Let’s imagine for a moment that there were three parties in Cuba, named the Renewed Socialism Party, the Cuban Revolutionary Party and the Fidelista Party. Let’s imagine that the three of them went to elections and governed according to popular vote, with platforms dedicated to the construction of a socialism Read more
It seems obvious that you can’t look ahead without noticing where you are, and what is around you. In the Cuban case, this exploration is equivalent, as Rubén Matínez Villena would say, to an “exercise of brave discipline” to overcome the avalanche of perorations, opinions and counter-opinions that saturate the Read more
Cubans can confess ignorance in epidemiology or meteorology, but not about Cuba-United States relations. Perhaps nothing brings them so together on the same side―including those who don’t agree with the system―as that historical tension between a North that has sought to prevail at all costs, and a country determined not Read more
The Central Bank of Cuba (BCC) issued a resolution that allows the island’s non-residents to open bank accounts in U.S. dollars, to buy in stores created by the government since last October that sell products in this currency. Sources from the legal section of the BCC explained to OnCuba by Read more
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to further implement President Trump’s June 2017 National Security Presidential Memorandum (NSPM) Strengthening the Policy of the United States Towards Cuba. The changes amend certain authorizations related to the Read more
WASHINGTON — The Trump administration toughened sanctions against Cuba on Friday by reducing the amount of money that Cuban-Americans can send to family members on the island. Changes announced by the Treasury Department will limit remittances to $1,000 per person per quarter when they take effect on Oct. 9. The Read more
The Cuban government surprised by decreeing a significant increase in wages for half of the workers in the state sector. Anticipating the inflationary effects of such a decision, it also decreed the setting of ceiling prices, including markets that were supposed to operate under the logic of supply and demand. Read more
“We must develop an export vocation in all entities. We need to substitute imports, because the less we spend, the more money to re-circulate within our own productive processes,” said Miguel Diaz-Canel, President of Cuba’s Councils of State and Ministers, during a discussion with deputies on the National Assembly’s Public Read more
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