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Reports from Cuba: Cuban regime seeks its salvation in the investments of emigrants

Olea Gallardo reports from in 14yMedio from Havana via Translating Cuba: The Cuban Regime Seeks Its Salvation in the Investments of Emigrants Those who for decades were called “worms,” “traitors” and “counterrevolutionaries” have become the great hope of the Cuban regime to save the disastrous economy. A main objective seems to guide the Government of ....

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A Cuban can buy a house for the cost of a Norah Jones Havana concert package

Ignorance or apathy may have Norah Jones thinking she'll be sharing her music with the Cuban people next February, but typical Cubans can't afford her concert package, priced at roughly 1,500% of their average annual salary. In fact, for the cost of a package for her concert event in Havana, a Cuban can buy a ....

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Cuba seeks foreign investment, thumbing nose at US sanctions

Cuba hosted a business fair with over 800 companies from more than 60 countries on Monday as it lobbied for new investments, thumbing its nose at U.S. sanctions that have long spooked foreign companies from engaging with the communist-run island. Cuba blames the Cold War-era U.S. trade embargo and the COVID pandemic for crippling tourism and domestic industry, wiping out the cash it needs to import basic goods and making foreign investment ever more important. "Today we work .to minimize the negative impact of the economic, financial and commercial blockade," said Cuba foreign trade minister Ricardo Cabrisas at the forum's opening event. ....

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