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Business & Economy

New Labor Law Creates Confusion in Cuba

Some workers have expressed concern over the fact that those who are not directly involved in production now have higher wages than those who are while some company managers are not comfortable with the new system because they are directly involved in production and will receive less money that their workers.
Submitted by josek on Sat, 2009-07-04 10:49.
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Cuba and Portugal to Boost Cooperation

Cuban and Portuguese government have decided to upgrade their cooperation, with special emphasis in biotecnology, the pharmaceutical industry and renewable energies.
Submitted by josek on Thu, 2009-07-02 13:41.
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Cuba's Trade Deficit Goes Sky High in 2008

The trade deficit jumped to 65 percent during the last year due to several factors, including the three hurricanes that affected the country and the fall of their nickel exports.
Submitted by josek on Wed, 2009-07-01 09:53.
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If Ban Lifted, Cuba Can Service U.S. Tourists

According to Miguel Figueras, adviser at Cuba's tourism ministry, Cuban's tourism industry will have enough capacity for the surge of American travelers should U.S. lawmakers lift restrictions on visits to the island.
Submitted by josek on Tue, 2009-06-30 10:05.
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World Sugar Prices Rise

The world sugar market closed the week with significant increases
Submitted by nesy on Sun, 2009-06-28 14:58.
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Collective Solutions demanded Cuba at the United Nations Conference on the World Economic and Financial Crisis.

Cuba Demands Collective Solutions to World Crisis at UN Assembly
Submitted by nesy on Fri, 2009-06-26 21:41.
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Cuba will host the regional stage of the world most important programming competition

Cuba will host the regional stage of the world most important programming competition organized by the Association for Computing Machinery (ACM), the world largest educational and scientific computing society.
Submitted by nesy on Thu, 2009-06-18 12:46.
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6th International Conference on Accounting, Auditing and Finance in Havana

The event included discussions on the current international financial crisis and its effects on the Cuban economy
Submitted by nesy on Wed, 2009-06-17 12:04.
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Center of Biotechnology and Genetics Engineering of Cuba is producing highly effective antivirals

The Havana-based Center of Biotechnology and Genetics Engineering (CIGB) is producing highly effective antivirals that are being used in the treatment of patients infected with the Influenza A (H1N1) virus in Cuba.
Submitted by nesy on Tue, 2009-06-16 12:09.
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Cuban factories are closing down and production is being cut by the international financial crisis

Cuban factories are closing down and production is being cut at other workplaces as the international financial crisis weighs on the import-dependent Caribbean island, the official media said on Sunday.
Submitted by nesy on Mon, 2009-06-15 11:15.
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Prominent neurosurgeon received permission to leave Cuba

A prominent Cuban neurosurgeon said she had received permission to leave Cuba, 15 years after breaking ranks with former leader Fidel Castro over the communist-ruled nation's healthcare system.
Submitted by nesy on Sun, 2009-06-14 12:36.
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Bolivian President Evo Morales arrived to Cuba today

Bolivian President Evo Morales arrived to Cuba on Thursday responding to an invitation by Cuban President Raúl Castro.
Submitted by nesy on Thu, 2009-06-11 12:01.
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Spanish Foreign Minister, Moratinos says that Obama follows the Spanish politics with Cuba

Spanish Foreign Minister Miguel Angel Moratinos on Tuesday expressed his appreciation for U.S. President Barack Obama's attitude to Cuba but said that Spain will carry out its own policy towards the island.
Submitted by nesy on Wed, 2009-06-10 13:09.
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Declaration of the Government of Cuba

In an act of unusual historic significance, the OAS has just formally buried the shameful resolution which excluded Cuba from the Inter-American System in 1962.
Submitted by nesy on Tue, 2009-06-09 13:30.
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Paraguayan President Fernando Lugo Comes to Cuba at the Invitation of Cuban President Raúl Castro

Paraguayan President Fernando Lugo comes to Cuba at the invitation of Cuban President Raúl Castro and heads a delegation made up of several government officials including Paraguayan Foreign Minister Héctor Lacognata
Submitted by nesy on Thu, 2009-06-04 00:28.
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