News and Facts about Cuba

Economy

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A Tale of Two Ice Creams

A Tale of Two Ice Creams
04/13/2016 02:43 pm ET
Janice S. Lintz

Consultant, Consumer Advocate, Foodie and Traveler
The ice cream shop Coppelia is practically a landmark in Cuba. Owned by
the Cuban government, the Havana-based parlor has sold the dessert since
the 1960s. It is now an iconic place for both Cubans and visitors.

On my recent trip… Continue reading

Inspectors Delay Cuba Cruise Brand’s Test Trip

Inspectors Delay Cuba Cruise Brand’s Test Trip
By MarEx 2016-04-12 17:54:19

The 700-passenger cruise vessel Adonia, operated by the new Carnival
Group “social impact” Cuba travel brand Fathom, has been prohibited from
departing on its first cruise due to inoperable fire doors, the U.S.
Coast Guard said in a statement Tuesday.

The Adonia was to leave Sunday for its first… Continue reading

Cuban farmers in ‘agony’ waiting for promised reforms

Cuban farmers in ‘agony’ waiting for promised reforms
ARTEMISA, CUBA | BY MARC FRANK

In Cuban farm country – between sugar cane, vegetable patches and
overgrown fallow land a world away from Havana’s tourist-filled streets
– producers are seething at what they say is the government’s
backsliding on promised market reforms to make their lives better.

“It is still agony… Continue reading

Cuba opens state wholesale market to some private businesses

Cuba opens state wholesale market to some private businesses
Associated Press
April 13, 2016

HAVANA (AP) — Cuba says it is opening its state-controlled wholesale
market to a limited number of private business owners in response to
rising food prices that have angered many ordinary Cubans.

WIthout access to wholesale goods, private business have been buying
basic supplies in retail… Continue reading

Cuba Implements Priority Programme To Produce Bio-products

Cuba Implements Priority Programme To Produce Bio-products

HAVANA, April 13 (BERNAMA-NNN- Prensa Latina) — Cuba has implemented a
priority programme to produce bio-products, which also includes the
construction of three plants, each with a capacity production of 1,000
tons in solid form and 600,000 liters.

According to experts from the Agriculture Ministry, given the harmful
effects on the land and… Continue reading

How to bring capital to Cuba

How to bring capital to Cuba
By: Michael W. Klein and Pavel Vidal-Alejandro

President Obama’s recent trip to Cuba has highlighted both the ongoing
tensions between Havana and Washington and the potential for an improved
relationship. The tensions were most evident in the
president’s contentious discussions with Cuban President Raul Castro
about human rights and political openness. On the other… Continue reading

Countries from Cuba to Portugal make investment pitch in Dubai

Countries from Cuba to Portugal make investment pitch in Dubai
Cuban officials attend the Annual Investment Meeting for the first time
Published: 17:28 April 12, 2016
Siddesh Suresh Mayenkar, Senior Reporter

Dubai:

Countries from Portugal to Cuba among others made investment pitches at
Annual Investment Meeting (AIM) on Tuesday.

While Cuba sought investments in exploration of natural resources,
mining even… Continue reading

Cuba loosens Communist control of some restaurant cooperatives

Cuba loosens Communist control of some restaurant cooperatives
HAVANA | BY MARC FRANK

Cuba announced on Tuesday that some cooperatives offering food and other
services will be able to buy supplies directly from government producers
and wholesale outlets for the first time, part of a wider but so far
cautiously implemented market reform program.

The new rules mean some former… Continue reading

Cuba’s creditors hire sovereign expert for debt talks

April 13, 2016 8:51 am

Cuba’s creditors hire sovereign expert for debt talks
Joseph Cotterill

Creditors seeking to do a deal with Cuba over its defaulted private debt
have appointed an expert on sovereign debt to co-ordinate their work and
begin dialogue with its government.
The designation of Rodrigo Olivares-Caminal, a professor at Queen Mary
University of London, is the… Continue reading

Will the Major Leagues close deals with the mafia behind Cuban baseball?

Will the Major Leagues close deals with the mafia behind Cuban baseball?
JOSÉ HUGO FERNÁNDEZ | Miami | 9 Abr 2016 – 1:52 am.

I hope I’m not a victim of some prejudice that clouds my understanding,
but I cannot fathom the need for Major League Baseball (MLB) executives
to sit down and negotiate all the time with Cuban officials,… Continue reading

The dual dilemmas of normalization – Obama’s and Castro’s

The dual dilemmas of normalization: Obama’s and Castro’s
JORGE A. SANGUINETTY | Miami | 11 Abr 2016 – 2:16 pm.

