Inflation Forces the Central Bank of Cuba to Raise the Limit per Traveler to 5,000 Pesos

14ymedio, Madrid, 14 April 2022 — When arriving or leaving Cuban airports, travelers will be able to have 5,000 pesos in their pockets instead of the 2,000 authorized until now. Inflation has forced the Government to increase the limit in order to charge much higher customs taxes to those who bring merchandise. The new norm … Continue reading “Inflation Forces the Central Bank of Cuba to Raise the Limit per Traveler to 5,000 Pesos”

Raul Castro’s Ex-Son-in-Law Will Supervise the New Pricing Policy in Cuban Pesos

14ymedio, Madrid, 13 April 2022 — Stores in Cuba that take payment in the national currency — Cuban pesos — will be able to set the prices of the products they sell according to a resolution of March 30 published in the Official Gazette this Tuesday. Chain store bosses will now have the power to decide the … Continue reading “Raul Castro’s Ex-Son-in-Law Will Supervise the New Pricing Policy in Cuban Pesos”

Another Financial ‘Corralito’ of the Cuban Regime to Seize Deposits in CUC

14ymedio, Elías Amor Bravo, Valencia, 3 April 2022 — In the history of the Cuban communist regime there have been several processes in which the State has appropriated people’s bank deposits and checking accounts. It happens that, with the passage of time, these operations that in Che’s time were simply changing the format of the … Continue reading “Another Financial ‘Corralito’ of the Cuban Regime to Seize Deposits in CUC”

The Cuban Regime Has Deployed a Policy of ‘Extreme Terror’

14ymedio, Havana, 4 April 2022 — The protests in Cuba continue to increase. As documented by the Cuban Conflict Observatory (OCC) in its monthly report, made public this Monday, last March there were a total of 232 public demands, compared to 207 in February. As a result of the demonstrations of July 11 and 12, 2021 … Continue reading “The Cuban Regime Has Deployed a Policy of ‘Extreme Terror’”

The Fábrica de Arte Cubano Opens Its Doors After the Pandemic and the Death of the Convertible Peso

14ymedio, Juan Diego Rodríguez, Havana, 1 April 2022 — With a ticket price of 250 pesos, the Fábrica de Arte Cubano [Cuban Art Factory (FAC)] resumes its cultural presentations this Friday night after being closed for more than two years due to the pandemic. “What is the cheapest rum you will sell?” a young man … Continue reading “The Fábrica de Arte Cubano Opens Its Doors After the Pandemic and the Death of the Convertible Peso”

Central Bank of Cuba Extends Term to Change CUC to Pesos or Foreign Currency

14ymedio, Madrid, 31 March 2022 — The Cuban authorities gave the green light this Wednesday for an extension to settle accounts in CUC (Cuban Convertible Pesos). The Central Bank of Cuba announced in a note through its website and social networks that the deadline to convert deposits in the former convertible peso to another currency … Continue reading “Central Bank of Cuba Extends Term to Change CUC to Pesos or Foreign Currency”

Woman Dies When the Roof of a Soup Kitchen Collapses in Old Havana

14ymedio, Juan Diego Rodríguez, Havana, 10 March 2022 — A woman died due to injuries sustained by the fall of the false ceiling in a soup kitchen in Old Havana last Tuesday. The woman was an employee of the Family Care System (SAF) at the premises on the corner of Monserrate and Lamparilla, and she … Continue reading “Woman Dies When the Roof of a Soup Kitchen Collapses in Old Havana”

Mothers Will be Able to Claim Food for their Children from Fathers Living Outside Cuba

14ymedio, Madrid, 17 February 2022 — For the first time, Cuba’s Family Code provides for something never before contemplated in Cuban legislation despite its urgent need: the possibility of claiming the maintenance obligation from a resident abroad. The previous rule was approved in 1975, but despite undergoing numerous amendments, the aspect that would legally allow … Continue reading “Mothers Will be Able to Claim Food for their Children from Fathers Living Outside Cuba”

Diaz-Canel, a Continuity without Charisma, Historical Weight, or ‘Ashe’

14ymedio, Yunior García Aguilera, Madrid, 16 February 2022 — The Cuban dictatorship laid its foundations on the charisma of Fidel Castro. Beyond what fans or detractors may argue, it is undeniable that the bearded man had qualities for oratory, knew how to channel the frustrations of an era in his favor, and was an unparalleled … Continue reading “Diaz-Canel, a Continuity without Charisma, Historical Weight, or ‘Ashe’”

Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy

14ymedio/EFE, Havana, 8 February 2022 — This Tuesday, Alejandro Gil, Cuba’s Minister of Economy and Planning, defended the opening of stores that operate exclusively in hard foreign currency, arguing that, without them “the country’s economic situation would be even more complex”. Gil told the Cuban News Agency (ACN) that “although many do not see it … Continue reading “Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy”

‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy

14ymedio, Madrid, 11 February 2022 — Aware of the annoyance generated by the expansion of stores that take payment only in MLC (freely convertible currency), on Thursday Alejandro Gil, Minister of Economy and Planning, wanted to delve into the defense he made of the stores last Tuesday in an interview with the Cuban News Agency … Continue reading “‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy”

Do Hard Currency Stores in Cuba Have any Justification?

14ymedio, Elías Amor Bravo, Economist, 9 February 2022 — There are times when it is better to remain silent. The Cuban economy minister, Gil, has said on Cubadebate that “without the stores in MLC [hard currency], the economic situation in Cuba would be even more complex.” But he knows that this is not true and that, at … Continue reading “Do Hard Currency Stores in Cuba Have any Justification?”

Cuban Honey, Sweet for Export and Bitter for Nationals

14ymedio, Mercedes García, Sancti Spíritus, 3 February 2022 — A teddy bear with a smiley face peeks out of a dollar store shelf in Havana. Inside the container rests honey that began its journey in the Cuban fields. The product that the authorities proudly displays hardly appears in the markets that take payment in pesos. … Continue reading “Cuban Honey, Sweet for Export and Bitter for Nationals”

Taxi Drivers and Customers Confronted by Inflation in Cuba

14ymedio, Juan Diego Rodríguez, Havana, 5 February 2022 — Most of the taxis that pass this Thursday through San Lázaro Avenue, in Havana, continue without stopping. A line of pedestrians waits with their arms raised at the edge of the sidewalk, unsuccessfully: the vehicles are unoccupied, but they don’t stop. “Before I used to wait … Continue reading “Taxi Drivers and Customers Confronted by Inflation in Cuba”

Graffiti, Demonstrations, and Even Masses: Forms of Protest during the Month of January in Cuba

14ymedio, Havana, 1 February 2022 — Growing repression in Cuba has not prevented anti-government demonstrations. According to the latest report from the Cuban Conflict Observatory (OCC), a total of 275 protests occurred in January, the majority (175 or 65%) of which were politically motivated, and among them, 160 had to do with prisoners detained as … Continue reading “Graffiti, Demonstrations, and Even Masses: Forms of Protest during the Month of January in Cuba”