News and Facts about Cuba

economy

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Cuban Professionals Are Afraid In Venezuela

Cuban Professionals Are Afraid In Venezuela

14ymedio, Mario Penton, Miami, 18 May 2017 — Seen from the Venezuelan
opposition as an army of occupation and from the Venezuelan government
as soldiers of socialism, tens of thousands of Cuban professionals live
a situation that is complicated day after day in convulsive
Venezuela. The Cuban government has asked them to stay “until… Continue reading

Independent Journalism Seeks to Revive Press Freedom

Independent Journalism Seeks to Revive Press Freedom / Iván García

Iván García, 3 May 2017 — Let’s step back in time. One morning in 1985,
Yndamiro Restano Díaz, a thirty-seven-year-old journalist with Radio
Rebelde, took out an old Underwood and wrote a clandestine broadsheet
entitled “Nueva Cuba.” After distributing the single-page, handmade
newspaper up and down the street, one copy… Continue reading

Why Cuba’s Brain Drain Looks Different

Why Cuba’s Brain Drain Looks Different
MAY 15, 2017 BY MONIKA DONIMIRSKA

COLLEGE PARK, Md., May 15, 2017 /PRNewswire-USNewswire/ — Cuba is
experiencing a brain drain, though it’s not the kind that forecasters
were predicting when the long-closed country began opening its borders.
It’s internal brain drain, says Rebecca Bellinger, managing director of
the University of Maryland Robert H. Smith… Continue reading

Cuba’s crazy used-car market

Cuba’s crazy used-car market
Why it behaves like the prime-property market
The Americas
May 11th 2017 | HAVANA

MULTIMARCAS, a car dealership on the outskirts of Havana, is not a
conventional showroom. On a recent visit it contained one salesman and,
despite the promise of variety in its name, just one car: a 2014-model
Kia Picanto with no miles on… Continue reading

Interview with El Sexto (Danilo Maldonado) in San Francisco

Interview with El Sexto (Danilo Maldonado) in San Francisco

Danilo “El Sexto” Maldonado is in San Francisco, planning for the
opening of his art exhibit, “Angels and Demons,” at the Immersive ART
LAB, 3255A Third Street, May 11, 6-10pm. His exhibit is sponsored by the
Human Rights Foundation as part of its Art in Protest series. This
interview took place… Continue reading

New luxury mall in socialist Cuba pits state consumerism against the poor

New luxury mall in socialist Cuba pits state consumerism against the poor
Military’s business arm has transformed Manzana de Gomez mall into an
opulent spectacle that both fascinates and alienates Cubans: ‘I can’t
buy anything
Associated Press in Havana
Tuesday 9 May 2017 16.16 BST Last modified on Tuesday 9 May 2017 18.09 BST

The saleswomen in L’Occitane en Provence’s… Continue reading

Cuba Is ‘Huge Opportunity’ for U.S. Travel Companies, BCG Says

Cuba Is ‘Huge Opportunity’ for U.S. Travel Companies, BCG Says
| May 10, 2017, at 12:18 a.m.

HAVANA (Reuters) – Cuba represents a “huge” but challenging opportunity
for U.S. cruise, airline and hotel companies as American visitors to the
Caribbean island could increase as much as sevenfold by 2025, according
to a report by the Boston Consulting Group.

As many… Continue reading

Greece and Cuba Account for 60% of the Debt Owed to Spain

Greece and Cuba Account for 60% of the Debt Owed to Spain

14ymedio, 8 May 2017 – According to a report on foreign debt by Spain’s
Secretary of State for the Economy and Business Support released to the
newspaper El Economista, Greece and Cuba account for 60% of all foreign
debt owed to Spain.

According to the report, Cuba owes… Continue reading

Cuban town hooked on pirate social network

Cuban town hooked on pirate social network
Alexandre GROSBOIS
AFP May 9, 2017

Gaspar (Cuba) (AFP) – On a traffic island in a country town, young
Cubans are doing what most of their compatriots cannot: surfing an
online social network.

In one of the least wired countries on Earth, Gaspar, population 7,500,
is one of the most connected towns of… Continue reading

With Lacoste, Mont Blanc, Socialist Cuba Has 1st Luxury Mall

With Lacoste, Mont Blanc, Socialist Cuba Has 1st Luxury Mall
Cuba has its first luxury mall, thanks to the business arm of Cuba’s
army transforming a century-old shopping arcade into a temple to
conspicuous capitalism, in the heart of the capital of a nation founded
on ideals of social equality.
May 9, 2017, at 12:05 a.m.
By MICHAEL WEISSENSTEIN, Associated… Continue reading

‘Cubazuela’ and Castroism’s three-fold failure

‘Cubazuela’ and Castroism’s three-fold failure
FABIO RAFAEL FIALLO | Ginebra | 5 de Mayo de 2017 – 00:51 CEST.

