Imperial Brands cigar sale to be completed by end of this month
Source : Johannes Werner Sun Oct 25, 02:53 pm ESTMeanwhile, the Chinese buyer of Imperial's premium cigar assets — including a 50% stake in the Habanos S.A. joint venture — remains shrouded in mystery. Previous Top Stories
Economy
Analysis: If Biden wins
Conditioning normalization on Cuba cutting ties with Venezuela is a problem - unless there is a negotiated settlement in Caracas. Which is increasingly likely.
Analysis: Second outbreak, coleros, dollarization, and rare chicken and pork
Authorities extend second lockdown in Havana
Analysis: Economic announcements hint at ‘comprehensive approach’
Bloomberg News: Paris Club debt relief agreement imminent
Reuters: Cuba urges calm as overhaul of monetary system looms
Reuters: Cuban opens most of country to tourism as it enters new normality
Reuters: Cuba lifts Havana lockdown
Companies
Australian mining startup forms copper joint venture
Caribe Metals Corp. is the first foreign mining investor in the Sierra Maestra region in many years
Cuba travel veteran resigns
Eusebio Leal Spengler: It wasn’t easy
Trump administration tells Marriott to leave Cuba
CBS 4: American Airlines to resume scheduled service Miami-Havana Nov. 4
Globe and Mail: Sherritt CEO pins future on demand for nickel for electric-car batteries
Reuters: Cuba's entrepreneurs reinvent to survive pandemic
Asian operator adds two hotels in Cuba to its portfolio
Politics
Trump administration blocks another remittance channel
The blacklisting of AIS makes sending money to Cuba even more difficult and tenuous
Trump adds more travel restrictions
Miami judge lets cruise line off the Helms-Burton hook
U.S. nominates Cuba hardliner to head hemispheric development bank
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
AFP: Panama takes back request for Cuban emergency medical aid
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
