When in early August Cuba announced that he was taking a big step towards electronic banking and a “cashless” society, the red alerts began for the incipient and small companies of the Caribbean island. Most alarming for many budding businessmen was a new cap of 5,000 pesos, about US$20, as a daily limit on cash […]
Tag: Cuba
Two years after the creation of small and medium-sized companies in Cuba: what is the progress?
The regulations that gave rise to the creation of private micro, small and medium enterprises (MSMEs) in Cuba He turns two years old this Saturday amid a myriad of criticisms, a deep economic and political crisis that limit his management. These new firms entered the scene of the traditionally centralized Cuban economy just one month […]
Cubans resist the bancarization of the island’s economy
“No way! You can’t give the bank anything”says Lisandra Pupo, a 30-year-old mechanical engineer who is skeptical about the bankarization of the economic operations announced by the Cuban Central Bankwhich tries to reduce the number of banknotes that circulate on the street. The new regulations, which entered into force last Thursday, will oblige both citizens […]
This is the currency of Celia Cruz and her cry “¡Azúcar!” In U.S.A.
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/GLQ33IWNGZHEXI5T2FOIHYXKSI.jpg?fit=%2C&ssl=1)
The famous Cuban singer Celia Cruz, whose death marked the 20th anniversary on July 16, and his popular exclamation “Sugar!” they appear on a 25-cent coin whose design has just been revealed, although it will not enter circulation until 2024. The US Mintthe United States Mint, dedicated to the “Guarachera de Cuba” one of the […]
In the last year, the arrival of Venezuelan migrants to the southern border of Mexico increased 150%
The flow of Venezuelan migrants who arrive at the southern border of Mexicowith the aim of reaching USAincreased 150% in 2022, a percentage that has been sustained in the last three years, said the leader of a promigrantes organization in the state of Chiapas, southeastern Mexico. The director of the Center for Human Dignification (CDH), […]
Elián, the Cuban child at the center of a dispute with the US, becomes a parliamentarian
The Cuban Elián González has the same large eyes and penetrating gaze of more than two decades ago, when he was barely six years old and after being shipwrecked with his mother in the Straits of Florida, he became the center of a legal and diplomatic dispute between Cuba and USA. But now he is […]
US explores refugee program for non-Mexican asylum seekers in Mexico
US and Mexican officials are discussing a new refugee program from USA for some non-Mexican asylum seekers waiting in Mexicoas part of the president’s attempts Joe Biden to open up more legal avenues for migration, four sources said. The program would probably be open to Cuban, Haitian, Nicaraguan and Venezuelan refugees in Mexico, the sources […]
The slow convalescence of post-coronavirus tourism in Cuba
Despite the end of the pandemic of the coronavirus, Cuba keep fighting to get it back tourisma vital activity for your economy. In Trinidad, jewel of the Caribbean island, the high season was “unstable”according to workers of the sector that are committed to the return of Russian visitors and the opening of new markets. “Little, […]
Biden hopes to meet Xi Jinping in the coming months
The president of USA, Joe Bidensaid on Saturday that he hopes to meet his Chinese counterpart, Xi Jinpingin the coming months, after the long-awaited trip of the US Secretary of State, Antony Blinken, to Beijing. “I look forward to meeting with Xi again in the coming months and discussing the legitimate differences we have and […]
Blinken flies to China for an expected but cold approach
After months of reproaches between USA and China, US Secretary of State Anthony Blinkenflies this Saturday to Beijing to reduce tension with the Asian giant, a long-awaited trip but one that has a limited scope. The plane of the head of US diplomacy will land on Sunday morning for a visit that was scheduled last […]