Backed by Fidel Castro, and launched by Hugo Chávez, the project of
forging an alliance between the regimes of Cuba and Venezuela, dubbed
“Cubazuela” (or “Venecuba”), began amidst much fanfare. The ideological
firmness of the former and the oil-based riches of… Continue reading

If Venezuela Goes to Hell, Will Things Look Bad for Cuba?

If Venezuela Goes to Hell, Will Things Look Bad for Cuba? / Iván García

Ivan Garcia, 28 April 2017 — Soot covers the unpainted facades of
buildings on Tenth of October Boulevard. Old American cars from the
1950s, rebuilt with modern diesel engines and now privately operated as
taxis, transit across asphalt, leaving behind a trail of black smoke and… Continue reading

Cuba 2018: What To Expect As Castro Rule Comes To An End

Cuba 2018: What To Expect As Castro Rule Comes To An End
By Simon Whistler

Should all happen as expected, February 24th 2018 will be a momentous
day in the lives of many Cubans. On that day, 10 years after officially
taking over from his brother Fidel, President Raúl Castro has promised
to step down from power, marking the first… Continue reading

Neither CUPs nor CUCs, It’s Bucks That Reign in Cuba

Neither CUPs nor CUCs, It’s Bucks That Reign in Cuba

14ymedio, Zunilda Mata, Havana, 3 May 2017 — The guard looks at him and
dismisses him as an undercover cop. “Are you coming to change dollars?
I’ll pay you at 90 cents,” he tells the customer while turning his back
on the security camera at the Currency Exchange (Cadeca). At… Continue reading

Cuba: When “Winning” is Losing

Cuba: When “Winning” is Losing
By Fernando Ravsberg

HAVANA TIMES — The violent reaction to the dissident who ran through
Revolution Square carrying a US flag on May Day has been the last of a
series of failed responses.

The guy was beaten up and arrested in the middle of Revolution Square,
during the rally for May Day in front… Continue reading

Starting a business in Cuba is more difficult for entrepreneurs of African descent

Starting a business in Cuba is more difficult for entrepreneurs of
African descent
BY NORA GÁMEZ TORRES
ngameztorres@elnuevoherald.com

The first Cuban chef with a Michelin star, and the chef — and owner — of
the private paladar where former President Barack Obama dined during
his trip to Cuba, have something more in common than love of cooking:
Both represent snippets… Continue reading

What would happen in Cuba if Maduro fell?

What would happen in Cuba if Maduro fell?
ROBERTO ÁLVAREZ QUIÑONES | Los Ángeles | 1 de Mayo de 2017 – 09:38 CEST.

There are probably not many Cubans who are aware of the economic and
social tsunami that the fall of the military regime in Venezuela could
unleash upon them. They can’t be. Reading Granma, Juventud Rebelde, and
Trabajadores,… Continue reading

Happiness

Happiness / Somos+

Somos+, Roberto Camba, 21 March 2017 — The United Nations has just
launched the 2017 World Happiness Report, coinciding with the World
Happiness Day on March 20th. From its first publication in 2012, the
world has come to understand more and more that happiness has to be used
as the correct measure with regards to social progress… Continue reading

Corruption Versus Liberty: A Cuban Dilemma

Corruption Versus Liberty: A Cuban Dilemma / Dimas Castellano

Dimas Castellanos, 18 November 2016 — The evil of corruption–the act of
corruption and its effects–has accompanied the human species since its
emergence. It has been present in all societies and in all ages. Its
diverse causes range from personal conduct to the political-economic
system of each country. In Cuba it… Continue reading

Cuban sugar burns to recapture sweet smell of success

Cuban sugar burns to recapture sweet smell of success
by Hector Velasco – AFP on April 26, 2017, 4:30 pm

Pedro Betancourt (Cuba) (AFP) – A sweet smell of treacle used to fill
the air in the village of Pedro Betancourt — but like the workers from
the derelict Cuba Libre sugar refinery, it has dispersed.

It was the smell… Continue reading

Cuba weathers storm in Venezuela but future looks uncertain

Cuba weathers storm in Venezuela but future looks uncertain
By MICHAEL WEISSENSTEIN Published April 26, 2017

HAVANA – Refineries have gone dark. Gas rations have been slashed for
hundreds of thousands of state workers. Construction materials are
nearly impossible to find.

But Cuba’s hotels and restaurants are packed, major U.S. airlines are
adding flights and government stores are full of… Continue reading

The King, The President and The Dictator

The King, The President and The Dictator

14ymedio, Yoani Sanchez, Havana, 23 April 2017 — In the palace of the
Captains General in Havana there is a throne awaiting its king. It was
prepared when Cuba was still a Spanish colony and a monarch has never
sat in its imposing structure. The visit of Spain’s King Felipe VI visit
may… Continue reading

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