Confusion and Annoyance in Cuba Over the Registration of Generators to Buy Gasoline

14ymedio, Juan Diego Rodríguez, Havana, 8 November 2022 — Barely two or three people in line filled their generators this Tuesday at the service center on Libertadores de Holguín Avenue. A day before, there were more than thirty customers, and their photos spread like wildfire on independent networks and media. At the back of the … Continue reading “Confusion and Annoyance in Cuba Over the Registration of Generators to Buy Gasoline”

When the Rebellion of the Cuban Barbers Failed, David Left by the ‘Route of the Volcanos’

14ymedio, Alejandro Mena Ortiz, Miami, 30 October 2022 — David left his dream of being a dentist to open a barbershop in Havana in 2016, one of the best years in Cuban’s recent history, with the visit of Barack Obama, tourism reaching the sky and hopes for more lively changes than ever. Six years later, … Continue reading “When the Rebellion of the Cuban Barbers Failed, David Left by the ‘Route of the Volcanos’”

Economy Minister Alejandro Gil is the ‘Most Hated’ Person in Cuba, Along with Diaz-Canel, Says His Sister

14ymedio, Havana, 29 October 2022 — On Wednesday, Former Cuban Television presenter María Victoria “Vicky” Gil Fernández, resident of Tenerife, gave an extensive and controversial interview on the YouTube channel “The World of Darwin,” in which she offered biographical details about her brother, Alejandro Gil, the Minister of Economy of Cuba, and her former colleague, … Continue reading “Economy Minister Alejandro Gil is the ‘Most Hated’ Person in Cuba, Along with Diaz-Canel, Says His Sister”

‘Four Years Have Passed and the Cuban Government Still Hasn’t Paid Us for the Hogs it Bought’

14ymedio, Yankiel Gutiérrez Faife, Camajuaní, 28 October 2022 — The cart towed by an old Soviet tractor left the rural area of Camajuaní in Villa Clara province headed to Remedios. It was loaded with seven pigs whose owners, five farmers who rented the transportation, had made the decision to sell to the state. With the … Continue reading “‘Four Years Have Passed and the Cuban Government Still Hasn’t Paid Us for the Hogs it Bought’”

‘They Have Chosen to Support Repression. We Denounce It.’

14ymedio, Havana, 10 October 2022 — Members of the independent Cuban intellectual and artistic community have signed a manifesto in which they accuse the Cuban Government of “lack of political will” to manage the “accumulated needs of the population” and “their human desire for freedom.” The letter “From Cuban artists and intellectuals to Cuban citizens … Continue reading “‘They Have Chosen to Support Repression. We Denounce It.’”

Cuba: It Is the End of the Communist Dictatorship

14ymedio, Elías Amor Bravo, Valencia, Spain, October, 1, 2022 — Reaching the limit and wanting to go further, for the sole vice of maintaining power. At any price. This is the selfish and suicidal lesson the communist regime wants to teach Cubans, so that tomorrow, the whole world will remember the tragic final venture (which … Continue reading “Cuba: It Is the End of the Communist Dictatorship”

The Dollar Reaches 198 Pesos in the Informal Market, an Historic Record

EFE/14ymedio, Havana, 1 October 2022 — The exchange rate in the informal market in Cuba is about to break the psychological barrier of 200 Cuban pesos (CUP) per dollar, and without expectations that the national currency will stop depreciating, according to economists consulted by EFE. This exchange rate is the highest in the Island’s recent … Continue reading “The Dollar Reaches 198 Pesos in the Informal Market, an Historic Record”

Cuba: The Economic Consequences of Hurricane Ian (Part 2)

14ymedio, Elias Amor Bravo, 29 October 2022 — Now the state press is describing in detail the “desolate panorama that the most violent meteorological phenomenon to hit Vueltabajo in the last 14 years has left in its wake.” That is, they even dare to grant the hurricane this honor by its strength and its devastating … Continue reading “Cuba: The Economic Consequences of Hurricane Ian (Part 2)”

The Investments Made by the Cuban Regime Don’t Activate the Economy

14ymedio, Elías Amor Bravo, Economist, 25 September 2022 — The recent publication of the Cuban National Office of Statistics and Information (ONEI) entitled “Investments, selected indicators” in  the first half of 2022 concludes that investments reached 31,726.2 million pesos, an increase of 41% compared to the same period in 2021, when investments stood at 21,823.2 … Continue reading “The Investments Made by the Cuban Regime Don’t Activate the Economy”

Private Businesses in Cuba ‘Are For Sale With Everything Inside’

14ymedio, Natalia López Moya, Havana, 16 September 2022 — With the doors closed, the interior empty and a “For Sale” sign in the window, a private restaurant on Infanta Street, in Central Havana, is one of the many businesses for sale in Cuba, where the economic crisis and mass exodus have made entrepreneurship an almost … Continue reading “Private Businesses in Cuba ‘Are For Sale With Everything Inside’”

Senora Bejarano and the Internal Control of Socialist State-Run Businesses in Cuba

Elías Amor Bravo, Economist, September 8, 2022–Cuban state-run businesses go from one mess to another. They spend more time receiving orders, executing them and subjected to controls than efficiently producing and generating wealth, which is what they should be dedicating themselves to. And now, as if the demands of the regime were not enough for … Continue reading “Senora Bejarano and the Internal Control of Socialist State-Run Businesses in Cuba”

The Official Foreign Exchange Market: Failure is Already Coming

14ymedio, Elías Amor Bravo, Economist, 27 August 2022 — There is no doubt that the issue of the moment, at least for those of us who are dedicated to the analysis of the Cuban economy, is the official authorization of foreign exchange in a series of establishments and for a fixed amount only for natural … Continue reading “The Official Foreign Exchange Market: Failure is Already Coming”

What’s Going to Happen with Cuban President Diaz-Canel’s Foreign Exchange Market?

14ymedio, Elías Amor Bravo, Economist, 18 August 2022 — It’s difficult to answer this question. With the dollar in the informal market above 130 pesos and rising, Cubans see with concern how access to the currency that allows the purchase of basic necessities and services, which are not accessible in national currency, becomes increasingly complicated. … Continue reading “What’s Going to Happen with Cuban President Diaz-Canel’s Foreign Exchange Market?”

Why Are Cubans Right to Distrust Their Banks?

14ymedio, Elias Amor Bravo, Economist, 14 August 2022 — In the second year of the Ordering Task,* the Cuban communist regime has gone a step further in the line of formal banking procedures for economic transactions with the publication of Resolution 123/2022 of the Central Bank of Cuba, which updates the processes of issuance, use … Continue reading “Why Are Cubans Right to Distrust Their Banks?”

There Was No Show on the First Day of Cuba’s New Exchange Rate Initiative

14ymedio, Elias Amor Bravo, Economist, 6 August 2022 — The regime’s state press was surprised to see that the first day of the new measure of foreign exchange buying by the State “passed calmly and as planned.” What did they think was going to happen? Perhaps they had imagined one of those shows that the … Continue reading “There Was No Show on the First Day of Cuba’s New Exchange Rate Initiative”