Search results for: paquetazo

The Cuban ‘Paquetazo’ Moves to the Rhythm of Russian Demands

14ymedio, Yoani Sánchez, Generation Y, Havana, 29 February 2024 — Lavrov, Patrushev and Titov. We Cubans get lost among so many surnames of high-ranking Russian officials who arrive in Cuba. The procession, which has grown in number and frequency in recent months, coincides with official announcements of economic measures. It is very difficult to remove the Kremlin from the … Continue reading “The Cuban ‘Paquetazo’ Moves to the Rhythm of Russian Demands”

The Anguish of Cubans in the Face of the Government’s Economic ‘Paquetazo’

14ymedio, Yoani Sánchez, Generation Y, Havana, 29 December 2023 –Few garlands, scarce Christmas trees and less popular enthusiasm are marking the last days of 2023 in Cuba. Apart from the occasional isolated celebration, the spirit of this December seems more marked by uncertainty than by celebration. Added to the long economic crisis and the mass exodus … Continue reading “The Anguish of Cubans in the Face of the Government’s Economic ‘Paquetazo’”

Alejandro Gil’s Sister Confirms That the Former Cuban Minister and His Wife Are in Detention

14ymedio, Havana, 14 March 2024 — “My brother has been detained along with his wife. They have no cell phones; there is no way to communicate with them.” The former television presenter María Victoria Gil thus summarized the situation of her sister-in-law, Gina María González, and her brother Alejandro Gil Fernández, former Minister of Economy … Continue reading “Alejandro Gil’s Sister Confirms That the Former Cuban Minister and His Wife Are in Detention”

Economist Pedro Monreal Points Out a ‘Statistical Blackout’ in Official Cuban Data

14ymedio, Havana, 14 March 2024 — The balance sheet for Internal Trade in Cuba for 2023, published by the Government this Wednesday, provided only one statistic for the sector: 70% of the construction materials delivery plan was met. The rest of the meeting consisted of an accumulation of “enigmatic formulations, abundant exhortations, a drought of … Continue reading “Economist Pedro Monreal Points Out a ‘Statistical Blackout’ in Official Cuban Data”

Putin Approves New Credit Facilities for the Cuban Debt

EFE (via 14ymedio), Moscow/Madrid, 11 March 2024 — Russian President Vladimir Putin approved on Monday an amendment to the credit agreements between Russia and Cuba that gives the Island better conditions for the payment and restructuring of its debt. The corresponding document was published this Monday on the legal information portal of the Russian Government. … Continue reading “Putin Approves New Credit Facilities for the Cuban Debt”

Former Cuban Minister of Economy Alejandro Gil is Being Investigated for Corruption

14ymedio, Havana, 8 March 2024 — The Cuban Government announced a criminal case for corruption against Alejandro Gil Fernández, who until last February 2 was Cuba’s Deputy Prime Minister and Minister of Economy and Planning. According to a brief note published by the official press, on Thursday night, and signed by Miguel Díaz-Canel, Gil is … Continue reading “Former Cuban Minister of Economy Alejandro Gil is Being Investigated for Corruption”

Russia Intensifies Its Interest in Cuba: After Patrushev and Lavrov, Titov Arrives

14ymedio, Madrid, 28 February 2024 — Boris Titov, head of the Russia-Cuba Business Council and one of the Kremlin’s strong men, will return to the Island this Thursday, this time, for a considerable time for an official trip of this type: until March 7, a whole week. This is Moscow’s third high-level visit in ten … Continue reading “Russia Intensifies Its Interest in Cuba: After Patrushev and Lavrov, Titov Arrives”

The Dollar Reaches 300 Pesos in the Cuban Informal Market and Ties With the Euro

14ymedio, Havana, February 10, 2024 — The dollar reached the barrier of 300 Cuban pesos this Saturday and was on par with the euro in the informal currency market, according to the independent media El Toque. The accelerated degradation of the national currency is due to the increase in uncertainty created by the swings of the paquetazo [a … Continue reading “The Dollar Reaches 300 Pesos in the Cuban Informal Market and Ties With the Euro”

The Older Generation Demonstrates Its Ineptitude in Dealing with the Devastating Crisis Cuba is Experiencing

14ymedio, Reinaldo Escobar, February 2, 2023 — The economic measures that were widely dubbed “el paquetazo“* — the package — were unpopular but necessary. Even from a coldly economic perspective, however, they seemed to be too little too late. The recent dismissal of the economics minister, Alejandro Gil, indicates that the decision to postpone increases … Continue reading “The Older Generation Demonstrates Its Ineptitude in Dealing with the Devastating Crisis Cuba is Experiencing”

‘The Problem Is Not the Ministers, It Is a Failed Model’ Summarizes a Cuban Economist

14ymedio, Havana, 3 February 2024 — The discreet headline about the dismissal of three Cuban ministers that remained on the front page of Granma since yesterday has been overshadowed, this Saturday, by a triumphant photo of Prime Minister Manuel Marrero and the announcement of a “complex meteorological situation for Sunday and Monday.” But while the official … Continue reading “‘The Problem Is Not the Ministers, It Is a Failed Model’ Summarizes a Cuban Economist”

Cuban Government Gives Way and Modifies License for Private Carriers

14ymedio, Havana, 10 November 2019 — A little more than a year has been enough for the authorities to have back down on several measures adopted at the end of 2018 that restricted the work of private carriers in the Cuban capital, a sector that responded to these limitations with complaints and several strikes. After … Continue reading “Cuban Government Gives Way and Modifies License for Private Carriers”

The True Path is Not to Weaken the Oppressor but to Strengthen the Oppressed

14ymedio, Ariel Hidalgo, Miami, 21 December 2018 — The tug-of-war between a government leadership accustomed to impose its will like an absolute monarch and the sectors of the citizenship that are beginning to energetically claim their rights through peaceful resistance as actors of an emerging civil society, has come to the fore in recent months, especially in … Continue reading “The True Path is Not to Weaken the Oppressor but to Strengthen the Oppressed”

Cuban Government Yields to Pressures from Self-Employed and Keeps the Right to Hold Multiple Licenses

14ymedio, Havana, 6 December 2018 — The Cuban government has yielded to the pressures and unrest that have been incubating in Cuban streets for weeks, since new measures were announced to impose new controls over the private sector. In an unusual gesture, the authorities have softened some aspects of the rules that regulate self-employment after a barrage … Continue reading “Cuban Government Yields to Pressures from Self-Employed and Keeps the Right to Hold Multiple Licenses”