Regardless of the reasons that spurred President Obama to undertake the
process to normalize relations with Raúl Castro’s Government, it is
important to note that his first duty as President is to defend the
interests of the United States –… Continue reading

Why most Americans interested in traveling to Cuba are not Floridians

Why most Americans interested in traveling to Cuba are not Floridians

Massachusetts, Vermont, and Rhode Island had the most Google searches
for Cuba travel per capita
Florida was seventh
Interest in Cuba has spiked on Google searches after major developments
with the U.S.
BY CHABELI HERRERA

Those most interested in visiting Cuba live in places you might not expect.… Continue reading

Abraham – Trade possibilities with Cuba unlimited

Abraham: Trade possibilities with Cuba unlimited
Greg Hilburn, 3:57 p.m. CDT April 11, 2016

BATON ROUGE — Fifth District U.S. Rep. Ralph Abraham, who returned from
a trade mission to Cuba Saturday, said Louisiana farmers could
experience a boon when decades-long restrictions are finally lifted.

“For us the possibilities are unlimited,” said Abraham, R-Alto, who
coordinated the trip with… Continue reading

Cuban Americans banned from first cruise to Cuba in decades

Cuban Americans banned from first cruise to Cuba in decades
11 APRIL 2016 • 4:47PM

A Cuban-American national has been refused permission to travel on the
first American-owned cruise ship to visit the island in decades.

Cuban-born Maria de los Angela Torres, an academic at the University of
Illinois, tried to book a cabin on a Fathom cruise to the… Continue reading

Without Democratization There is No Guarantee of Cuba’s Independence

Without Democratization There is No Guarantee of Cuba’s Independence /
14ymedio, Pedro Campos
Posted on April 10, 2016

14ymedio, Havana, Pedro Campos, 6 April 2016 — Politicians, analysts and
academics, both socialists and liberals, have addressed the importance
of the political and economic democratization of Cuban society as a
basis for the desired lift-off towards the development and modernization
of… Continue reading

Business in Cuba promises rewards, but there’s risk, too

Business Forum: Business in Cuba promises rewards, but there’s risk, too
By Evan Berquist APRIL 10, 2016 — 2:00PM

After President Obama’s historic visit to Havana, many Americans are
excited about greater trade and travel opportunities to the island. For
good reason: Cuba is an alluring place, and new regulations issued by
the Obama administration now permit an unprecedented level… Continue reading

Ferry Operators Discuss Connecting Cuba With Florida Ports

Ferry Operators Discuss Connecting Cuba With Florida Ports

Ferry operators interested in carrying cargo and passengers to Cuba have
opened discussions with officials at several Florida ports.
Such service has not yet begun because the Cuban government has not
approved a U.S. ferry to use one of its ports, but ferries are expected
to be a popular way to travel… Continue reading

Lacking approval, cruise line cancels more Cuba voyages

Lacking approval, cruise line cancels more Cuba voyages
Gene Sloan, USA TODAY 11:09 a.m. EDT April 9, 2016

When it comes to cruising to Cuba, saying you’re going to do it is one
thing. Getting permission is another.

That’s the lesson that small-ship operator Pearl Seas Cruises has been
learning in recent weeks as it has been forced to cancel… Continue reading

Cuba running low on beer as thirsty US tourists descend

Cuba running low on beer as thirsty US tourists descend
Shortages prompt island’s main brewer to consider opening a new plant
and importing beer from outside the country to keep pace with growing demand
Sunday 10 April 2016 01.55 BST

The ubiquitous fridges that dispense beer in Cuba’s bars, cafes and
petrol stations are running out of the island’s favourite… Continue reading

Spotlight on Cuba’s future at last party congress of Castro era

Spotlight on Cuba’s future at last party congress of Castro era
For now Cubas roads are still filled with vintage American cars, but
tourism from America is starting to build up. Picture: Getty Images
CHRISTINE ARMARIO
19:28Friday 08 April 2016

Victor Rodriguez imagines a future Cuban economy that will let him
import large quantities of thread, export the women’s clothing… Continue reading

Is Normalization With Cuba Irreversible?

Is Normalization With Cuba Irreversible?
That was one of Obama’s goals in his recent trip—and he made huge
progress, charming the Cuban public and establishing a rapport with Raúl
Castro.
By Peter KornbluhTwitterAPRIL 6, 2016

The day after President Obama ended his historic trip to Havana, Cubans
turned on their TV sets and watched his surprise guest appearance in a… Continue reading

AT&T, Verizon express divergent opinions on U.S.-Cuba route policies

AT&T, Verizon express divergent opinions on U.S.-Cuba route policies
April 7, 2016 | By Sean Buckley

AT&T (NYSE: T) and Verizon (NYSE: VZ) are eager to take advantage of the
service opportunity in Cuba as the United States has started to lift
decades-long restrictions with the island country, but the two telcos
take a different view on U.S.-Cuba route policies.… Continue reading

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