City Havana Financial News
01.03 / 21:45
16.02 / 08:09
UPS
Waves
Fighting
security
War
Latin
How Russia Recruits Soldiers From Cuba to Fight in Ukraine
On a blazing hot day in November, Raibel Palacio and three neighborhood friends boarded a flight at Cuba’s Varadero beach resort, taking selfies and chattering in excitement. They had a job offer that promised a way out of the island’s misery. A few weeks later, Palacio was killed by a drone as he tried to tie a tourniquet to staunch the bleeding from a leg wound on the freezing front lines of Ukraine, said Danelia Herrera, his mother.
13.02 / 17:58
Reuters
economy
show
country
information
International
Sporting
Cuba import data casts doubt on official 'fuel crisis' explanation
By Dave Sherwood and Marianna Parraga
24.12 / 17:02
Booking
economy
Remark
Coronavirus
pandemic
President
social
Cuban government defends plans to either cut rations or increase prices
The Cuban government says it will have to either increase prices for fuel and electricity, or reduce rations for basic supplies
15.11 / 12:09
Booking
economy
Enterprise
country
Latin
Cuban private grocery stores thrive but only a few people can afford them
Dozens of tiny grocery stores have sprung up around Cuba in recent months
14.11 / 18:05
Reuters
Citizens
economy
pandemic
country
medicines
Help Wanted: Cuba's government turns to growing diaspora for investment
HAVANA (Reuters) — Cuba wants to tap its fast-growing overseas population for fresh investment to lift its sinking economy, a top foreign ministry official told Reuters this week, as the communist-run nation looks to overcome its worst downturn in decades.
06.11 / 22:23
16.09 / 21:09
Remark
country
Brazil's president calls U.S. economic embargo on Cuba 'illegal,' condemns terrorist list label
BRASILIA (Reuters) — On his first trip to Cuba during his third term in office, Brazilian President Luiz Inacio Lula da Silva called the embargo imposed by the United States on the island «illegal» and denounced the island's inclusion on the list of state sponsors of terrorism.
13.09 / 11:37
Cooper
Platform
COMPOSITE
Align
Celebrity
country
Celebrating Unity: India’s Role in the G-77 Plus China Summit
India has decided to make a change in its plans for the ‘G-77 plus China’ summit. Originally, External Affairs Minister Dr S Jaishankar was set to lead the Indian delegation to Cuba for this significant event. However, due to a special parliamentary session scheduled for September 18, all government ministers, including Jaishankar, must be in New Delhi.
21.08 / 14:07
Provident
FIVE
Reuters
Enterprise
country
electronic
As Cuba takes leap towards 'cashless' economy, entrepreneurs brace for impact
Cuba in early August announced it was taking a major step towards electronic banking and a «cashless» society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond. Most alarming to many budding entrepreneurs was a new 5,000 peso ($20) daily cap on cash withdrawals for businesses, one of several measures the government said were aimed at forcing Cubans to do their transactions electronically, via transfer, online payment and bank cards.
23.12 / 16:31
regulation
Marketplace
us sanctions
OpenSea blocks Cuban artists from the platform due to US sanctions
Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action.
07.05 / 11:33
European Union
Rescuers look for victims after Cuba hotel explosion kills 22
Rescuers in Cuba’s capital searched through the night in rubble, trying to find more victims of an explosion that killed at least 22 people and injured dozens at a luxury hotel that once hosted dignitaries and celebrities, including Beyoncé and Jay-Z
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