Trump administration bans charter flights to provincial destinations
Source : Johannes Werner Fri Jan 10, 07:10 pm ESTFollowing the prohibition of all scheduled flights by U.S. airlines to Cuba except to Havana, the United States suspends all charter flights to Cuban destinations other than Havana and limits the number of charters to the capital. Previous Top Stories
Economy
UAE fund contributes $20m for solar park
Cuba will use the funds to install a 8.5-megawatt photovoltaic park in Isla de la Juventud
India lends $75m for solar projects
2019 in review: The good and mostly bad for the Cuban economy
Regional bank talking about project funding in Havana
Reuters: Cuban tourism sector braces for further drop in U.S. visitors
Argus Media: Cuba tightens LPG rationing as sanctions bite
AULA Blog: Cuba: Facing a tough new year
Reuters: Hard currency elusive in Cuba as monetary reform looms
Companies
Angolan state oil company may drill in Cuba
In what looks like an early Christmas gift to energy-insecure Cuba, Sonangol signed an agreement Dec. 22 that is likely to lead to exploratory drilling in onshore Block 9
U.S. fines German, Swiss insurance companies
Cuba opens new channel for Chinese tourism
Mariel lands project No. 50: An Italian dairy product manufacturer
Daily Mirror: TUI launches Cuba link
Reuters: Amazon sued for marketing Cuban charcoal produced on land seized in 1960
Reuters: Cuban American files Title III suit against American Airlines, LatAm Airlines
CNBC: Carnival CEO: Cuba travel ban cost us 4 to 6 cents/share in guidance
Politics
Miami judge dismisses two Title III cruise suits
The ruling reduces the likelihood of success for another set of suits against cruise companies. Meanwhile, plaintiffs slimmed down a Title III suit over hotels in Cuba.
Q&A: For U.S. business interests in Cuba, the worst is yet to come
China: Not an unconditional partner
Analysis: Who is who in the new power structure?
Travel Pulse: Cuba-related lawsuits against cruise lines thrown out
Reuters: U.S. slaps sanctions on Cuba defense minister over support of Venezuela's Maduro
Reuters: Cuba names prime minister to lighten presidential load
AFP: Cuba to reform at its own pace, despite U.S. sanctions, minister says
BLOG TICKER
Cuba Central: The false spectre of a ‘hidden’ Zika crisis in Cuba
Generation Y: Of conveniences and geographies
Havana Times: The American dream moves further away from Cuban emigres
Progreso Weekly: Command economies do not promote development
The Internet in Cuba: Havana can have 5G before Miami
Data & Maps
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Less dependency on goods exports — in part due to a collapse of production
Cuba is no longer a country whose economy depends solely on the export of goods. This is not necessarily good news, however, because this change happened not only due to a diversification of sources of income — which has indeed been implemented — but because it is also the result of a collapse in the production of exportable goods.
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A first for Havana: The Jan. 27 tornado and its destruction
According to the construction ministry, 3,780 dwellings were affected; of those, 372 are completely destroyed, 518 are partially destroyed. More than 500 roofs were lost and more than 1,800 damaged.
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Cuba’s crude oil and natural gas output has practically been stagnating since 2003.
In fact, production of oil fields in the old Havana province (now Mayabeque province), including those of Guanabo, Boca de Jaruco, Santa Cruz and Puerto Escondido, decreased by one-third (-32.1%) over the past 10 years, from a record 1.87 million tons of oil, or 32,350 b/d*.
Meanwhile, yields in Matanzas province helped offset the decline in Havana/Mayabeque. Oil output at the Seboruco, Varadero-Cárdenas, Cantel and Majaguillar fields grew by one-third (34.4%) in the same period, to a record 1.54 million tons or 26,670 b/d in 2015.
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CSETI
Cuba Standard Economic Reports 1
Cuba Standard Economic Reports 2
