News and Facts about Cuba

economy

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The Mistakes of Raúl Castro

The Mistakes of Raúl Castro

14ymedio, Reinaldo Escobar, Havana, 15 July 2017 – In his most recent
public speech before Parliament, General-President Raul Castro offered a
self-criticism about “political deviations” under which the private
sector and cooperatives are governed. “Mistakes are mistakes, and they
are mistakes… they are my mistakes in the first place, because I am a
part of… Continue reading

Average Wages Rise but Nobody in Cuba Lives on Their Salary

Average Wages Rise but Nobody in Cuba Lives on Their Salary

14ymedio, Mario Penton and Luz Escobar, Miami and Havana, 14 July 2017 —
Ileana Sánchez is anxiously rummaging through her tattered wallet,
looking for some bills to buy a toy slate for her seven-year-old
granddaughter who dreams of becoming a teacher. She has had to save for
months to… Continue reading

Cuba’s Raul Castro dismisses harsher US tone under Trump

Cuba’s Raul Castro dismisses harsher US tone under Trump
– Castro’s comments to Cuba’s National Assembly were his first on
Trump’s June announcement of a partial rollback of the Cuba-U.S. detente
– He also rejected any “lessons” on human rights from the U.S., saying
his country “has a lot to be proud about” on the issue
The Associated Press

Cuban… Continue reading

Cuba says GDP recovers, up about 1 percent so far in 2017

Cuba says GDP recovers, up about 1 percent so far in 2017
By THE ASSOCIATED PRESS
HAVANA — Jul 14, 2017, 5:59 PM ET

The Cuban government said Friday that the economy is growing again
following a decline last year that was the first drop reported in two
decades.

Economy Minister Ricardo Cabrisas said at the opening session of the… Continue reading

How Cubans See the Crisis in Venezuela

How Cubans See the Crisis in Venezuela / Iván García

Iván García, 11 July 2017 — After painting the facades of several
buildings along 10 de Octobre street, the workers of the brigade shelter
from the terrifying heat in doorways, eating lunch, having a smoke or
simply chatting.

These days, in Havana’s La Vibora neighborhood, in the area between Red… Continue reading

Cuban Government Extends Land Lease Period to 20 Years

Cuban Government Extends Land Lease Period to 20 Years

14ymedio, Havana, 30 June 2017 — The latest Council of Ministers,
chaired by Raul Castro, has extended the term of the country’s land
leases under the usufruct system to 20 years, but the leases can be
cancelled if the beneficiaries use illicit funds, according to an
announcement today in the official… Continue reading

Venezuela oil exports to Cuba drop, energy shortages worsen

Venezuela oil exports to Cuba drop, energy shortages worsen
Marianna Parraga and Marc Frank

HOUSTON/HAVANA (Reuters) – Venezuela’s crude and fuel deliveries to Cuba
have slid almost 13 percent in the first half this year, according to
documents from state-run oil company PDVSA viewed by Reuters,
threatening to worsen gasoline and power shortages in the communist-run
island.

Cuba’s government since… Continue reading

With materials scarce, Cuban designers master recycling chic

With materials scarce, Cuban designers master recycling chic
Sarah Marsh

HAVANA (Reuters) – Olaff Alejo’s salt lamps are eerily beautiful and
designed to purify the air.

Yet the Cuban designer must rummage through trash bins and scour the
sidewalks of Havana for scraps of wood and obsolete electrical devices
to manufacture them.

In Communist-run Cuba, designers of clothes and household… Continue reading

The Cuban regime and the Venezuelan transition

The Cuban regime and the Venezuelan transition
ARMANDO CHAGUACEDA | Ciudad de México | 12 de Julio de 2017 – 11:16
CEST.

In a recent interview Venezuelan analyst Rocío San Miguel, an expert on
military affairs, masterfully defined the role of Cuba in his country.
In this respect he stated: “The situation room where the most important
strategic decisions are… Continue reading

Convicted of Murder, and Now Swept Up in U.S.-Cuba Shift

Convicted of Murder, and Now Swept Up in U.S.-Cuba Shift

Ishmael Muslim Ali now lives a quiet life in Cuba, where he remains
wanted by the F.B.I. for aircraft piracy. Credit Cave 7 Productions
For more than 30 years, Ishmael Muslim Ali has lived a relatively full
and unremarkable life in Cuba. He taught English in the nation’s public
schools,… Continue reading

The “Undead” Market: Long-Dormant U.S.-Cuba Air Travel Market Still Isn’t Alive

The “Undead” Market: Long-Dormant U.S.-Cuba Air Travel Market Still
Isn’t Alive
Dan Reed , CONTRIBUTOR
I write about airlines, the travel biz, and related industries
Opinions expressed by Forbes Contributors are their own.

