Category: In the press

The Cuban government has said it wants more foreign investment, that it can’t afford to keep so many Cubans on the payroll of inefficient state industries, and it needs more revenue to help its stumbling economy.

The Cuban government has said it wants more foreign investment, that it can’t afford to keep so many Cubans on the payroll of inefficient state industries, and it needs more revenue to help its stumbling economy.

Full article by the Financial Tribune here.

While the most successful of Cuba’s nearly 600,000 cuentapropistas, who work in the private sector, have been making money and are excited about trying to expand their businesses, Cuban bureaucrats, including some Communist Party stalwarts, and employees of struggling state enterprises, have been receiving “miserly salaries often in boring jobs to nowhere,” said Feinberg, a professor at the University of California San Diego’s School of Global Policy and Strategy and a Brookings Institution fellow.

A 16-month freeze on new private restaurants and bed-and-breakfasts will end in December when Cuba’s communist government implements new regulations meant to prevent tax evasion and the accumulation of wealth, state media said Tuesday.

Full article by the Associated Press here.

Don’t let those daunting threats and menacing travel warnings fool you – for now, travel to Cuba is still perfectly legal for U.S. citizens. You just have to do it right. We procrastinated on planning a trip to Cuba, taking it for granted that once Obama opened the door to cultural exchange between Cuban and American people, it would only swing wider as time went on. Clearly, we were wrong.

Article by Orlando Weekly here.

Through the Space Age, the fall of the Berlin Wall and the Internet era, Cubans held one constant: A Castro ruled the nation.

That is about to change.

Full article by The Washington Post here.

Through the Space Age, the fall of the Berlin Wall and the Internet era, Cubans held one constant: A Castro ruled the nation.

That is about to change.

Full article by The Washington Post here.

HAVANA (Reuters) – Most of Camilo Condis’ family emigrated from Communist-run Cuba to the United States seeking a better life, but the 32-year-old decided to stay after Raul Castro became president a decade ago and promised change.

Full article by Reuters here.

The decision to maintain the staff at 40 per cent will have a sweeping impact across U.S. intelligence, small business owners, Cuban migration, and human rights advocates. The reaction by many who support engagement with Cuba has been swift.

Article by NBC News here.