Articles of Economy

News »

Foreign Investment and industrial development … more agility in the works

Mariel

Recent discussions at the country’s highest level, about the necessity of foreign investment truly becoming, as the law indicates, “a fundamental, active element in the development of certain sectors of the economy,” focused on the need for more creativity and agility in handling projects: some yet to be identified; others gathering dust in the portfolio of opportunities; and a few too many stalled in negotiations because of delayed paperwork.

News »

General strike against failed policy paralyzes Argentina

argentina crisisi

The general strike against the Macri government’s deal with the International Monetary Fund, structural adjustment, austerity, redundancies, growing poverty and inflation, attempted labor reform, and to demand the reopening of salary negotiations, called by the General Confederation of Labor (CGT), with the support of all trade unions, paralyzed Argentina this Monday, June 25.

News »

Council of Ministers analyzes national economic performance

consejo de Ministros

Cuba’s Council of Ministers, meeting at the beginning of last week in the Palace of the Revolution, and headed by President Miguel Díaz-Canel Bermúdez, analyzed national economic performance in the first half of the year; the 2017 State Budget settlement and the control measures applied in its implementation; as well as exports, external loans for investments and foreign investment.

News »

Working toward more Cuban products in the tourism sector

ron mulata

The recently concluded International Tourism Fair (FITCuba 2018) marked record participation (3,000 participants from 62 nations). Through May 18, Cuba had received two million international visitors this year. The figures are promising, but they are no accident. Making Cuba an attractive, safe, and comfortable destination for its visitors, and ensuring a profitable tourism sector that in turn contributes to the development of the country, entails joint efforts.

News »

Production with environmental conscience

paneles solares

Behind every bottle of Cubay rum produced at the Agustín Rodríguez Mena distillery in this municipality, is a centenary history that includes the best of rum making traditions in Central Cuba – the reason the brand has become one of Cuba’s best-selling spirits around the world.

News »

Cuban President reviews foreign investment and exports

Diaz C Reunion

FOREIGN investment is fundamental to the national economy’s growth and development. We must be audacious and creative in the way we direct it, so we can advance projects designed to include participation of foreign capital. Likewise, increasing exports is of vital importance to acquire the financial resources the country needs for economic development, while replacing imports with domestic products continues as a priority.

News »

Cruise ship tourism on the rise

crucero

Cruise ship tourism is on the rise in Cuba. Last year the port of Havana received some 328,000 passengers, with 500,000 expected this 2018. Such figures reaffirm travelers’ confidence in Cuba as a safe and attractive tourist destination which – as of May 18, and despite the impact of Hurricane Irma, the tightening of the economic blockade imposed by the United States

News »

The same script in different scenarios

nicaragua crisis

U.S. strategists, who rack their brains in search of ways to end progressive governments, continue to use the same script in the quest to achieve their objectives. This is why it is so important to know, study and take into account the experiences of different countries besieged by sinister imperialist initiatives.

News »

Working on solutions with popular participation

mayabeque fabrica

The experience in the provinces of Mayabeque and Artemisa offers an extraordinarily beneficial model for Cuba, especially regarding the separation and delimitation of different functions, which should lead to more coherent processes and comprehensive results.

News »

Valdés Mesa and directors of Cubana de Aviación hold fruitful exchange

valdes mesa accident aereo

The encounter, led by the First Vice President of Cuba’s Councils of State and Ministers, Salvador Valdés Mesa, marked the end of a series of visits, which began May 17, to entities affiliated with the Ministry of Transport intended to stimulate exchanges at the grass roots level toward implementing the Economic and Social Policy Guidelines of the Party and Revolution, given the importance of air transportation to the country’s development.