.-Cuba relations,” said Thomas J. Donohue, president of the U.S. Chamber of Commerce, addressing students, academicians and other guests at the University of Havana on Thursday (May 29).

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