Search results for: John Kavulich

Cuban President Díaz-Canel Describes as ‘Subversive’ the U.S. Decision To Authorize Bank Accounts for the Cuban Private Sector

14ymedio, Madrid, 30 May 2024 — The decision of the United States to authorize Cuban entrepreneurs to open bank accounts in the United States through the internet responds, according to Miguel Díaz-Canel, “to a subversive design, outlined in known strategies, that contemplates the manipulation and employment of this sector as a potential agent of change … Continue reading “Cuban President Díaz-Canel Describes as ‘Subversive’ the U.S. Decision To Authorize Bank Accounts for the Cuban Private Sector”

The Cuban Regime Seeks Its Salvation in the Investments of Emigrants

14ymedio, Olea Gallardo, Havana, 19 November 2023 — Those who for decades were called “worms,” “traitors” and “counterrevolutionaries” have become the great hope of the Cuban regime to save the disastrous economy. A main objective seems to guide the Government of Cuba at the conference it is holding with emigrants this weekend in Havana: to … Continue reading “The Cuban Regime Seeks Its Salvation in the Investments of Emigrants”

Cuban President Diaz-Canel Suggests Changes in the Law To Authorize Investments by Cuban Americans on the Island

14ymedio, Havana, 23 September 2023 — Miguel Díaz-Canel met this Friday behind closed doors, in New York, with a group of U.S. businessmen, several of them Cuban Americans, to discuss the “new business opportunities” they may have in Cuba, thanks to several economic “transformations” prepared by Havana. Although the president did not offer other details … Continue reading “Cuban President Diaz-Canel Suggests Changes in the Law To Authorize Investments by Cuban Americans on the Island”

The Lack of Fuel Forces the U.S. Embassy To Rent Electric Cars From the Cuban Government

14ymedio, Havana, 25 May 2023 — The U.S. Embassy in Havana has been forced to rent “numerous” electric cars, made in China, from the Cuban Government due to the fuel shortage on the Island, an anonymous State Department official confirmed to the Miami Herald. In a statement sent to the newspaper, the institution said that … Continue reading “The Lack of Fuel Forces the U.S. Embassy To Rent Electric Cars From the Cuban Government”

Three US Senators Ask Biden To End the Embargo and To Help the Cuban Private Sector

14ymedio, Havana, 17 March 17, 2023 — The letter sent on Wednesday to US President Joe Biden by three senators, calling for the end of the embargo on Cuba and more aid for the private sector of the Island, was answered the next day by the US-Cuba Commercial and Economic Council (Cubatrade), with several clarifications. … Continue reading “Three US Senators Ask Biden To End the Embargo and To Help the Cuban Private Sector”

Western Union Expands its Offices to Send Remittances from Florida to Cuba to More Than 340 Sites

14ymedio, Havana, 27 January 2023 — The financial company Western Union decided to expand its service for sending remittances to Cuba to 343 offices in Florida through the pilot program that it has been implementing since the beginning of this month and which had started in a few branches. Among the establishments that were incorporated into sending … Continue reading “Western Union Expands its Offices to Send Remittances from Florida to Cuba to More Than 340 Sites”

A U.S. Businessman Believes that Biden Will Allow Banking Relations with Cuba

14ymedio, Madrid, 28 July 2022 – John Kavulich, the first entrepreneur to obtain a US Treasury license for a private business in Cuba, believes that the Biden government will allow banking relations between the two countries, something that he considers a “logical” step, taking into account that his case wouldn’t be the only one. “It … Continue reading “A U.S. Businessman Believes that Biden Will Allow Banking Relations with Cuba”

American Businessman Authorized by the U.S to Invest in Cuba Is Keeping His Deal Secret

EFE (via 14ymedio), New York, 19 May 2022 — The United States authorized for the first time in six decades an investment in a private business in Cuba, undertaken by John Kavulich, who told EFE today that he has been in contact with “officials of the Joe Biden Administration,” congressmen and senators who have allegedly … Continue reading “American Businessman Authorized by the U.S to Invest in Cuba Is Keeping His Deal Secret”

Cuba Does Not Pay its Debts and Asks for Financing at the Ibero-American Summit

14ymedio, Madrid, 21 April 2021 — Today the Cuban government cannot meet the agreements to pay its foreign debt that it reached with its creditors after the thaw started in 2014 by then-US President Barack Obama. The conclusion reached by Bloomberg is final. A note published by the Bloomberg this Wednesday insists that the market for commercial loans received by the island … Continue reading “Cuba Does Not Pay its Debts and Asks for Financing at the Ibero-American Summit”

Miami Judge Dismisses the Application of Helms-Burton to Carnival

14ymedio, Havana, July 13, 2020 – A federal judge in Miami last week dismissed the lawsuit against Carnival Cruise Line brought by a Cuban American, Javier García-Bengochea, who says he is the legitimate owner of the property seized in the port of Santiago de Cuba. García-Begochea, a neurosurgeon and resident of Jacksonville, inherited the property … Continue reading “Miami Judge Dismisses the Application of Helms-Burton to Carnival”

Cuban-American Sues for Compensation for Property Expropriated in 1959 / EFE, 14ymedio

EFE, via 14ymedio, Miami, 7 February 2017 — The Cuban-American neurosurgeon Javier García-Bengochea filed a lawsuit in US federal court against a Chinese company for building on property that he says was expropriated from his family by the Island’s government in 1959. The civil suit, for 6.5 million euros, was filed last Friday in a … Continue reading “Cuban-American Sues for Compensation for Property Expropriated in 1959 / EFE, 14ymedio”

Cuban Small Farmers Association Defends State Monopoly On The Export Of Coffee / 14ymedio, Zunilda Mata

14ymedio, Zunilda Mata, Havana, 5 May 2016 — The National Bureau of the National Association of Small Farmers (ANAP) in Cuba rejects the recent measures from the U.S. Department of State which include coffee among the products produced by the non-State sector in Cuba that can be imported into the United States. In a statement … Continue reading “Cuban Small Farmers Association Defends State Monopoly On The Export Of Coffee / 14ymedio, Zunilda Mata”

Trivago Sued for "Trafficking" in Confiscated Properties in Cuba

14ymedio, Havana, 19 June 2019 —  This Tuesday, the law firm Rivero Mestre LLP, based in Coral Gables, Miami, filed a lawsuit against Trivago, a German transnational specializing in hotel and lodging search services, for “trafficking” with properties confiscated by Fidel Castro’s regime at the beginning of the 1960s. The lawsuit, under the provisions of Title … Continue reading “Trivago Sued for "Trafficking" in Confiscated Properties in Cuba”