As a former Central Bank economist, Pavel Vidal sits in the catbird seat when it comes to the Central Bank’s order that state banks stop accepting cash U.S. dollars as of June 21
Arguing that U.S. sanctions make it increasingly difficult to unload cash dollars in third countries, Cuba's Central Bank ordered all banks to stop accepting U.S. currency in cash.
CUBA STANDARD — A group of creditors organized in the Paris Club said they agreed to grant Cuba…
The €3 million program includes the University of Havana, Charité Berlin, Martin-Luther-Universität Halle-Wittenberg, and Universidad Autónoma de México (UNAM).
CUBA STANDARD — In a long-awaited move, the Council of Ministers gave the go-ahead to create a new…
Foreign minister suggests biotech cooperation
Conditioning normalization on Cuba cutting ties with Venezuela is a problem - unless there is a negotiated settlement in Caracas. Which is increasingly likely.
CUBA STANDARD — Citing the coronavirus crisis, Cuba has asked its Paris Club creditors to be allowed to…
In recent weeks, more than a dozen countries — including two in Europe — have requested and received…
Potentially boosting Internet access from home and opening new business opportunities, Cuba lets private individuals and small business owners establish limited WiFi networks.
Russian companies want to provide cybersecurity and e-commerce services; Google inching closer to undersea cable
In street-level exchanges, despite a surtax on dollar sales, the U.S. dollar rose immediately against the convertible peso (CUC) — which will be replaced by the Cuban peso (CUP) — closing in on a 1:1 rate
20% more visitors arrived in Cuba this year, but numbers for September, November and December are down
What happens to the shares of a Cuban joint venture company when the foreign party is taken over by another company or wants to sell its stake to a third party?
In the tourism sector, reversing the U.S. opening to Cuba would be counter to U.S. interests, argue Richard Feinberg and Richard Newfarmer