Archive for the ‘Cuba News’ Category

July 1, 2014

French bank accepts harsh U.S. conditions, pulls out of Cuba

Johannes Werner and Vito Echevarria, Cuba Standard – As part of an agreement to pay record fines of $8.97 billion to settle allegations it used U.S. dollars in transactions with Cuba, Iran, Sudan and Burma, French bank BNP Paribas promised U.S. enforcers to terminate all business with U.S.-sanctioned countries “in any… read more »

June 30, 2014

Cuba prosecutors seek 15 years for Canadian man

Peter Orsi, Associated Press – Prosecutors are seeking 15 years in prison for a Canadian businessman who was arrested in a high-profile crackdown on corruption, Cuban authorities said Monday. The trial of Cy Tokmakjian, president of an automotive and transportation company, the Tokmakjian Group, concluded June 12 and a ruling is… read more »

June 28, 2014

Google execs visit Cuba for first time to promote open Internet

David Adams, Reuters – A team of top Google executives is visiting Cuba to promote open Internet access, according to a dissident blogger who says she met the group in Havana. The team, led by Executive Chairman Eric Schmidt, met with Cuban officials as well as independent people in the technology… read more »

June 25, 2014

Alan Gross “plans to end his life,” says lawyer of American jailed in Cuba

CBS News – The wife and lawyer of Alan Gross, a U.S. government subcontractor serving a 15-year prison sentence in Cuba, said Wednesday they fear for his life even more after his mother’s death from cancer last week. In Havana to visit her husband, Judy Gross again urged Washington to do whatever is necessary… read more »

June 23, 2014

Cuba downgrades 2014 GDP forecast to 1.4 percent

Associated Press – Cuba has revised its 2014 economic growth forecast downward to 1.4 percent, Communist Party newspaper Granma said Monday, nearly a point off previous projections of 2.2 percent. Economy Minister Adel Yzquierdo attributed the downgrade to lagging foreign income, adverse climatic conditions and “internal insufficiencies that our economy continues… read more »

June 23, 2014

Cuba permits internet access for co-ops

TeleGeography – Cuba’s Ministry of Communications (MIC) has authorised state-owned telecoms monopoly Empresa de Telecomunicaciones de Cuba (ETECSA) to provide internet services to non-agricultural cooperatives from 29 June, the Cuba News Agency reports. According to MIC Resolution No. 396, internet access will only be provided from existing facilities on the premises of non-agricultural… read more »

June 23, 2014

Crist changes mind, won’t visit Cuba this summer

Paul Guzzo, The Tampa Tribune – Charlie Crist, who capped his change of heart over the Cuban embargo with the news last month that he would visit the Communist nation this summer, will not go there after all, his campaign said this morning. “If at some point after the election there… read more »

June 22, 2014

Cuba rejects U.S. accusation over human trafficking

Xinhua News Agency – Cuba on Saturday dismissed a U.S. report which put the island nation on a black list of “human trafficking countries.” “The Cuban government rejects categorically as unfounded this unilateral move offending our people,” Josefina Vidal, director-general of the U.S. Department at the Cuban Foreign Ministry, said in… read more »

June 20, 2014

Florida law seeks to change rules for Cuban baseball players

Bill Cotterell, Reuters – Major League Baseball must allow players in Cuba to sign contracts directly with professional teams in the United States in order to receive tax breaks in Florida under a new law signed by Governor Rick Scott on Friday. Because of the U.S. trade embargo on Cuba, existing… read more »

June 20, 2014

Cuba ferry possible for Tampa port property

Yvette C. Hammett, The Tampa Tribune — Patrick Allman envisions the day when a Cuban businessman could come to Tampa, purchase 20 cars at auction and on the same day, ship them back to his home country on a ferry docked in the Channel District. “I could see a shipment… read more »