Business & Economy


Cuba’s Emerging Individual Entrepreneur

July 25, 2015 | 4 comments

The individual entrepreneur, the proprietor and founder of the small and midsize businesses that have been organized throughout the country lacks official recognition as such and is still considered a “cuentapropista” (self-employed), as if there was no difference.




US and Cuba Banks Agree to Relationship

July 22, 2015 | No Comments »

Stonegate Bank, which earlier this year became the Cuban government’s bank for its diplomatic mission in the United States, has set up a correspondent banking relationship with a Cuban banking institution.




Cuban Lung Cancer Vaccine Offered in Local Hospitals

July 18, 2015 | 4 comments

“The vaccine against lung cancer is unique in the world and is very new,” Arlhee Díaz, pharmacist and marketer for the research center, explains to the public. It doesn’t eliminate the tumor but the vaccine’s manufacturer claims it slows its growth, allowing patients to live longer and with a better quality of life.




Revalidation of Cuban Medical Licenses Suspended in the United States

July 13, 2015 | 2 comments

Cuban medical doctors taking steps to revalidate their professional licenses in the United States are facing a new dilemma.




Fidel Castro Talks Food in Meeting with Cuba’s Armed Forces

July 12, 2015 | 8 comments

Fidel met with chiefs, officers and civilian employees of the Revolutionary Armed Forces (FAR) and the Ministry of the Interior (MININT) over Cuba’s food production.




Carnival Approved for Cruiser Tours to Cuba

July 7, 2015 | 5 comments

Big time cruiser tourism will be coming to Cuba starting in 2016 after the U.S. Treasury and Commerce Departments gave the green light to Carnival Corporation to promote cultural exchange tours to the island.




Cuba and China: Profiting from Differences

July 3, 2015 | 1 Comment »

In terms of their dimensions, populations and economic conditions, Cuba and China are as different as an ant and an elephant. Their partnership in the field of biotechnology, however, has been recognized as highly profitable for both parties.




“Cuba’s Bureaucracy Sees Popular Participation as a Problem”

July 3, 2015 | 6 comments

In recent years, the legislative sphere has been one of the most active as a result of the transitional process undertaken by Cuba through the “updating” of the economic model impelled by the government. New norms have been established to enshrine popular aspirations that had been postponed for years.




Cuba-USA Finally Agree on Details to Reopen Embassies

June 30, 2015 | 13 comments

The United States and Cuba announced Wednesday they have reached an agreement to reopen embassies in Washington and Havana after apparently working out the pending details, reports dpa news.




Cuba’s State Telephone Monopoly Denies Home ADSL

June 27, 2015 | 5 comments

Cuba’s telecommunications company hastened this week to plug a leak that said that the state-run company, ETECSA (Empresa de Telecomunicaciones de Cuba, S.A.), would “offer broad-band Internet access packages to Cuban homes through ADSL technology and at varying connection speeds.”