Search results for: MLC

Cuban Government Will Suspend Private Companies That Do Not Enable Electronic Payment Within Six Months

14ymedio, Havana, August 4, 2023 — State and private companies that purchase food products –both agricultural and of animal origin, including meat, poultry, dairy products and fish products – must pay for the wholesale purchase exclusively through electronic payment and immediately. The measure, which is part of the new rules for the “banking-ization” of the … Continue reading “Cuban Government Will Suspend Private Companies That Do Not Enable Electronic Payment Within Six Months”

Cuba’s Central Bank Prohibits Private Businesses from Withdrawing Cash from ATMs

14ymedio, Havana, August 2, 2023 — The “bankification” of the country, just approved this Monday by the Council of Ministers, reflects the lack of liquidity of the Cuban State, and will begin to take effect as of this Thursday, “gradually,” with the announcement of a group of measures by the Central Bank of Cuba (BCC). … Continue reading “Cuba’s Central Bank Prohibits Private Businesses from Withdrawing Cash from ATMs”

The President of Cuba’s National Assembly Lashes Out: ‘We’re Tired of Programs and Measures. Where is the Reality?’

14ymedio, Havana, 18 July 2023 — On Tuesday, Cuba’s Parliament held a session to take the pulse of the national economy for the current year and evaluate 2022 results. The outlook, judging by the data offered by the Vice Prime Minister for Economy and Planning, Leticia Morales, is discouraging: 45.48% annual inflation, only 1.8% growth … Continue reading “The President of Cuba’s National Assembly Lashes Out: ‘We’re Tired of Programs and Measures. Where is the Reality?’”

Cubans Will Be Without Hot Dogs until August

14ymedio, Havana, 15 July 2023 — Hot dogs, the great lifeline of the Cuban family table, will decrease in stores in the coming weeks after the temporary closing at the Sancti Spíritus sausage factory, the only one of its kind in Cuba. The industry stopped the engines in order to carry out “extensive” maintenance, which will … Continue reading “Cubans Will Be Without Hot Dogs until August”

The Spanish Melia Opens a Luxury Hotel in the Building of the Extinct Petroleum Union in Havana

14ymedio, Juan Diego Rodríguez, Havana, 6 July 2023 — A room costs between 295 and 383 euros a night this month at the new INNSiDE Habana Catedral hotel, inaugurated last Saturday by the Spanish group Meliá in Old Havana. If the traveler prefers the “Townhouse Suite,” with 560 square feet, king size bed and view … Continue reading “The Spanish Melia Opens a Luxury Hotel in the Building of the Extinct Petroleum Union in Havana”

While Healthy and Cheap Food is Absent, Parranda Beer Arrives in Cuba in Half-Liter and a Liter-and-a-Half Bottles

14ymedio, Havana, July 6, 2023 — Cubans who wanted to buy Parranda beer – created by an agreement between the Dutch company Bavaria and the state-owned Cuba Ron – have only been able to do so in the 3rd and 70th market in Havana and paying in freely convertible currency (MLC). The debut of the … Continue reading “While Healthy and Cheap Food is Absent, Parranda Beer Arrives in Cuba in Half-Liter and a Liter-and-a-Half Bottles”

Jose Angel Buesa, the Cuban Poet Ignored by Castrismo

14ymedio,  Jorge Hernández Fonseca, Miami, 26 June 2023 – It is estimated that there are more than three million Cubans (and descendants of Cubans) in exile. One of them was, in his day, José Ángel Buesa. Very early in the Cuban communist revolution, a romantic poet disaffected with the emerging dictatorship was one intellectual too many … Continue reading “Jose Angel Buesa, the Cuban Poet Ignored by Castrismo”

