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Cuban American lost his business bid after obtaining permanent residence in Cuba

Cuban American lost his business bid after obtaining permanent residence in Cuba rkoltun@miamiherald.com BY NORA GÁMEZ TORRES ngameztorres@elnuevoherald.com Saul Berenthal was to become the first Cuban American investor on the island with a plan to assemble tractors to help small farmers. But his full embrace of his Cuban roots backfired. The tale of Cleber LLC, […] Continue reading

Cuban Economy in 2016: GDP Contracted 0.9%

Cuban Economy in 2016: GDP Contracted 0.9% / 14ymedio 14ymedio, (With information from EFE), Havana, 27 December 2016 – The Cuban economy closed the year with a 0.9% contraction in GDP, well below the 1% growth forecast, according to an announcement from Ricardo Cabrisas Ruiz, Minister of the Economy and Planning, during the final 2016 […] Continue reading

Trump Could Ice Thawing U.S. Relations with Cuba

Trump Could Ice Thawing U.S. Relations with Cuba By Marissa Piazzola Published December 27, 2016 Cuba FOX Business The United States’ relationship with Cuba has thawed over the last two years, thanks in part to a December 2014 agreement between President Barack Obama and Cuban President Raul Castro to end a decades-long period of policy […] Continue reading

The One Who Left Ashes

The One Who Left Ashes / Miriam Leiva Cubanet, Miriam Leiva, Havana, November 29, 2016 – Fidel Castro died on November 25 at 10:29 p.m. and, according to his own will, his remains will be cremated, according to the brief statement read by Raúl Castro on Cuban television. at midnight. As a deceased person, the […] Continue reading

New Cuba reform allows farmers to hire workers directly

New Cuba reform allows farmers to hire workers directly Economy 21 hours ago (Dec 16, 2016 04:05PM ET) HAVANA (Reuters) – Cuban farmers may now hire laborers directly rather than through cooperatives, the government said on Friday, marking a modest advance to loosen controls in its Soviet-style economy. Communist-led Cuba has introduced a series of […] Continue reading

The Socioeconomic Legacy Of Fidel Castro

The Socioeconomic Legacy Of Fidel Castro / Miriam Leiva ABC International, Miriam Leiva, 26 November 2016 — Fidel Castro left Cuba in disastrous economic conditions after exerting absolute power for more than 47 years. His brother received a country “on the precipice” on 31 July 2006. Raul Castro has had to eliminate the “genial” initiatives […] Continue reading

Cuba’s Surge in Tourism Keeps Food Off Residents’ Plates

Cuba’s Surge in Tourism Keeps Food Off Residents’ Plates By AZAM AHMEDDEC. 8, 2016 HAVANA — For Lisset Felipe, privation is a standard facet of Cuban life, a struggle shared by nearly all, whether they’re enduring blackouts or hunting for toilet paper. But this year has been different, in an even more fundamental way, she […] Continue reading

Death of Fidel Castro May Pressure Donald Trump on Cuba Promises

Death of Fidel Castro May Pressure Donald Trump on Cuba Promises President-elect could face pushback from some companies regarding his Cuba policies By FELICIA SCHWARTZ and CAROL E. LEE Updated Nov. 27, 2016 11:14 p.m. ET WASHINGTON — The death of Fidel Castro is putting unexpected pressure on President-elect Donald Trump to follow through on […] Continue reading

Fidel Castro’s death could ensure Obama’s opening to Cuba survives

Fidel Castro’s death could ensure Obama’s opening to Cuba survives Tracy Wilkinson With his legacy in mind, President Obama has used the final months of his administration trying to ensure that his historic reopening of U.S. relations with Cuba could not be easily reversed. He ended a Cold War animosity that had begun before he […] Continue reading

Donald Trump Could Reverse Obama’s Cuba Policy ‘Fairly Quickly’

Donald Trump Could Reverse Obama’s Cuba Policy ‘Fairly Quickly’ By SERENA MARSHALL Nov 23, 2016, 2:44 PM ET President Obama has said he worked to make the re-establishment of diplomatic ties between the United States and Cuba “irreversible,” but the policies he has put in place to thaw the more than 50-year standoff between the […] Continue reading

Cuba is reaching out to the world for foreign investors

Cuba is reaching out to the world for foreign investors BY MIMI WHITEFIELD mwhitefield@miamiherald.com For $2.5 million, a foreign investor can help create an international equestrian club in the Province of Havana or plunk down $10 million to create a network of eco-lodges across the island with a Cuban partner. For an estimated investment of […] Continue reading

Donald Trump has a choice to make on Cuba

Donald Trump has a choice to make on Cuba Ted A. Henken, author of “Entrepreneurial Cuba: The Changing Policy Landscape” Tuesday, 15 Nov 2016 | 9:17 AM ET CNBC.com One example of freer markets in Cuba is the Paladar La Cocina de Lilliam (Lilliam’s Kitchen), a home-based restaurant garden where President Jimmy Carter ate on […] Continue reading

Richard Feinberg analyzes a Cuban economy in transition

Richard Feinberg analyzes a Cuban economy in transition BY MIMI WHITEFIELD mwhitefield@miamiherald.com Since the mid-1970s when he was a graduate student in international economics, Richard Feinberg, now a professor at the University of California San Diego, has been fascinated by the challenges of reforming centralized economies. He first focused on Eastern Europe but then spent […] Continue reading

Cuba opens to world at Havana trade fair but few U.S. companies arepresent

Cuba opens to world at Havana trade fair but few U.S. companies are present BY MIMI WHITEFIELD mwhitefield@miamiherald.com HAVANA Despite the Obama administration’s efforts to build a new business relationship with Cuba, U.S. companies were far from center stage at the 34th Havana International Fair. The fair, which began Monday and runs through Friday, is […] Continue reading

Cuba, France assess development projects after debt renegotiation

Cuba, France assess development projects after debt renegotiation Published October 26, 2016 EFE HAVANA – Cuban and French officials on Wednesday held an initial meeting in this capital to define potential investment projects French companies could carry out on the Communist-ruled island. Financing for the projects is to come from a 231-million-euro ($252-million) fund stemming […] Continue reading
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