News and Facts about Cuba

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Rose Petroleum updates on Cuba tendering round

Rose Petroleum updates on Cuba tendering round
By StockMarketWire | Mon, 4th July 2016 – 07:44

Rose Petroleum said Rose Gypsum has been selected from a number of
tendering companies to exclusively proceed into the detailed
negotiations phase of a gypsum transaction in Cuba.

Rose Gypsum has been selected on the grounds of its technical and
professional expertise, following its… Continue reading

Miami investor eyes Cuba deals starting with Havana Triathlon

Miami investor eyes Cuba deals starting with Havana Triathlon

The Cuban economy isn’t technically open for American investment yet,
but one Miami-based private equity veteran is already building a
position there.
BY JONATHAN LEVIN
Bloomberg

The Cuban economy isn’t technically open for American investment yet,
but one Miami-based private equity veteran is already building a
position there.

Joe DaGrosa, 51,… Continue reading

Camino del Mausoleo con sus mitos y realidades (II)

Camino del Mausoleo con sus mitos y realidades (II)
Segunda y última parte del artículo
Rafael del Pino, EEUU | 21/06/2016 9:00 am

Era evidente que el régimen del apartheid estaba sentenciado por todos
los intereses de la economía de mercado desde mediados de los 80. Pero,
¿cómo desmantelar este muñeco grotesco sin derramamientos de sangre, sin
represalias de una… Continue reading

Japan Trading Houses Knocking on Cuba’s Door Amid U.S. Opening

Japan Trading Houses Knocking on Cuba’s Door Amid U.S. Opening
Stephen Stapczynski Ichiro Suzuki
June 7, 2016 — 2:26 AM CEST

Mitsubishi, Marubeni and Mitsui are opening offices in Havana
Traders look to Cuba as business confidence in region drops

Japan’s largest trading houses are positioning themselves in Cuba before
any easing of U.S. sanctions, seeking opportunities in infrastructure,
resources… Continue reading

The Mercado Único will be renovated … but don’t hold your breath.

The Mercado Único will be renovated … but don’t hold your breath.
PABLO PASCUAL MÉNDEZ PIÑA | La Habana | 27 Mayo 2016 – 10:19 am.

“Mala lengua conocida/ hablando mal de Machado/ que te ha puesto allí un
mercado/ que te llena la barriga/ La mujer de Antonio/ camina así” (A
famous sharp-tongued woman/ badtalking Machado/ who put a… Continue reading

Investing In Cuba – Balancing The Risk

Investing In Cuba: Balancing The Risk
By VW Staff on May 12, 2016 4:04 pm in Business
K. M. Paparelli
Weber, Crabb & Wein
May 11, 2016

Abstract:

There is no doubt that Cuba is working hard to attract foreign
investors. In 2014 its foreign investing laws were completely reformed
to accommodate this, however, it may be too early to… Continue reading

Socialist state enterprise?

Socialist state enterprise?
FERNANDO DÁMASO | La Habana | 20 Abr 2016 – 1:34 pm.

In the years of the Republic, in Cuba there was a large number of small,
medium-sized and large businesses that produced some 10,000 different
products and articles, covering a large portion of domestic demand,
thereby averting the need for many imports. 85% of these companies… Continue reading

Investor, entrepreneur groups announce contest for Cuban entrepreneurs

Investor, entrepreneur groups announce contest for Cuban entrepreneurs

The 10x10KCuba competition aims to help talented entrepreneurs in Cuba
integrate into the global startup community
Ten startups will receive $10,000 each in products and services, plus
mentorship and accelerator participation
BY NANCY DAHLBERG

A coalition of investor and entrepreneurship organizations announced the
formation of 10x10KCuba, a competition for Cuban entrepreneurs,… Continue reading

U.S. Competes With China for Influence in Cuba

U.S. Competes With China for Influence in Cuba
Chinese firms lead efforts to build Cuba’s Internet infrastructure
By CAROL E. LEE And FELICIA SCHWARTZ
March 18, 2016 5:30 a.m. ET

WASHINGTON—As the Obama administration works to expand economic
relations with Cuba, it is competing for influence with a familiar
rival: China.

Since the White House embarked on restoring relations with… Continue reading

Cuba to attract foreign investment without privatisation

Cuba to attract foreign investment without privatisation
Indo Asian News Service
IANS
March 5, 2016

Havana, March 5 (IANS) Cuba’s bid to attract foreign investors does not
imply “accelerated privatisation” of the national economy, the media
reported on Saturday.

