Search results for: Ricardo Cabrisas

Ricardo Cabrisas Travels to Moscow in Search of More Russian Investments for Cuba

14ymedio, Havana, 2 November 2023 — The Minister of Foreign Trade and Foreign Investment, Ricardo Cabrisas, architect of the rapprochement between the Kremlin and Havana, traveled this Wednesday to Moscow to discuss new agreements to oxygenate the anemic Cuban economy. The plans discussed with his Russian counterpart, Deputy Prime Minister Dmitri Chernishenko, include the promise … Continue reading “Ricardo Cabrisas Travels to Moscow in Search of More Russian Investments for Cuba”

The Installation of the Russian Bank Novikombank in Cuba Seeks To Avoid US Sanctions

The president of the bank pointed out that Putin “pays special attention to strengthening cooperation” between the two countries 14ymedio, Havana, June 23, 2024 — “Developing an independent financial infrastructure” capable of dodging United States sanctions is the main purpose of Novikombank, the first Russian bank on the Island. This was stated by Sergei Baldin, … Continue reading “The Installation of the Russian Bank Novikombank in Cuba Seeks To Avoid US Sanctions”

Russia Will Invest 11 Million Dollars in the State-Owned BioCubaFarma To Develop Medicines

Cuba’s Minister for Foreign Affairs Bruno Rodríguez will visit Nizhny Novgorod and Moscow next week, the Kremlin spokesperson announced on Friday EFE (via 14ymedio), Moscow, 7 June 2024 — The Russian Direct Investment Fund (RDIF) will invest, in an initial phase, $11.3 million for the Cuban state-owned company BioCubaFarma to develop medicines against geriatric and … Continue reading “Russia Will Invest 11 Million Dollars in the State-Owned BioCubaFarma To Develop Medicines”

Russia Says It Has the Resources To ‘Guarantee Cuba’s Food Security’

Moscow doubled its agro-industrial exports to the Island in 2023 14ymedio, Havana, 8 June 2024 — During the tour carried out by Cuban Deputy Prime Minister Ricardo Cabrisas in search of funding for the Development Plan of Cuba until 2030, at the International Economic Forum of St. Petersburg 2024 (SPIEF), it was reported that exports … Continue reading “Russia Says It Has the Resources To ‘Guarantee Cuba’s Food Security’”

Solar Parks in Cuba Are Promised Despite the Collapse of Renewable Energies in 2023

Renewables fell on the Island by 6.4% compared to the previous year and barely accounted for 3.6% 14ymedio, Havana, 6 June 2024 — The Government insists on presenting renewable energies as the great hope to solve Cuba’s energy crisis, despite the fact that, just three days ago, the report published by the National Office of … Continue reading “Solar Parks in Cuba Are Promised Despite the Collapse of Renewable Energies in 2023”

A Spanish Bank Leaves Cuba as a Russian Bank Opens Offices in Havana

14ymedio, Havana, May 1, 2024 — Two resolutions adopted by the Central Bank of Cuba (BCC) have become a symbol of the financial future towards which Havana seems to be moving. In a announcement published on Tuesday in the “Official Gazette,” the bank indicated that it has accepted a request by Spain’s Banco Bilbao Vizcaya … Continue reading “A Spanish Bank Leaves Cuba as a Russian Bank Opens Offices in Havana”

Vietnam Donates 1,650 Tons of Rice to Cuba

14ymedio, Havana, April 16, 2024 — Cuba and Vietnam agreed on Monday to a protocol that covers more than 50 new agreements to strengthen bilateral cooperation in numerous sectors of the economy, trade, investment and other areas, such as education and science. The document is the result of the 41st Intergovernmental Commission for bilateral economic and … Continue reading “Vietnam Donates 1,650 Tons of Rice to Cuba”

