Search results for: MLC Store

In Manzanillo, the Windows of Hard Currency Stores Are Covered Against Stones

14ymedio, Juan Matos, Manzanillo, January 16, 2024 – The authorities of Manzanillo, in the province of Granma, have covered the windows of the stores in freely convertible currency (MLC). In recent months, stone attacks on these shops have increased, because of the population’s discontent. Covering the windows is a temporary measure that seeks to protect … Continue reading “In Manzanillo, the Windows of Hard Currency Stores Are Covered Against Stones”

Russian Mir Cards Give an ‘Error’ Message at the Store Where the Central Bank of Cuba Did the Tests

14ymedio, Havana, 6 December 2023 — “Error.” That word, appearing this Wednesday on the payment terminal screens at the Casa del Café Mamá Inés in Old Havana, destroys the illusions of the Central Bank of Cuba (BCC) about the effectiveness of the Russian Mir cards. Despite its commitment to the officials of the Russian National … Continue reading “Russian Mir Cards Give an ‘Error’ Message at the Store Where the Central Bank of Cuba Did the Tests”

The Opening of a Russian Store in Havana in 2024 Is Confirmed Without Clarifying What Currency Is Needed: Cuban Pesos or Foreign Currency

14ymedio, Madrid, November 13, 2023 — The official press echoed this Sunday the announcement of the opening of a Russian products store in Havana, a project between the RusMarket brand and the state-owned Cimex that had already been advanced eight months ago but now has a tentative date: March 2024. At that time, Evguéni Meytes, … Continue reading “The Opening of a Russian Store in Havana in 2024 Is Confirmed Without Clarifying What Currency Is Needed: Cuban Pesos or Foreign Currency”

Italian Businessman Linked to Castroism Will Open a Hard Currency Store in the Old Ten Cents Store in Galiano

14ymedio, Madrid, November 17, 2023 — Food, footwear, appliances, hygiene products and other household items: an entire catalog of products in a Havana shopping center that requires payment in hard currency. Unlike what happened a few days ago with the announcement of the upcoming arrival of RusMarket in the Cuban capital, it has become clear … Continue reading “Italian Businessman Linked to Castroism Will Open a Hard Currency Store in the Old Ten Cents Store in Galiano”

New Stores are Born in Cuba with a Strange Alliance Between the Private and State Sectors

14ymedio, Juan Diego Rodríguez/Olea Gallardo, Havana, 20 February 2023 — A new market in the heart of Centro Habana, a ration store with various items, a stationery store in the Miramar Trade Center, a fabric and upholstery store in El Vedado, a re-opened Italian pizzeria in the same neighborhood… these establishments have three things in … Continue reading “New Stores are Born in Cuba with a Strange Alliance Between the Private and State Sectors”

Alquizar, Cuba, Feels Abandoned Since the End of the Year, With No Coffee, Sugar or Oil at the Ration Store

14ymedio, Natalia López Moya, Havana, 1 February 2023 — “Before, here people could use lard to cook, but there is almost no one who raises animals and to make matters worse, since last year they have not sold oil through the bodega [ration store],” complains Liubis Torriente, 32, a resident of the municipality of Alquízar, … Continue reading “Alquizar, Cuba, Feels Abandoned Since the End of the Year, With No Coffee, Sugar or Oil at the Ration Store”

Nobody Understands the ‘Algorithms’ of the Cuban Peso Stores

14ymedio, Natalia López Moya, Havana, 18 January 2023 – She traces along the notice board with her finger. “This one’s my store”, she whispers as her forefinger reaches the sales schedule of a shop in the outskirts, in Calle Galiano, Havana. She slides her hand along until she finds her shopping date and then looks … Continue reading “Nobody Understands the ‘Algorithms’ of the Cuban Peso Stores”

A Foreign Currency Store for Mexican Paint Supplies, ‘Proudly Cuban,’ Opens in Havana

14ymedio, Juan Diego Rodríguez, Havana, 15 December 2022 — Throwing a bucket of water off the balcony, burning a doll or painting the house are some of the traditions that Cubans turn to every December so that, when January arrives, the problems of the previous year don’t pass to the new one. It is a … Continue reading “A Foreign Currency Store for Mexican Paint Supplies, ‘Proudly Cuban,’ Opens in Havana”

A Cuban Deputy Regrets That All Hotel Stores Accept Payment Only in Hard Currency

14ymedio, Havana, 20 July 2022 — Cuba’s Minister of Tourism is sticking to his forecast and maintains once again that the target of 2.5 million foreign travelers will be met this year. Although in the first six months of the year, the island received only 682,297, the Cuban authorities are determined that geometric progression cannot … Continue reading “A Cuban Deputy Regrets That All Hotel Stores Accept Payment Only in Hard Currency”

Police Return to ‘Guarding’ the Hard Currency Stores in Havana

14ymedio, Juan Diego Rodríguez, Havana, 1 June 2022 — The picture offered by the Plaza de Carlos III in Havana was not normal, with numerous “red berets”, known within the Armed Forces as “prevention troops”, guarding the entrances and shops of the market on Wednesday morning. The same thing happened in La Época, in Galiano and … Continue reading “Police Return to ‘Guarding’ the Hard Currency Stores in Havana”

In Havana, Purchases in Pesos in State Stores are Further Restricted

14ymedio, Havana, 24 May 2022 — The provincial government of Havana took a further step in rationing, by decreeing new limitations for the sale of products through state businesses that sell in national currency, to take effect on Friday, May 20. A month after it was announced that people could only shop in the establishments … Continue reading “In Havana, Purchases in Pesos in State Stores are Further Restricted”

Rock is Thrown Through the Window of a Havana Phone Store Last Night

14ymedio, Juan Diego Rodríguez, Havana, 30 March 2022 — No one saw anything and few are talking, but the truth is that this Tuesday the office of the State telecommunications company Etecsa on Obispo Street, in Old Havana, woke up with a broken glass. “They have already begun to break the windows of the Etecsa … Continue reading “Rock is Thrown Through the Window of a Havana Phone Store Last Night”

Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy

14ymedio/EFE, Havana, 8 February 2022 — This Tuesday, Alejandro Gil, Cuba’s Minister of Economy and Planning, defended the opening of stores that operate exclusively in hard foreign currency, arguing that, without them “the country’s economic situation would be even more complex”. Gil told the Cuban News Agency (ACN) that “although many do not see it … Continue reading “Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy”

‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy

14ymedio, Madrid, 11 February 2022 — Aware of the annoyance generated by the expansion of stores that take payment only in MLC (freely convertible currency), on Thursday Alejandro Gil, Minister of Economy and Planning, wanted to delve into the defense he made of the stores last Tuesday in an interview with the Cuban News Agency … Continue reading “‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy”

Do Hard Currency Stores in Cuba Have any Justification?

14ymedio, Elías Amor Bravo, Economist, 9 February 2022 — There are times when it is better to remain silent. The Cuban economy minister, Gil, has said on Cubadebate that “without the stores in MLC [hard currency], the economic situation in Cuba would be even more complex.” But he knows that this is not true and that, at … Continue reading “Do Hard Currency Stores in Cuba Have any Justification?”