Cuba’s economy is largely state-controlled, with the government owning most means of production and employing a majority of the workforce. Key sectors of the island nation’s economy that generate foreign exchange include the export of professional services (largely medical personnel to Venezuela & Brazil); tourism, which has grown significantly since the mid-1990s, with 3.5 million … Read more
According to Integra Realty Resources’ (IRR) analysis in “Caribbean Market Update, 2016 Mid-Year Report” slightly over 30 million stopover visitors will visit the Caribbean in 2016 (including Cancun, Cozumel and Belize). Their data indicate average growth in tourist stopover arrivals to the (23 of 30) reporting markets in the Caribbean region (excluding Belize, Cancun and … Read more
Depending on the health of your wallet, you may face an important question about how to spend excess cash: do you want an experience that will translate into amazing memories or do you want a piece of art from an art gallery or dealer at home. Richard E. Jaffe, retail analyst at the investment firm … Read more
The second Startup Weekend Havana, taking place in Havana Aug 5-7, has secured more sponsors. The current sponsors are: .CO @dotCO Dell @dell EngageCuba @Engage_Cuba HealthX Ventures @HealthXVentures Gener8tor @gener8tor CubaOutsource @CubaOutsource Merchise Startup Circle, the Havana-based group organizing the event, has secured a prime venue at the recently-re-branded Sheraton 5th Ave. The Sheraton announced … Read more
Ben Rhodes, Deputy National Security Advisor for Strategic Communications for US President Barack Obama, said in an interview with Vice Media about Cuba, “For what ever reason, it’s easier to bomb another country than it is to engage another country.” July 20th marks the completion of the first year of restored diplomatic relations between the … Read more
The US Department of Transportation (DOT) approved FedEx’s uncontested application to become the first all-cargo airline to provide scheduled flights to Cuba. FedEx has thus far been the only all-cargo carrier to seek scheduled authority to Cuba. Beginning January 15, 2017, the company will commence once-daily Monday through Friday service between Miami, Florida and Matanzas, … Read more
Cuba’s original inhabitants were an Arawak people called Taino who became extinct following settlements by Spanish colonists. From its discovery by Columbus in 1492 until the Spanish-American War in 1898, Cuba was a Spanish colony. In the 19th century, the country became a major sugar producer, with slaves from Africa arriving in increasing numbers to … Read more
CIN Becomes First U.S. Firm to Provide Film & Broadcast Services in #Cuba https://t.co/i9GLB4DlWr pic.twitter.com/JYAvJbj3Vd — Cuba Journal (@CubaJournal) August 2, 2016 It’s no secret that the US film and television industry has discovered Cuba. Among the images of antique American cars is a steady and growing stream of on-location film and broadcast events flocking … Read more
In 2011, Cuban scientists contacted Roswell Park Cancer Institute to discuss a vaccine Havana’s Centro de Inmunologia Moleculogia Molecular (CIM) had developed for potential use in treating advanced stage lung cancer and other cancers. After discussions that focused on the science as well as building trust, CIM and Roswell Park entered into an R&D partnership … Read more
Last month, Gaviota’s 5th Avenue Hotel re-branded to operate under a new US brand, Four Points by Sheraton. Gaviota – an arm of the Cuban government/military – and the company behind the brand, Starwood Hotels & Resorts Worldwide, signed an agreement in March to operate two hotels in Cuba. The 5th Avenue Hotel is the … Read more