When you shoot a zombie, does it count as murder, or at least attempted
murder?

That question actually is of some epistemological importance in the
context of… Continue reading

According to the report, the average salary in Cuban increased from 408 CUP ($16.30 US) in 2007 to 740 CUP in 2016.

Average Monthly Salary in Cuba is $29.60 US

EFE, via 14ymedio, Havana, 30 June 2017 – The average monthly salary in
Cuba in 260 was 740 Cuban pesos (CUP), the equivalent of $29.60 in US
dollars, although the figure is higher in sectors such as the sugar
industry – where the best paid earn 1,246 CUP ($48.80 US), and falls… Continue reading

Under Trump’s revised policy, black Cubans will get left behind, again

Under Trump’s revised policy, black Cubans will get left behind, again
BY ALEJANDRO DE LA FUENTE
delafuente@fas.harvard.edu

As President Trump announced the administration’s new policies on Cuba,
I worried that Afro-Cubans would be the main losers. They have been
losing for some time. The timid economic reforms implemented by the
Cuban government in the past two decades have resulted in… Continue reading

‘Revolutionary’ Unemployment: A Crime

‘Revolutionary’ Unemployment: A Crime
ROBERTO ÁLVAREZ QUIÑONES | Los Ángeles | 30 de Junio de 2017 – 10:04 CEST.

The Cuban Government always lies in its economic and social statistics,
and with total impunity, as no figures can actually be verified. It
began to lie at the beginning of 1960, when the president of the
National Bank of Cuba, Che… Continue reading

Cuba expects tourism growth despite Trump’s crackdown on U.S travel

Cuba expects tourism growth despite Trump’s crackdown on U.S travel
World16 hours ago (Jun 28, 2017 08:20PM ET)

HAVANA (Reuters) – Cuba earned more than $3 billion from tourism in 2016
and expects to better that this year despite President Donald Trump’s
tightening of restrictions on U.S. travel to the Caribbean island, a
government official said on Wednesday.
“In 2016,… Continue reading

What Trump’s new Cuba policy means for travelers to the island

What Trump’s new Cuba policy means for travelers to the island
BY MIMI WHITEFIELD
mwhitefield@miamiherald.com

Since President Donald Trump announced his new Cuba policy, Tom Popper’s
phone has been ringing off the hook.

Callers have questions, lots of questions, about how they can travel to
Cuba as individuals, what people-to-people tours are and how they can
visit Cuba.

Others are… Continue reading

Can Trump Destroy Obama’s Legacy?

Analysis: Can Trump Destroy Obama’s Legacy?
The New York Times
By PETER BAKER

WASHINGTON — When the judgment of history comes, former President Barack
Obama might have figured he would have plenty to talk about. Among other
things, he assumed he could point to his health care program, his
sweeping trade deal with Asia, his global climate change accord and… Continue reading

Why liberals should support Trump — not Obama — on Cuba policy

Why liberals should support Trump — not Obama — on Cuba policy
BY MIKE GONZALEZ, OPINION CONTRIBUTOR – 06/27/17 11:00 AM EDT 54

Was President Obama’s opening to the Castro government motivated by a
real belief that it would help Cubans, or was it a vanity project from
the start? We will never know for sure, but we do know… Continue reading

Cuba and the United States Return to the Trenches

Cuba and the United States Return to the Trenches / Iván García

Iván García, 19 June 2017 — For both countries it amounts to a remake of
the Cold War, this time in version 2.0. It will take time to determine
the scope of the contest or if the new diplomatic battle will involve
only bluffs, idle threats and blank… Continue reading

Trump, The Military And The Division Of Powers In Cuba

Trump, The Military And The Division Of Powers In Cuba

14ymedio, Reinaldo Escobar, Havana, 20 June 2017 — The recent decision
by the president of the United States to limit commercial relations with
Cuban companies controlled by the military highlights a rarely explored
corner of the national reality.

Anyone who knows the Island minimally knows that there is nothing like… Continue reading

Sweating Is Not For Cuba’s New Rich

Sweating Is Not For Cuba’s New Rich

14ymedio, Zunilda Mata, Havana, 20 June 2017 — The passenger complains
of the heat while frantically moving the fan. “In a few days I will
install an air conditioning,” justifies the taxi driver and adds that he
will charge “higher fares.” In summer everyone dreams of
air-conditioning their rooms or vehicles, but whether… Continue reading

Cuba From The Inside With Alternative Tour Guides

Cuba From The Inside With Alternative Tour Guides

14ymedio, Marcelo Hernandez, Havana, 21 June 2017 — Economic hardships
turn many Cuban engineers to work as bartenders, doctors become taxi
drivers and innumerable professionals become alternative guides for
tourists. Among the latter, there are the experienced or the
just-getting-started, but all of them earn more money than they would
working in… Continue reading

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