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Cuban Opposition Will Have Candidates in November’s Municipal Elections

14ymedio, Havana, 26 October 2022 — The D Frente platform, which brings together personalities and groups from the Cuban opposition, published a Citizen Letter on Facebook this Wednesday with proposals to “exercise sovereignty” in the municipal assembly elections on November 27. These postulates have been taken as a program by a group of citizens backed by the Council for the … Continue reading “Cuban Opposition Will Have Candidates in November’s Municipal Elections”

Exchange Market Analysis and State Intervention (II)

14ymedio, Elías Amor Bravo, Economist, 17 October 2022 — When Cuban Minister of Economy and Planning Gil decided, unilaterally, two months ago, to create an exchange rate of 1×120 for the dollar relative to the peso in an attempt to counteract the trend in the informal market, it was soon observed that the limits imposed … Continue reading “Exchange Market Analysis and State Intervention (II)”

Havana’s Fanciest Dessert Shop Charges 200 Pesos to the Dollar

14ymedio, Juan Diego Rodriguez, Havana, 12 October 2022 — Exclusive, expensive and accessible only to those with the patience to wait in line, El Biky is immune to crisis. Located at 24 Infanta Street, between San Lazaro and Concordia, the Havana bakery El Biky is part of a larger dining operation that includes a cafe, … Continue reading “Havana’s Fanciest Dessert Shop Charges 200 Pesos to the Dollar”

Cuba: During a Blackout, Residents of Santa Cruz del Sur Boo the ‘Full Bellies Up There’

14ymedio, Havana, October 10, 2022–Antonio Guiteras, a 280 megawatt power plant, could not contribute to the National Electric System (SEN) on Sunday as planned, nor will it be able to do so on Monday. Yesterday, the deficit reached 1.412 MW at the national level during peak hours at 11pm and people went out to the … Continue reading “Cuba: During a Blackout, Residents of Santa Cruz del Sur Boo the ‘Full Bellies Up There’”

One of the July 11th (11J) ‘Plantadas’ in Cuba is Hospitalized and ‘Very Weak’

14ymedio, Havana, September 30, 2022 — On Monday, political prisoner Lizandra Góngora Espinosa, sentenced to 14 years in prison for her participation in the protests of July 11, 2021, was transferred to the hospital at El Guatao women’s prison, in the municipality of La Lisa, Havana, a week after declaring a hunger strike. Ángel Delgado, … Continue reading “One of the July 11th (11J) ‘Plantadas’ in Cuba is Hospitalized and ‘Very Weak’”

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”

In Plaza Carlos III, an Identity Card is Required to Buy a Quarter of Fried Chicken

14ymedio, Juan Diego Rodríguez, Havana, 14 September 2022 — Forty people and forty identity cards, not one more. The crisis in the markets has made the leap to state cafeterias, and even in the cafeteria of the popular Plaza Carlos III, in Central Havana, it’s already impossible to sit normally and eat a quarter of … Continue reading “In Plaza Carlos III, an Identity Card is Required to Buy a Quarter of Fried Chicken”

Cuatro Caminos, the Market Where Cuba’s Different Social Classes Come Together

14ymedio, Juan Diego Rodríguez, Havana, 16 September 2022 — The fruit and vegetable market at the Plaza de Cuatro Caminos, the largest in the capital, looked bleak this Friday. Old manioc and green plantains were the only things that were being sold in the stands, among empty pallets and counters. “That manioc is so ugly … Continue reading “Cuatro Caminos, the Market Where Cuba’s Different Social Classes Come Together”

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’”

Cubans Wait All Night at the Currency Exchange to Buy Dollars, Which Now Cost 150 pesos in the Informal Market

14ymedio, Juan Diego Rodríguez and Juan Izquierdo, Havana, September 5, 2022 — The night begins to cool off over Santa Clara and, after having a bite to eat, the coleros [people standing in line for others, for pay] cross Vidal Park on their way to the currency exchange (Cadeca). The custom is new but the … Continue reading “Cubans Wait All Night at the Currency Exchange to Buy Dollars, Which Now Cost 150 pesos in the Informal Market”

Cuba’s Enemy is in the Plaza of the Revolution

14ymedio, Yunior García Aguilera, Madrid, 31 August 2022 — If we take into consideration that the security of any country is based on the notion of stability, peace, development, as well as in the strategies to achieve these objectives, there is no doubt that the authoritarian powers on the Island constitute the main threat to … Continue reading “Cuba’s Enemy is in the Plaza of the Revolution”

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”

In Nuevitas, Cuba, ‘The Little Roosters Dress in All Black and Walk the Streets to Instill Fear’

14ymedio, Havana, 25 August 2022 — Dozens of neighbors went out to the street on Wednesday night to the Humberto Álvarez people’s council in Matanzas. “There were a lot of people and the police could not do anything,” stated a resident of the settlement near the old Dos Rosas sugar mill, between Santa Marta and … Continue reading “In Nuevitas, Cuba, ‘The Little Roosters Dress in All Black and Walk the Streets to Instill Fear’”

Cuba: They’ve Militarized Nuevitas and Cut Off Internet Access to Prevent New Protests

14ymedio, Havana, 21 August 2022 — Nuevitas, Camagüey spent the day on Saturday under a heavy police operation, with restricted access to the internet and the streets patrolled by police and the military. Protests against the long power outages occurred on two consecutive days last week in that city. Justicia 11J reported the “violent” arrest … Continue reading “Cuba: They’ve Militarized Nuevitas and Cut Off Internet Access to Prevent New Protests”

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?”