News

Maduro Visits Fidel Castro in Havana

Venezuelan President Nicolas Maduro traveled to Havana and met with Fidel Castro on Saturday to commemorate the first visit by Hugo Chavez to Cuba and his encounter with the Cuban leader 19 years before.

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Cuba to Issue Bonds to Finance Budget Deficit

Cuba will begin to issue sovereign bonds to pay for the debt generated by the budget deficit, Finance Minister Lina Pedraza told the Cuban parliament on Saturday. The nation will in this way finance up to 70 percent of the deficit, which in 2014 is expected to reach 4.7 percent of the GNP.

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Cuba Confirms Elimination of Hard Currency CUC

The point man of the Cuban economy, VP Marino Murillo, confirmed Friday that the Cuban Convertible Peso (CUC) will be eliminated in the process to reestablish a one-currency system on the island. No date or timeline was given for its disappearance.

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Cuban Pianist Robert Fonseca Reaches New Heights

The latest album of Cuban pianist Roberto Fonseca, “Yo” (I) , is among the 10 best musical productions of 2013 in the U.S., according to a survey by The Washington Post. The musician announced on its Web site several tours during March and April next year, in Australia , New Zealand , Hong Kong , France and the UK.

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Cuban VP Marino Murillo Reappears

After days of rumors about the possible defection of Cuban Vice President and economic reforms chief, Marino Murillo Jorge, the official was reported present during a session this week of the Council of Ministers in the Cuban capital.

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Cuba Eases Restrictions on Car Sales

The Council of Ministers of Cuba decided at its current meeting to open up the retail sale of new and used motorcycles, cars, vans and minibuses. Cubans with well-off relatives in the United States and other countries will be a considerable percentage of those able to take advantage of the relaxing of restrictions.

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Havana Weather for December 19-25

Until Tuesday we will have terrific weather. Days with few clouds or totally clear. Temperatures will be pleasant , still slightly above the norm for December. High temperatures will range around 27° C (80 F) and lows around 19° C (66 F).

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