Due to Lack of Money for Maintenance, Only 50 Percent of Transport in Cuba Works

14ymedio, Madrid, 27 June 2023 — With the holidays just around the corner, the overall situation in passenger transport is bleak on the Island. The most serious thing, due to its repercussions on mortality, is the insecurity of the roads. According to the Minister of Transport, Eduardo Rodríguez Dávila, 40% have an unfavorable technical condition. … Continue reading “Due to Lack of Money for Maintenance, Only 50 Percent of Transport in Cuba Works”

Economic Disorder, Castroism’s Vocation / Jeovany Jimenez Vega

Jeovany Jimenez Vega, 15 Dec 2020 (Readers note: This article is more than three years old, but has just been translated for this site] — We are so accustomed to Castroism’s autocratic punches that we end up reacting in the same way every time the Cuban authorities announce with suspicious solemnity some “set of new … Continue reading “Economic Disorder, Castroism’s Vocation / Jeovany Jimenez Vega”

The Cuban Government Acknowledges Having Used Diesel From the State Industry To Generate Electricity

EFE/14ymedio, Havana, 13 June 2023 — The Cuban Minister of Economy and Planning, Alejandro Gil, acknowledged that the diversion of diesel from industry to electricity generation has negatively affected the country’s productive activity. Gil made these statements in his inaugural speech at the “Three Days of Productive Economics of Cuba,” a meeting of state and … Continue reading “The Cuban Government Acknowledges Having Used Diesel From the State Industry To Generate Electricity”

The Cuban-Chinese Company Haitech Gives Away Tsingtao Beer and Coca-Cola to Attract Customers

14ymedio, Juan Diego Rodríguez, Havana, 13 May 2023 — A crowd of people were milling around, suddenly and at full speed, in front of number 665 Carlos III Street. There, two blocks from the market of the same name, where the Pepsi Cola Company of Cuba once was, informal sellers are usually found. This Friday … Continue reading “The Cuban-Chinese Company Haitech Gives Away Tsingtao Beer and Coca-Cola to Attract Customers”

One of Its Inventors Describes the Cuban App ‘Ticket’ As ‘The Monster I Helped Create’

  14ymedio, Mercedes García, Havana, 11 May 2023 – The App ’Ticket’, launched in Cuba in December 2022 to facilitate the electronic processing of appointments in both public institutions and private businesses, increasingly displeases customers and even one of its creators, Jesús Daniel Saura Díaz. A few days ago, the latter expressed one of the … Continue reading “One of Its Inventors Describes the Cuban App ‘Ticket’ As ‘The Monster I Helped Create’”

Syphilis and Gonorrhea Spread in the Cuban Province of Artemisa Due to the Lack of Condoms

14ymedio, Havana, 12 May 2023 — The last batch of condoms destined for commerce and for Artemisa’s medical offices was received two years ago. Since then, the Directorate of Pharmacies and Opticians of the province recognizes in the local press that the supply has been limited only to the informal market, where Cubans can get … Continue reading “Syphilis and Gonorrhea Spread in the Cuban Province of Artemisa Due to the Lack of Condoms”

Chicken From the ‘Empire’ Was Delivered for the Cuban Ration Book

14ymedio, Natalia López Moya, Havana, May 10, 2023 — “The missing chicken and rice have arrived for the population. Pending coffee and detergent, blessings.” The message from a neighbor of Central Havana this Wednesday set off a crowd that ran in search of the chicken that had been lost for months. Two hours later there was … Continue reading “Chicken From the ‘Empire’ Was Delivered for the Cuban Ration Book”

The Cuban With Dollars Also Eats Badly: Picadillo, Sausages and Mayonnaise Bought From the Outside

14ymedio, Natalia López Moya, Havana, 25 April 2023 — The online sales pages for relatives abroad to buy for their relatives in Cuba have not only proliferated like fungi after the rain but reveal the disorder in the island’s diet. Among the first five products of the “best sellers” on some sites, such as Supermarket … Continue reading “The Cuban With Dollars Also Eats Badly: Picadillo, Sausages and Mayonnaise Bought From the Outside”