Cuba Receives More Than 90,000 Tons of Oil From Russia

EFE/14ymedio, Havana, 31 March 2024 — Cuba received a ship from Russia with more than 90,000 tons of oil to alleviate the Island’s energy crisis, the Ministry of Energy and Mines reported on Saturday. The NS Concord, under the flag of Gabon, arrived at the Matanzas base in the  west of the country. This is … Continue reading “Cuba Receives More Than 90,000 Tons of Oil From Russia”

Cuba Agrees on a ‘Road Map’ With Turkey, a Key Energy Partner of the Island

EFE/14 ymedio, Havana, 12 March 2024 — The Cuban Deputy Prime Minister, Ricardo Cabrisas, and the Turkish Minister of Commerce, Ömer Bolat, agreed on Tuesday in Turkey on a “road map” for bilateral economic-trade cooperation between 2024-2026, which includes the energy area, a key aspect for Havana. The visit of Cabrisas, the Foreign Ministry reported … Continue reading “Cuba Agrees on a ‘Road Map’ With Turkey, a Key Energy Partner of the Island”

‘Provacateurs’ Are Taking Advantage of Cubans’ Unrest Over Blackouts, Charges State TV’s Round Table Program

14ymedio, Madrid, 19 March 2024 — At 3:54 in the afternoon this Monday, the Antonio Guiteras thermoelectric plant was synchronized with the National Electric System and, if all goes well, in the next few hours it will be able to contribute 280 megawatts (MW), said the Minister of Energy and Minas, Vicente de la O Levy. Added … Continue reading “‘Provacateurs’ Are Taking Advantage of Cubans’ Unrest Over Blackouts, Charges State TV’s Round Table Program”

Russian Foreign Minister Sergey Lavrov Begins His Ninth Visit to Cuba in 20 Years

EFE (via 14ymedio), Havana, 19 February 2024 — Russian Foreign Minister Sergey Lavrov made a brief visit on Monday to Cuba, one of Russia’s main allies in Latin America, with whom it has strengthened bilateral political and economic cooperation in recent months. This will be Lavrov’s ninth visit to the Island since his appointment to … Continue reading “Russian Foreign Minister Sergey Lavrov Begins His Ninth Visit to Cuba in 20 Years”

Cuban Parliament Rends Its Garments over State Corruption and the Financial Crisis

14ymedio, Havana, 20 December 2023 — Corruption in grocery stores and soup kitchens, corruption in sports and educational institutions, corruption in the state sector and in small businesses. The numbers do not add up and Cuban officials were unable to avoid the word (it had been taboo among government leaders for decades) during presentations to … Continue reading “Cuban Parliament Rends Its Garments over State Corruption and the Financial Crisis”

Cuban Faces of 2023: The 14 Faces That Marked the Year 2023 in Cuba

14ymedio, Havana, 24 December 2023 — If instead of choosing faces, at the end of 2023 we had compiled the objects that best represent Cubans this year, we would have included in the list a suitcase, some police handcuffs, a baseball, a judge’s gavel, a keyboard, a microphone and graffiti on some facade. Every presence … Continue reading “Cuban Faces of 2023: The 14 Faces That Marked the Year 2023 in Cuba”

Two Buildings Renovated with Saudi Money Now Occupied by Friends of the Cuban Regime

14ymedio, Nelson García and Olea Gallardo, Havana, 22 November 2023 — Judging from the buildings at 202 Obispo Street and 653 Cuba Street in Old Havana, one would never guess it has been sixty-five years since the Cuban revolution. Neat and tidy, with smooth walls and new paint, the buildings — recently renovated with Saudi … Continue reading “Two Buildings Renovated with Saudi Money Now Occupied by Friends of the Cuban Regime”

Leaders Only Have Eyes for Russia at the Havana International Fair

14ymedio, Madrid, November 7, 2023 — With Prime Minister Manuel Marrero seeking support in China, Cuban President Miguel Díaz-Canel cut the ribbon this year for the 39th edition of the Havana International Fair (Fihav) with his Minister of Foreign Trade and Foreign Investment, Ricardo Cabrisas. The change was noticeable in the suit with tie, compared … Continue reading “Leaders Only Have Eyes for Russia at the Havana International Fair”