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Tag Archives: economic reforms

October 17, 2014

CUBA CENTRAL Newsblast: End It! What the NY Times and UN say about the US Embargo

In its lead editorial on Sunday, “Obama Should End the Embargo on Cuba,” the New York Times reignited the debate on Cuba by calling for the U.S. embargo to be lifted to serve the national interest and provide President Obama with a foreign policy legacy worthy of the name. In… read more »

October 3, 2014

CUBA CENTRAL Newsblast: On Ending Pipsqueak Diplomacy

We offer three loud, enthusiastic cheers to our friends Bill LeoGrande and Peter Kornbluh.  Their new book, Back Channel to Cuba, immediately made news and refocused discussion on the decrepit state of U.S.-Cuba diplomacy. “Clobber the pipsqueak” was Henry Kissinger’s call to war against Cuba. Using documents obtained from President… read more »

October 1, 2014

Cuba Says It’s Likely to Increase Money Supply

The Associated Press – The planned elimination of Cuba’s unusual dual-currency system will likely mean printing more of the single currency that remains, the country’s central bank chief said in a report published Wednesday. Read more: http://abcnews.go.com/International/wireStory/cuba-announces-details-currency-unification-25891608

September 26, 2014

CUBA CENTRAL Newsblast: Ending the Embargo: Can “Brand America” Bail Obama Out?

Not a great week for President Obama or his resilient support for the U.S. embargo against Cuba. With heads of state and government gathering at the United Nations for the 69th Session of the General Assembly, Juan Manuel Santos, President of Colombia, and Salvador Sánchez Cerén, President of El Salvador,… read more »

September 25, 2014

Cuba promotes official who has led market-style reforms

Reuters – Cuban President Raul Castro granted more authority to the man who has led the campaign to modernize Cuba’s socialist economy, naming Marino Murillo as economy and planning minister on Thursday, the government said. Read more: http://www.reuters.com/article/2014/09/26/us-cuba-economy-idUSKCN0HL02R20140926

September 20, 2014

Cuba approves 498 non-agricultural cooperatives in the last year

EFE — The Cuban government approved 498 non-agricultural cooperatives since the first 124 were created a year ago as a new model of economic enterprise, Cabinet secretary Homero Acosta said. Of the 498 approved, 283 are now in business, chiefly in the sectors of restaurants and related services, Acosta said… read more »

September 19, 2014

Cuba says 9,000 restaurants can now be privately owned

Margot Haddad, CNN — Thousands of now-state-run restaurants in Cuba will move into the private sector and be run by citizen owners, the island nation’s government announced Friday. The Cuban Domestic Trade department put the number eateries being privatized at 9,0000 — compared with 1,261 private family-run restaurants already operating…. read more »

August 29, 2014

CUBA CENTRAL Newsblast: Labor Day Weekend “No Apologies” Edition

Thank you for welcoming us back. While we were on holiday last week, the Associated Press reported, “The U.S. Treasury Department’s inspector general has determined Jay-Z and Beyonce’s fifth-anniversary trip to Cuba last year was legal under rules allowing educational travel to the island.” Did the AP get this story… read more »

August 11, 2014

Sandra Abd’Allah-Alvarez Ramírez interview with Sarah Stephens: When Washington ‘holds the pen’

CDA Executive Director Sarah Stephens had this interview below with Sandra Abd’Allah-Alvarez Ramírez of the Negra Cubana Tenía Que Ser blog. The English version, originally published in Progreso Weekly, is here below: I met Sarah Stephens through the book “En primera persona”, which presents interviews of 49 Cuban women. Since then… read more »

August 11, 2014

After offshore oil failure, Cuba shifts energy focus

Marc Frank, Reuters – Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry say. With so much oil readily available around the world, oil… read more »