Cuba Financial News

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Subscribe to enjoy similar stories.Cubans contending with widespread blackouts and growing desperation increasingly hope that a U.S. pressure campaign will lead to change on the island, even as the Communist government projects defiance.Many see a chance for greater freedom and economic transformation, even as others vow to resist any American military intervention.

Subscribe to enjoy similar stories.In an unusual attempt to get President Trump’s ear, the grandson of Cuban leader Raúl Castro tapped a wealthy Havana entrepreneur to try to personally deliver a letter to the White House last week outside of regular diplomatic channels, said a U.S. official and former U.S.

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the Netherlands has produced—under judicial compulsion and apparently with a straight face—is a mechanism that may force investors to sell assets simply to fund tax bills on gains that have not actually been realized.The broader concern is not the Dutch policy alone, but the trend it represents.Spend time in any corner of social media where economics is debated and you will encounter a growing community of neo-socialists who have arrived at a remarkable conclusion: socialism did not fail—it was simply never implemented properly.In this narrative, the Soviet Union, Maoist China and Cuba were merely flawed attempts at what is fundamentally a sound idea.The right people, armed with modern technology and the right intentions, will supposedly get it right this time.Within this worldview, taxing paper gains is not seen as overreach but as an obvious act of justice. The rich are simply too rich; their wealth—even the theoretical kind—is viewed as an affront that the state should correct.The notion that market value represents real money that the government is entitled to immediately, rather than when an asset is sold, fits neatly into this framework.

Subscribe to enjoy similar stories. Daily life in Cuba is grinding to a halt under a U.S. campaign to block the island’s oil imports, drawing international criticism that the Trump administration is pushing the island toward a humanitarian crisis with no clear endgame.

Subscribe to enjoy similar stories. Cuban President Miguel Díaz-Canel said his government is willing to engage with the Trump administration as the Communist island braces for severe fuel shortages after the U.S. threatened to impose trade sanctions to countries shipping oil to the Communist island.

Subscribe to enjoy similar stories. Ticker is a weekly newsletter by Vijay L Bhambwani. Subscribe to Mint's newsletters to get them directly in your email inbox. Dear reader, Happy Republic Day! Last week, I wrote that the near-term market outlook would be determined by the banking and financial sector stocks.

Subscribe to enjoy similar stories. Surveying his geopolitical scorecard at the end of last year, Xi Jinping had reasons to be cheerful. China’s leader had just stared down his American counterpart, Donald Trump, in a trade war.

Subscribe to enjoy similar stories. Latin America’s vast natural resources have been a draw for U.S. interests across history and industries—from Alexander Hamilton to President Donald Trump, and from Ford Motor to Exxon Mobil.

Removing Venezuela’s dictator introduced ‘Trump’s Corollary’ in Latin America with an exclamation point. The White House’s updated take on the Monroe Doctrine had its baptism of fire on Saturday, when US forces captured Nicolás Maduro at his Caracas stronghold, decapitating the Chavista regime responsible for bankrupting one of the world’s richest oil nations. Less than a month after Washington unveiled a new National Security Strategy pledging to restore American pre-eminence in the Western Hemisphere—by force if necessary—Maduro and his wife were on their way to New York to face “narco-terrorism” charges.

“al Qaeda of the Western Hemisphere,” U.S. officials have rallied domestic support for this more muscular foreign policy.For countries in the region, the new policy will set off a scramble to adjust. Pro-U.S., and pro-Trump, leaders like Argentina’s Milei and El Salvador’s Nayib Bukele have fared well.

would run the country indefinitely until a “safe, proper and judicious transition” could be arranged. He didn’t raise the prospect of elections.The president said “it would be tough” for the country’s opposition leader, María Corina Machado, who recently won the Nobel Peace Prize, to play a major role, saying she lacked popularity.

Subscribe to enjoy similar stories. WASHINGTON—President Trump signed into law new powers to screen and restrict U.S. investment in Chinese technology firms, marking the most significant effort yet to police how American capital flows into businesses that bolster Beijing’s military and surveillance state.

Subscribe to enjoy similar stories. Chennai: In 1947, the US led 23 nations into signing the General Agreement on Tariffs and Trade (GATT). The effort was to lower trade and tariff barriers among nations.

Is Trump actually playing a strategic ‘chess’ game—and are we all just pawns? On April 2, Trump unveiled sweeping new tariffs on foreign imports, calling the day “Liberation Day” for American industry. The move includes a 25% tariff on all foreign-made cars and a baseline 10% tariff on imports from every country not part of the USMCA trade deal—leaving the EU, UK, and others scrambling to respond. China, of course, fired back with a 34% tariff on U.S. goods. But as the political fallout begins to swirl, a viral social media theory is giving the chaos a dramatic twist.

Communist Party of China (CPC) has said in a message to the CPI(M), extending wishes for the party congress underway in Madurai. According to a document shared by the Communist Party of India (Marxist), 34 Left parties from across the world have sent it messages wishing success to its 24th party congress. Besides the CPC, they include Workers' Party of Korea, Communist Party of Vietnam, Communist Party of Cuba, Communist Party of Australia, Workers' Party of Belgium, Palestinian People's Party, besides communist parties from the US, France and Germany among others. Communist Party of Bangladesh, Workers Party of Bangladesh, Communist Party of Nepal (United Socialist), Awami Workers' Party, Pakistan, Communist Party of Pakistan and Communist Party of Burma also sent messages wishing success to the CPI(M) congress. The CPC in its message said in the present international landscape, an improving China-India relationship serves the common interest of both countries and the region. «The international landscape and world order are now in a new round of transformation. An improving China-India relationship serves the common interests of both countries and the region,» CPC said.

The rationale, as given by White House Press Secretary Karoline Leavitt, was that US sanctions already prohibit «meaningful trade» with these nations, so further tariffs were not needed, according to Axios. But although this argument may make sense, the US continues to trade more with Russia than with nations such as Mauritius or Brunei, which did find themselves on Trump's tariff list, reported Axios.

Subscribe to enjoy similar stories. The camp collar shirt, crafted in breathable fabrics and saturated with vibrant prints, is long known for being a summer vacation essential. In fact, it was first introduced as a holiday alternative to formal tailored shirts in the 1950s and named for their flat camp, or Cuban, collars.

US President Donald Trump invoked rarely used US wartime legislation to fly the Venezuelans to El Salvador on March 16, without the migrants being afforded any kind of court hearing. Salvadoran President Nayib Bukele said 238 Venezuelans were sent to his country after the United States accused them of being part of the Tren de Aragua criminal gang. It is an «embarrassment that has been committed with the kidnapping and forced disappearance of 324 Venezuelan migrants who were taken to a Nazi concentration camp in El Salvador,» Maduro said at a meeting in Caracas with foreign ministers from the Bolivarian Alliance for the Peoples of Our America (ALBA) bloc. Maduro did not explain where he got the figure from, and acknowledged that he does not yet have an official list.

humanitarian parole program for Cuban, Haitian, Nicaraguan, and Venezuelan migrants has placed Cuban American Republicans in a political dilemma. Many now face pressure to either support ending the Biden-era program—popular among their communities—or break ranks with former President Trump, whom they overwhelmingly back. The program, which allowed over 500,000 migrants to live and work in the U.S. for up to two years with sponsors, disproportionately benefited Cubans, the largest group of beneficiaries.