British joint venture to bring Cuban biotech to European market
Source : Johannes Werner Tue Aug 04, 08:28 pm ESTIn a sign that the pandemic offers global opportunities for Cuban biotech, state holding BioCubaFarma formed a joint venture with a British company intent on opening markets for Cuban COVID-19 and other products.
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Economy
Analysis: Economic announcements hint at 'comprehensive approach'
The recently announced package of measures is a first intent of a comprehensive approach without improvisation
Cuba encourages private businesses to export, engage with foreign investors
First official data shows impact of virus on tourism
Algeria ratifies $65m medical services program
Reuters: Cuba loosens straitjacket on private sector to stimulate economy
Reuters: Cubans celebrate no local transmission of COVID-19 for first time in four months
Reuters: Paris Club offers Cuba one-year moratorium on debt
Reuters: Cuba starts easing lockdown, but shortages hamper businesses
Companies
Eusebio Leal Spengler, 1942-2020
Leal conceived and built the highly profitable state enterprise that made Old Havana Cuba's No. 1 tourism destination
Trump administration tells Marriott to leave Cuba
Sonangol inches closer to funding drilling in Cuba
China accelerates biotech park project
Asian operator adds two hotels in Cuba to its portfolio
Reuters: Trump administration orders Marriott to cease Cuba operations
Prensa Latina: First bioelectric plant in Cuba works with stability
Decrypt: Cuba now has its own Bitcoin exchange, despite restrictions
Politics
Miami judge lets cruise line off the Helms-Burton hook
In a decision that could trigger favorable rulings for other cruise lines, a federal judge ruled in favor of defendant Carnival Corp.
U.S. nominates Cuba hardliner to head hemispheric development bank
Helms-Burton lawsuits churn on, amid pandemic
World Bank picks Cuban American as chief economist
Reuters: U.S. caps Cuba charter flights
The Nation: Cuba has sent 2,000 doctors abroad to fight COVID-19
Reuters: Cuba doubles down on testing, as Coronavirus cases decline
Lawfare: The first year of Helms-Burton lawsuits
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
