Business & Economy

Trump Proposes Eliminating Grants to Cuban Dissidents

May 24, 2017 | 2 comments

President Donald Trump’s first budget request, which was submitted on Tuesday, eliminates funds directed to issues linked to civil society and human rights in Cuba [something which the Cuban government has been demanding for years].

Super Luxury Hotel Opens in Havana, Cuba

May 23, 2017 | 8 comments

The Gran Hotel Manzana, the first five-star plus hotel in Cuba, opened its doors Monday in Havana operated by the Swiss company Kempinski, which considers the facility its “point” of entry to the Americas. The hotel is owned by the Cuban Armed Forces.

Venezuela: Maduro Under Fire in the Odebrecht Corruption Scandal

May 12, 2017 | 3 comments

Testimony before the Brazilian courts has implicated Venezuelan president, Nicolas Maduro, in the Odebrecht construction company scandal in Latin America, according to details published today in the Brazilian media.

Old Havana’s La Luz Cafe Now in Hard Currency

May 9, 2017 | 12 comments

La Luz Cafe, located on Obispo Street, near the Hotel Ambos Mundos in Old Havana, closed its doors to the public in December. It was the only place left in the area which offered these kinds of services in regular Cuban pesos (CUP). (7-photos)

Cuba Announces “Economic Readjustments” for 2018

May 2, 2017 | 4 comments

The Cuban government has announced that it will be lowering state expenditures in 2018 to levels inferior to this year, a clear sign of the country’s worsening economic situation.

Google’s Real Impact in Cuba Today

April 27, 2017 | 1 Comment »

A news item from the AP news agency has reported that “Google’s GGC nodes finally went active in the last 24 hours”, wrote on Thursday morning Doug Madory, analysis director at Dyn Research which is based in New Hampshire on twitter.

General Motors Leaves Venezuela after Factory Confiscation

April 20, 2017 | 4 comments

US automaker General Motors (GM) announced today the cancellation of its operations in Venezuela after denouncing the confiscation of one of its plants by the government of Nicolas Maduro.

Brazilian Justice Calls for Investigating Lula over Cuba Projects

April 19, 2017 | 1 Comment »

Brazilian prosecutors seek to investigate former President Luiz Inacio Lula da Silva, accused of corruption, in connection with the Odebrecht corporation’s construction operations in Cuba, reports the Estado de Sao Paulo newspaper quoting secret court documents.

Cuban Officials Linked to Telecom Business with China Arrested

April 19, 2017 | 1 Comment »

Two senior Cuban officials linked to business with the Huawei consortium, a Chinese enclave within the state’s telecommunications monopoly on the island, were arrested in Havana on corruption charges.

Cuba Suspends Sending More Doctors to Brazil

April 18, 2017 | 14 comments

Brazilian authorities announced on Monday that they will seek to hire more local doctors after Cuba suspended sending more than 700 of its doctors, part of a health agreement between the two countries, for fear of defections.