Articles of Economic

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U.S. market off limits, Cuba’s tobacco industry

Tabaco

As a recurring theme, the U.S. blockade continues to severely affect Cuban industry, the economy and country; the record of an over 50-year, outdated, unilateral policy, which is no understatement. In the space of just one year, Cuba’s tobacco industry saw losses of 129,595,346 USD from April 1, 2015, through March 31, 2016.

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Cuban industry to assemble nearly two thousand wheelchairs

Cuba sillas de rueda

The Cuban iron and steel industry will assemble almost two thousand wheelchairs this year, for the public health system and to meet the needs of people with disabilities.This important work forms part of the import-substitution projects conducted annually by the Ministry of Industry, in accordance with guideline no. 87 of the Economic and Social Policy Guidelines of the Party and the Revolution.

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Cuban Minister of Foreign Trade and Investment to visit U.S.

marmierca y Penny

Cuban Minister of Foreign Trade and Investment (Mincex), Rodrigo Malmierca Díaz, will make a working visit to the U.S., February 15-18, leading a delegation of representatives from Mincex, the Ministry of Foreign Relations, the Central Bank of Cuba, the Cuban Chamber of Commerce and directors of national entities, according to the Cubaminrex website.

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A philosophy of “surviving, growing and persevering”

Mariel

Speaking to Granma International, Mauro Hueb, director of operations for the Odebrecht Organization in Cuba, explained that whenever the conglomerate arrives to a country for the first time, its mission is to fit into the constructive agenda of this nation, to become a local business and remain there long-term.

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US Wine Producers Interested in Cuba

cuba-640x427

The meeting as of today and for three days of about 100 U.S. wine producers with their counterparts in this capital shows the interest of that American sector in closer dealings with the island.

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An absurd 50 year law

barco bahia bloqueo

This is one of the most absurd laws of the blockade. A regulation which today prevents Cuba from enlisting 500 sailors a year on commercial ships. This in addition to the fact that any vessel that docks at a Cuban port must wait a minimum of 180 days before it can arrive in the U.S., which logically means that not all foreign ships are willing to travel to Cuba.

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Once again, the world will condemn the blockade

ONU bloqueo

Today, October 27, Cuba will present to the UN General Assembly its report on the necessity of ending the economic, commercial and financial blockade imposed on our country by the United States, which has caused damages, over half a century of aggression, estimated to have reached $833,755,000,000, taking into consideration fluctuations in the price of gold.

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No laughing matter

cuba bloqueo

News that a federal institution of the United States plans to spend taxpayer money on attacking Cuban leaders through a “humorous” television series revived the debate over the effectiveness and relevance of subversive programs against Cuba, especially when both governments are seeking to normalize relations.

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CELAC-EU Condemn Blockade to Cuba and Support Colombian Peace Talks

bloqueo-cuba

Rejection to the US blockade against Cuba and support to dialog in Colombia were among the main topic in the inaugural address of the Summit of the Community of Latin America and Caribbean States (CELAC) and the European Union (EU). During the inauguration ceremony, European Council President Donald Tusk, announced the blocs decision to promote a trust fund to support post-conflict actions. Tusk praised the peace dialog being carried out by the government of President Juan Manuel Santos and the Revolutionary Forces of Colombia.

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22 Reasons Why We Could See An Economic Collapse In Europe In 2012

Planet Earth

Will 2012 be the year that we see an economic collapse in Europe? Before you dismiss the title of this article as “alarmist”, read the facts listed in the rest of this article first. Over the past several months, there has been an astonishing loss of confidence in the European financial system. Right now, virtually nobody wants to loan money to financially troubled nations in the EU and virtually nobody wants to lend money to major European banks. Remember, one of the primary reasons for the financial crisis of 2008 was a major credit crunch that happened here in the United States.