Trump administration designates Cuba as ‘non-cooperative’ against terror
Source : Johannes Werner Wed May 13, 04:24 pm ESTRather than triggering specific changes in Cuba's economic and financial interactions with the world, the new status instills fear in its business partners and worsens the overall business atmosphere for the island.
Secretary of State Mike Pompeo during a press briefing May 12
Previous Top Stories
Economy
Algeria ratifies $65m medical services program
Providing a rare glimpse of details, the Algerian government published the agreement
AFP report: Cuba asks Paris Club for debt service delay through 2022
Tourism: Preparing for a post-virus re-opening
Official: Luxembourg pays for Cuban medical services in Africa
Reuters: Cuba credits two drugs with slashing coronavirus death toll
Argus: PdVSA restarts coker for exports via Cuba
AP: Cuba highlights campaign against hoarders during pandemic
AFP: Cuba asks for delay in Paris Club debt repayment until 2022, diplomats say
Companies
Sonangol inches closer to funding drilling in Cuba
Amid record-low oil prices, the Angolan state oil company may fund drilling of two exploratory wells in an untested onshore field late this year
China accelerates biotech park project
Sherritt to cut costs by $90m this year; Cuba late with payments again
U.S. sanctions shut down independent online store in Cuba
Prensa Latina: First bioelectric plant in Cuba works with stability
Decrypt: Cuba now has its own Bitcoin exchange, despite restrictions
AP: Cuba opens annual trade fair for key cigar sector
Apple Insider: In Cuba, Apple's presence is at the margins
Politics
Helms-Burton lawsuits churn on, amid pandemic
Some judges in the cases, mostly against U.S. companies, opted to render decisions from home
World Bank picks Cuban American as chief economist
Analysis: Government begins to discuss re-opening
U.S. fines subsidiary of Austrian animal feed company
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
-
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.
Read more
-
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.
Read more
-
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.
Read more
CSETI
Cuba Standard Economic Reports 1
Cuba Standard Economic Reports 2
