Search results for: Elias Amor Bravo

Due to Lack of Resources, Only 23 Sugar Mills Will Process Cane in Cuba in the Next Harvest

14ymedio, Havana, 2 September 2022 — The Cuban authorities have set themselves the goal for the next harvest at even fewer tons than were achieved in the previous one, which was the worst in the history of the Island. It’s true they have called it small, but it’s difficult to understand why they call it … Continue reading “Due to Lack of Resources, Only 23 Sugar Mills Will Process Cane in Cuba in the Next Harvest”

Cuba Has Approved 62 Businesses for the Mariel Special Development Zone

EFE/14ymedio, Havana, 11 July 2022 — Cuban state media reported on Sunday that the Mariel Special Development Zone (ZEDM), the government’s flagship project intended to attract foreign capital, currently has 62 approved businesses with more than three billion dollars in committed investments, a bit more than it was expected to attract annually. The figures were … Continue reading “Cuba Has Approved 62 Businesses for the Mariel Special Development Zone”

Cuban Government’s Triumphant Data on Tourism Covers Up a Dire Reality

14ymedio, Havana, 20 June 2022 — As of the month of May, the Cuban government has obtained just over 261 million dollars from tourism, of the 1,159 million that it aspires to collect in this sector throughout the year, according to the triumphant estimate of disastrous data that it offered last Friday. At the beginning … Continue reading “Cuban Government’s Triumphant Data on Tourism Covers Up a Dire Reality”

Central Bank of Cuba Prolongs the Death Throes of the Cuban Convertible Peso (CUC) for 90 Days

14ymedio, Madrid, 3 June 2022 — The umpteenth extension to change Cuban Convertible Pesos (CUCs) that are still in the hands of Cubans begins this Friday. The authorities have established a new term of 90 days to get rid of the currency, although the incentives are few, since the exchange rate of 24 pesos per … Continue reading “Central Bank of Cuba Prolongs the Death Throes of the Cuban Convertible Peso (CUC) for 90 Days”

Cuban Pork Production Fell by More than 50 Percent in 2021, Confirming the Failure of the 63 Measures

14ymedio, Madrid, 10 May 2022 — Pork production in Cuba fell by 53.5% in 2021 compared to the previous year, to just 132.9 tons. The collapse is not a surprise, but the publication this Monday of the food production data for the previous year has left a trail of bad news for the Government, since … Continue reading “Cuban Pork Production Fell by More than 50 Percent in 2021, Confirming the Failure of the 63 Measures”

Cuban Government’s Unpaid Bills Causing Low Milk Production, Admits Official Press

14ymedio, Havana, October 26, 2021 — By September, dairy farmers in Villa Clara had delivered only 53% of the milk the Cuban government had been expecting, a total of approximately twenty-one million liters compared to the thirty-nine which contracts had stipulated. The shortfall was reported on Tuesday by the state-run newspaper Granma in an article entitled … Continue reading “Cuban Government’s Unpaid Bills Causing Low Milk Production, Admits Official Press”

Cuban Government Will Regulate Foreign Exchange in Bank Accounts of State Companies and Private Sector

14ymedio, Havana, 20 May 2021 — The Cuban Government is limiting the use of accounts in freely convertible currency (MLC) of state companies and self-employed persons authorized to sell in dollars, following the approval this Wednesday of Resolution 157/2021 of the Central Bank of Cuba (BCC). The legal rule, which will come into effect on June 3, stipulates … Continue reading “Cuban Government Will Regulate Foreign Exchange in Bank Accounts of State Companies and Private Sector”

Retail Sales of Beef to Begin after State Orders Are Filled

14ymedio, Havana, April 14, 2021 – Cuban authorities will allow retail sales of beef once the state’s orders have been filled and the livestock supply is stable, a measure similar to one governing milk and its byproducts, whose retail sale is conditional on certain indicators being met. Both changes are part of a package of … Continue reading “Retail Sales of Beef to Begin after State Orders Are Filled”

Did the Cuban Economy Grow 2.2% in 2018?

14ymedio, Marcelo Hernandez, Havana, July 15, 2019 — Many economists have been seized by incredulity at the official announcement that Cuba’s Gross Domestic Product recorded an increase of 2.2% in 2018, almost double the 1.2% published last December by the same authorities. In his speech last Saturday before Parliament, president Miguel Díaz-Canel took a surprising … Continue reading “Did the Cuban Economy Grow 2.2% in 2018?”

The United Nations Human Rights Council and its Great Challenge With Cuba / Angel Santiesteban

Tomorrow, May 1, the United Nations Human Rights Council will meet in Geneva, where Cuba will present a report with notes on its prison policy. “Dressing up” for the occasion, for the first time in nine years the Castro regime opened its jails to the national and international press accredited in Cuba. It is public … Continue reading “The United Nations Human Rights Council and its Great Challenge With Cuba / Angel Santiesteban”