News Cuba Economy: Cuban Workers Celebrate Salary Rise From New Economic Measures
‘Today is Cuban workers’ day!’ a Cuban friend told me in late June, beaming at the news that all employees of the island’s ‘budgeted’ state sector would receive significant salary rises, commencing ...
News Cuba Economy: Trump Doubles Down on Failed Cuba Policy
The Trump administration’s effort to bring about the end of Cuba’s repressive government by squeezing the island’s economy promises only more suffering for Cuban citizens, who are already struggling ...
News Cuba Economy: Ban on U.S. cruise trips to Cuba will hurt private sector on the island, experts say
“What Cuba earns from the cruise ships is insignificant,” said Emilio Morales, president of the Havana consulting Group, which tracks the island’s economy. “Most of the profits go to the cruise ...
News Cuba Economy: Venezuela Socialist Party deputy head visits ally Cuba for two days
The trip comes as the Lima Group regional bloc of 12 nations is calling upon Cuba to help find a solution to the political and economic chaos in Venezuela which has caused an exodus of millions and ...
News Cuba Economy: Canada’s strong ties with Cuba could be the key to solving the crisis in Venezuela
It also has a lot at stake in Maduro’s political survival. Cuba is heavily dependent on subsidized oil from Venezuela, receiving roughly 50,000 barrels daily despite Venezuela’s economic collapse and ...
News Cuba Economy: Cuba expects major economic damage from Trump measures
Drivers of classic cars, restaurateurs, tour guides and owners of bed-and-breakfasts are all saying the Trump administration's new restrictions on U.S travel to Cuba will be a severe blow to their ...
