Archivo de Economy and Business

Archivo Economy and Business

Photo by Alain L. Gutiérrez Almeida

Businesswomen denounce damage to Cuban families

A not so good year is coming to an end for Cuba compared to 2016, which was strident and promising: we came close on the list of successes. Havana was visited by Francis and Kiril, the Rolling Stones, Chanel, Fast … Continued

Por en Economy and Business

U.S. cruise ships have been regularly visiting Cuba since 2016. In the photo, the Oceania Cruises flagship in the bay of Santiago de Cuba. Photo: Claudia García.

Traveling to Cuba

  The Obama administration started modifying the Cuban Assets Control Regulations (CACR) based on its policy objectives: “getting involved with and empowering the Cuban people,” “increasing contacts to support Cuban civil society” and “promoting the independence of citizens from the … Continued

Por en Economy and Business

A “marked decrease” of U.S. visitors in recent weeks has been one of the first adverse effects of the current U.S. policy toward Cuba. Photo: Marita Pérez Díaz.

Change in U.S. policy toward Cuba “already being felt”

The first adverse effects of the change in U.S. policy toward Cuba “is already being felt,” Josefina Vidal, general director for the United States at the island’s Foreign Ministry, stated last Friday. At the closing of a seminar on relations … Continued

Por en Economy and Business

Photo by Desmond Boyle.

Private workers propose dialogue

A group of 43 Cuban private workers has addressed a letter to Cuban Minister of Labor and Social Security Margarita Marlene González, and after more than 70 working days they have not received a reply. Last August 21, after the … Continued

Por en Economy and Business

Foto: Roberto Carlos Medina / Trabajadores.

“Upgrading” of all Cuban enterprises

Cuban state-run enterprises will be more independent from the State although they will be under the charge of the Council of Ministers, after the coming into force of new regulations seeking to improve the management and efficiency of the country’s … Continued

Por en Economy and Business

Photo by Claudia Garcia

Cuba: a billion for cruise and airline companies

Cuba will become a market of close to a billion dollars for U.S. airline and cruise companies, according to the projections of 2017, 2018 and 2019 of the U.S.-Cuba Trade and Economic Council. According to a report published this Monday, … Continued

Por en Economy and Business

Delta’s inaugural flight to Cuba. Miami International Airport. Photo: Osbel Concepción.

Delta wants to increase Havana-Miami flights

The U.S. Delta Airlines is satisfied with its presence in Cuba and wants to increase to two the daily flights it offers between Havana and Miami given the high demand for this route, sources from this airline company reported this … Continued

Por en Economy and Business

Photo by Claudia Garcia

Oceania Cruises’ first coasting of Cuba

Eight months after its debut with the Cuba destination, Oceania Cruises made a new inaugural journey to the island. On this occasion the shipping line belonging to the U.S. Norwegian Cruise Line Holdings Company arrived for the first time to … Continued

Por en Economy and Business

Niuris Higuera Martínez, owner of the Havana Atelier Restaurant. Photo: Alain L. Gutiérrez.

Women entrepreneurs want to talk to Marco Rubio

  An association of Cuban women entrepreneurs requested a face-to-face meeting with Republican Senator Marco Rubio to explain to him the impact on the private sector of the rollback in relations with the United States. Rubio, a Cuban-American politician who … Continued

Por en Economy and Business

According to OFAC, AMEX has reached an agreement to pay a fine of 204,277 dollars for “1,818 apparent violations” of the sanctions against the island.

U.S. fines firm for violating embargo on Cuba

BCC Corporate SA (BCCC), a company participated by the U.S. American Express Company (AMEX), was fined by the U.S. Office of Foreign Assets Control (OFAC) for violating the embargo on Cuba. According to what was published on the website of … Continued

Por en Economy and Business

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