Ministry orders successful co-op to shut down
Source : Johannes Werner Fri Aug 04, 09:54 pm ESTIn a move that will likely have a negative impact on Cuba's ambitious plans for the cooperative sector, the finance ministry ordered the shutdown of Scenius, one of the fastest-growing new cooperatives in Cuba.
Screenshot of the coop's website
Previous Top Stories
Economy
Midway 2017, minister says Cuban economy evolves according to plan
The soothing news — amid a tight cash flow, uncertainty about the United States and Venezuela, and an enigmatic political transition ahead early next year — is tempered by increasing secrecy in Cuba's handling of economic data.
A week after Trump announcement, Cuban official reiterates slow-growth expectation
Canadian trade credit agency reaches milestone in Cuba
Saudi Arabia grants new $26.6m loan
AP: Cuba grapples with professionals and their economic future
Reuters: Cuban trade with Venezuela plunges over two years
PBS: Changing tides of U.S. policy may sink Cuban tourism hopes
Reuters: Cuba puts brakes on private sector expansion
Companies
Another U.S. airline cuts provincial destinations
Following similar cutbacks by American Airlines and JetBlue Airways, Southwest Airlines announced it will stop flying to two provincial destinations, to "concentrate its future service to Cuba in Havana".
European budget carrier enters Cuban market
U.S. booking engine offers Cuba services
Spanish investors pursue big golf plans in Cuba
Tampa Bay Times: Carnival adds five more Cuba cruises from Tampa
Reuters: U.S. tour operators band together to gird for Trump travel crackdown
Caribbean360: Cuba on itinerary of another Norwegian cruise ship
Travel Pulse: Cuba travel market stays strong amid uncertainties
Politics
Analysis: A short leash for small business
President Raúl Castro came out against further expansion of the private sector, warning that a body of new regulations will soon be implemented, seeking to put an end to what he called distortions and anomalies
Trump administration has begun crafting sanctions
Analysis: Lula will be back
Analysis: Does the Cuban military really control 60% of the economy?
AP: U.S. expels two Cuban diplomats after incidents in Cuba
ABC 10: Houston port authority signs deal with Cuba
Reuters: Cuban top negotiator named to new post
Miami Herald: New White House communications director has traveled to Cuba to scout investment opportunities
BLOG TICKER
Cuba Central: On Russia and a retirement
Cuba Trade magazine: Analyst Richard Feinberg on cruising in Cuba
Generation Y: When the abuser is the government
Havana Times: Advertising, consumption and standardization in Cuba
Progreso Weekly: Hoarding and other scenes from reality
The Internet in Cuba: Trying to predict Díaz-Canel's Internet policy
Data & Maps
-
Cuba's water crisis: It's not all due to climate change
Cuba has one of the largest water reservoir systems in the Hemisphere, per capita and territory. Conceived for a planned economy that no longer exists, Cuba’s current water reservoirs largely exceed the needs of the country. Ironically, there is a chronic water deficit for consumers and in almost every economic sector.
Read more
-
Cuba expands North-Central port
Cuban authorities are investing close to $40 million in Nuevitas, making it the second-largest port on Cuba's northern coast. The expanded port, known as Puerto Angola, will include two cargo and a cruise ship pier. The cargo facilites will have a capacity of 750,000 tons per year, and renovated warehouses will be offering storage space for 75,000 tons.
Read more
-
Cuba's big demographic challenge: The dependency ratio
As the number of working-age people drops, senior citizens steadily rise, and women hesitate to give birth, the ratio of working-age people compared to the overall population ranks amongst the lowest in the world.
Read more
CSETI
Cuba Standard Economic Reports 1
Cuba Standard Economic Reports 2
