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Raúl Castro Says Cuba Must Reform Its Economy Cautiously

Monday, July 7, 2014 - 18:26

Island's President Wants Only Gradual Change, Despite Weak and Slowing Growth


Just 50 cars sold in 6 months under new law

Cuban authorities reported on Monday, June 30, 2014 that auto dealerships have sold just 50 automobiles and four motorcycles across the country in the nearly six months since a new law took effect letting islanders buy vehicles without a special permit for the first time in decades. Many Cubans were delighted when the new rules were announced in December 2013, and then left aghast by the sticker prices once they took effect. Most Cubans earn about $20 a month


Vladimir Putin to Visit Cuba on Latin American Tour

Russia's President Vladimir Putin will kick off a Latin American Tour this week, which includes Cuba, Argentina and Brazil. He will attend the summit of the BRICS Group in the Brazilian city of Fortaleza

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