Deborah Rivas, the head of foreign investment at the ministry of
external trade and foreign investment, on Friday told daily Granma,… Continue reading

MEO Australia Raises Funds for Cuba Exploration Program

MEO Australia Raises Funds for Cuba Exploration Program
by MEO Australia Ltd.|Press Release|Monday, February 29, 2016

MEO Australia Limited (MEO or the Company) reported Monday it has
executed a Private Placement Agreement with London listed Leni Gas Cuba
Limited (Leni Gas Cuba) to raise $1.4 million, with funds to be used to
advance MEO’s exploration program on the Company’s newly… Continue reading

The Limits of Obama’s Trip to Cuba

The Limits of Obama’s Trip to Cuba
125 FEB 23, 2016 8:00 AM EST
By Editorial Board

With all due respect to Mick and Keith, a Rolling Stones concert is no
longer a life-changing experience. Nor is a visit from a U.S. president,
necessarily. Change in Cuba — where these two events are scheduled for
successive days next month —… Continue reading

Corker sees no lifting of Cuba embargo under Obama

Corker sees no lifting of Cuba embargo under Obama
Olivier Knox
Chief Washington Correspondent
February 24, 2016

Senate Foreign Relations Committee Chairman Bob Corker said Wednesday
that there is political momentum in Congress for lifting the U.S.
embargo on Cuba but that any action would not come while President
Barack Obama was still in office.

“It’s not going to happen… Continue reading

The Role of Raul Castro’s “Super Grandson” in Cuba’s Future

The Role of Raul Castro’s “Super Grandson” in Cuba’s Future / Juan Juan
Almeida
Posted on February 13, 2016

Juan Juan Almeida, 8 February 2016 — Some say that Raúl Guillermo
Rodríguez Castro — also known as “the Crab,” “the Grandson-in-Chief,”
“Raulito” and even “Arnol-mal” (or Evil Arnold, an ironic nickname
referring to the former body builder, actor and politician… Continue reading

In Spite Of Its Vast Oil Reserves, Cuba Fails To Woo Investors

In Spite Of Its Vast Oil Reserves, Cuba Fails To Woo Investors
By Julianne Geiger
Posted on Fri, 12 February 2016 18:15

With the end of the 54-year U.S. trade embargo on Cuba, and Cuban
government moves to encourage foreign investors, Cuba is a suddenly
attractive venue that is sitting on an estimated 4.6 billion barrels of
oil and promising… Continue reading

Cuba – Europe’s new market

Cuba: Europe’s new market
Produced by Beatriz Beiras
01/02 18:42 CET | updated 01:02

French President Francois Hollande was, in May last year the first
Western head of state to visit Cuba after the thaw in relations between
the Caribbean island and the US.

It was an investment for the future, a pragmatic move by the president
to lay foundations… Continue reading

Human trafficking – the nadir of Castroist socialism

Human trafficking: the nadir of Castroist socialism
FABIO RAFAEL FIALLO | Ginebra | 15 Ene 2016 – 12:14 am.

The socialist model formulated by Marx and completed by Lenin aimed to
be superior to capitalism in terms of its capacity to develop
“productive forces,” i.e. the economy’s technological and material
foundation. It was precisely this alleged superiority of socialism,
according… Continue reading

Pemex exploring compressed gas supply to Cuba

Pemex exploring compressed gas supply to Cuba
20 Jan 2016, 5.24 pm GMT

Mexico City, 20 January (Argus) — Mexico is throwing its hat into the
ring to supply natural gas to Cuba in the wake of Washington´s
rapprochement with Havana.

Mexico’s economy secretary Ildefonso Guajardo raised the possibility of
state-run Pemex supplying Cuba during a Mexican conference last week.… Continue reading

Unilever and British American Tobacco invest – A new realism in Cuba

Unilever and British American Tobacco invest: A new realism in Cuba
By: Richard Feinberg

The global consumer products company Unilever Plc announced on Monday a
$35 million investment in Cuba’s Special Development Zone at Mariel.
Late last year, Brascuba, a joint venture with a Brazilian firm, Souza
Cruz, owned by the mega-conglomerate British American Tobacco (BAT),
confirmed it would built… Continue reading

There Is No Doing Business in Cuba, Only with Cuba

There Is No Doing Business in Cuba, Only with Cuba
The Communist Island’s “Private Sector” Is a Farce
JOSÉ AZEL JANUARY 11, 2016 AT 8:25 AM

First, let’s get the preposition right. All commentary regarding
entering the Cuban market makes reference to investing “in” Cuba. But,
when used as a preposition, “in” innocently indicates inclusion within a
space or place.… Continue reading

Is Cuba the New El Dorado?

Is Cuba the New El Dorado?
News December 29, 2015
Exploring Cuba’s economic opportunities
By Anne-Sophie Gidoin
Op-Ed Contributor

To catch 2 Billion USD in foreign investment per year, the Caribbean’s
biggest island has equipped itself with an engaging legal framework.
The remedies available in case of disputes against local entities
reinforces the attractiveness of this 11 million individuals-market.

Cuba… Continue reading

A bad year for freedom in Cuba

A bad year for freedom in Cuba
Saturday – Dec. 26, 2015
By Charles Lane

Much has changed in Cuba since President Obama and the island’s
dictator, Raúl Castro, announced their rapprochement a year ago.

Hundreds of millions of dollars have flowed into Cuban government
coffers because of more U.S. tourism and remittances. Havana has
negotiated a generous U.S.-tolerated debt… Continue reading

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