Search results for: Pedro Monreal

14ymedio, Madrid, 10 June 2024 — The echo of Miguel Díaz-Canel’s scolding this Friday in Majibacoa still resonates throughout the Island: “Here there is enough land to produce for the entire municipality, to give food to all of Las Tunas. Now, you have to work.” A few hours after that diatribe, which has become common … Continue reading “Díaz-Canel Urges Cubans To Produce Their Own Food To Curb Imports”

The percentage of state investments in innovation fell from 1.14% in 2011 to 0.55% in 2023 14ymedio, Madrid, June 10, 2024 — The latest voluntary illusion that the Cuban Government seems to cling to in recent weeks is science, technology and innovation. The minister of the sector, Eduardo Martínez Díaz, a few days ago in … Continue reading “Instead of Investments, the Cuban Government Offers Words for the Development of Science”

14ymedio, Madrid, April 8, 2024 — ‘Bancarización’* — banking reform — is stagnating in Cuba despite the many hours spent promoting it in the official media. Last year, 30% of banking operations were carried out in cash, despite the fact that only 77% of the 800 ATMs on the Island dispense it, according to data … Continue reading “‘Bancarizacion’ – Banking Reform – Has Not Reached the Level Desired by the Cuban Regime”

The Russian oil improves the allocation of diesel by province, but “only satisfies about 50% of demand” 14ymedio, Madrid, 8 April 2024 — The arrival of the NS Concord on March 29 in Matanzas with 90,000 tons of Russian oil – 697,000 barrels – has given Cuba a break, but it is never enough. “The … Continue reading “Russian Oil Gives Oxygen to the Cuban Regime for ‘Speeding Up’ Food Distribution”

14ymedio, Havana, 28 February 2024 After being postponed due to an alleged cyber attack on the state financial company Cimex, two days before the dismissal of the Minister of Economy, Alejandro Gil Fernández, the new fuel prices, public transport and electricity rates will go into effect on March 1. Havana residents were trying to refuel … Continue reading “Gas Stations Closed and Others With Long Lines Before the New Prices of March 1”

14ymedio, Havana, 25 February 2024 — Once again, there is no bread in Cuba due to a lack of flour. The “complex situation,” as defined by the official press, will last until the end of March, according to Emerio González Lorenzo, president of the Food Industry Business Group. Although the state media say that the … Continue reading “Cubans and Tourists Are Without Bread Until the End of March, Despite a Donation of Russian Wheat”

14ymedio, Madrid, February 7, 2024 — A few hours before the start of State TV’s Round Table program, where the Minister of Tourism, Juan Carlos García Granda, was scheduled to attend, the Cuban economist Pedro Monreal asked a very direct question on the social platform X. “Could the Minister of Tourism report the rates of … Continue reading “The Cuban Government Defends Waste in Tourism Even if It Doesn’t Benefit Other Sectors”

14ymedio, Havana, 6 February 2024 — The regime’s concern about the current crisis has led the official newspaper of the Communist Party of Cuba to once again publish the Economy section, which will appear in Granma on a weekly basis. Its first article, signed by Joel Ernesto Marill Domenech, author of several texts with proposals … Continue reading “While the Euro Reaches 300 Cuban Pesos, the Government Keeps Going in the Same Direction”

14ymedio, Madrid, 30 January 2024 — Economic reforms are coming together for the Cuban Government, which is expected to announce changes in the foreign exchange market this February. In the first Council of Ministers session held this year, the Minister of Economy, Alejandro Gil, set an immediate date on a priority issue for the country, … Continue reading “As the Dollar Approaches 300 Pesos, the Cuban Government Talks About ‘Intervening’ in the Informal Market”