Tag Archives: economic reforms

May 3, 2013

New York Times: Amid Fealty to Socialism, a Nod to Capitalism

Victoria Burnett, New York Times - In many ways, it was a typical May Day: Hundreds of thousands of Cuban workers — doctors, sailors, dancers, bank clerks — marched Wednesday toward this city’s vast Revolution Plaza, waving flags, holding aloft banners that proclaimed fidelity to socialism and tooting plastic horns. But… read more »

April 8, 2013

Castor returns from Cuba, calls for end to trade embargo

Bay News – U.S. Rep. Kathy Castor has returned from a four-day trip to Cuba. The Democrat from Tampa says America’s trade embargo on the island nation should end, saying “it’s time to try something new.” She is the second member of Congress from Florida to visit Raul Castro’s country… read more »

April 4, 2013

Cuba Allows State Firms to Implement Performance-Based Pay

EFE - Cuban state-owned firms may use up to 50 percent of post-tax profits for R&D and employee incentives, Communist Party daily Granma said Thursday, reporting on a recent meeting of the Council of Ministers. “Companies, once they’ve fulfilled their commitments to the state and the established requirements, may use after-tax… read more »

April 4, 2013

Rep. Kathy Castor arrives in Cuba for four-day trip

Tampa Bay Times – U.S. Rep. Kathy Castor embarked on a four-day trip to Cuba this week with her staff and the Center for Democracy in the Americas, her office said Thursday. Castor, D-Tampa, St. Petersburg, is scheduled to return to Tampa on April 8. The purpose of her trip… read more »

April 4, 2013

Castor has high hopes for mission to Cuba

Ted Jackovics, Tampa Bay Tribune - With U.S.-Cuba relations on the cusp of potentially significant change, U.S. Rep. Kathy Castor arrived in Havana on Wednesday night for meetings she hopes will enhance social ties and business opportunities for the Tampa Bay area. Castor, who guided Tampa International Airport’s quest for Obama… read more »

April 3, 2013

Cuba gears up for first free trade industry zone

AFP – Cuba on Tuesday unveiled rules for its first free trade manufacturing zone, a vast $900 million project being paid for mostly by Brazil in the port of Mariel near Havana. The Mariel Special Development Zone, a major trial balloon being floated by President Raul Castro’s communist government, is slated to… read more »

March 29, 2013

CUBA CENTRAL News Blast: Baseball in Cuba: Changeups or Regime Change?

With the start of regular season Major League Baseball on Monday, it’s a fitting moment to talk about the sport which has bound the U.S. and Cuba together since the 19th century. Like everything else, baseball couldn’t escape the politics and propaganda that have surrounded the relationship over the last three… read more »

March 20, 2013

Cubans on the move as new real estate market grows

Jeff Franks, Reuters - At an informal housing market on Havana’s historic Paseo del Prado, Renaldo Belen puts the hard sell on a prospective buyer under a tree hung with hand-lettered signs advertising homes for sale. A house near Boyeros, the avenue to the city’s airport, is being offered for the… read more »

March 20, 2013

Goat Farming, a Growing Alternative in Cuba’s Reform Process

Inter Press Service – Goat farming is becoming popular among farmers given land to use as part of the economic reforms implemented in Cuba since 2008. The increase in goat rearing, in provinces like Cienfuegos on the southern coast, could help expand the limited range of basic food products available… read more »

March 7, 2013

Cuba to open state-run wholesaler for private companies

Marc Frank, Reuters – Cuba established on Thursday a state-run wholesale company to sell food products, industrial and other consumer goods to private companies and the state sector, a step aimed at meeting a key demand of local entrepreneurs. The new company was just the latest indication that President Raul Castro… read more »