Business & Economy

Cubans on the Frontline Against Ebola

October 14, 2014 | 18 comments

Many people react with admiration to the honorable gesture of the Cubans. The medical mission will expand to more than 400 in the coming weeks. They will remain in place for at least six months.

NYT Calls for Cuba Policy Change

October 12, 2014 | 5 comments

The New York Times, the most influential US newspaper, asked President Barack Obama to reflect seriously on ending the half-century-plus embargo on Cuba calling it counterproductive to promote democratic change on the island.

Santiago de Cuba’s Rum Museum

October 12, 2014 | 1 Comment »

Santiago de Cuba’s Rum Museum is a place no visitor will want to miss. Located at the downtown intersection of San Basilio and Callejon de Carniceria, it is housed by an old, residential mansion built in 1889. The museum affords us a trip across the history of rum making. (27 photos)

Cuba’s Mad Array of Exchange Rates

October 11, 2014 | 11 comments

True monetary unification will be difficult to achieve in Cuba. The steps taken so far, coupled with what we know about how the Party-State operates, suggest we will continue to see the opportunistic use of multiple exchange rates.

Looking at Cuba’s Social Spending Cutbacks

October 9, 2014 | 9 comments

Coverage in Cuba on the situation of the poor in other countries is extensive and crowned by bold headlines. Here, on the other hand, we get a mere slice of our news, a hidden phrase somewhere at best.

State Company Recognizes Adulterated Havana Club Rum

October 7, 2014 | 2 comments

Cuba’s CIMEX corporation recognized that one of its establishments was selling adulterated bottles of the popular Havana Club rum, the government’s website CubaDebate reported.

New Buenos Aires to Havana Flight

October 7, 2014 | No Comments »

Aerolineas Argentinas (AA) will start a new service from Buenos Aires to Havana on Sunday January 4, 2015, confirmed the head of the airline, Mariano Recalde on Monday.

Havana Airport Reopens: The Outcry Was Felt

October 6, 2014 | No Comments »

The Cuban government heard the voice of the public and reopened terminal 3 at the Jose Marti Airport to people sending off or receiving travelers. Cyberspace had filled with protests after the closing of the facility.

What Will Change in Cuba’s Economy with Murillo’s Re-Appointment?

September 30, 2014 | 8 comments

Are there reasons to believe a change in Cuba’s economic strategies is coming, or is this merely a cosmetic change in the high spheres of power?

Cuba Sentences Canadian Businessman to 15-years in Prison

September 29, 2014 | 29 comments

Canadian businessman Vahe Cy Tokmakjian, 74, president of the Tokmakjian Group, was sentenced to 15 years in prison by a Cuban court on charges of corruption, trafficking hard currencies and tax evasion conducted on the island. Two other Canadian citizens and board members of the Tokmakjian Group in Cuba, entrepreneurs Claudio Franco and Marco Vinicio Vetere Puche Rodríguez, were sentenced to 12 and eight years in prison, respectively.