Edition:
United Kingdom

Marc Frank

Cuba reshuffles to improve governance, old guard removed from council of state

10 Oct 2019

HAVANA Cuba started implementing a government reshuffle aimed at improving governance on Thursday, naming Miguel Diaz-Canel to the new position of president of the Republic and removing the last of the revolutionary generation from the council of state.

Tougher U.S. sanctions make Cuba ever more difficult for Western firms

10 Oct 2019

HAVANA Tougher U.S. sanctions against Cuba have led international banks to avoid transactions involving the island, while prospective overseas investors put plans on hold and foreign firms operating in the country consider restructuring to lower their risk exposure.

Cuban government imposes price controls as it seeks to keep lid on inflation

15 Aug 2019

HAVANA Communist-run Cuba has imposed price controls on goods and services ranging from lemons and pork to haircuts and taxi fares in what it says is an effort to tame inflation as it increases state wages and pensions.

Beverage giant Diageo to market Cuban rum

13 Aug 2019

HAVANA A European subsidiary of British beverage giant Diageo Plc signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country. | Video

British beverage giant Diageo to market Cuban rum

12 Aug 2019

HAVANA, Aug 12 British beverage giant Diageo Plc signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country.

Cuba, battling economic crisis, imposes sweeping price controls

30 Jul 2019

HAVANA Communist-run Cuba on Tuesday imposed sweeping price controls on all state and private businesses as it battles a deepening economic crisis and mounting U.S. sanctions.

Cuban officials attend funeral service for Cardinal Ortega

28 Jul 2019

HAVANA Cuban government and Communist Party officials attended funeral services for Roman Catholic Cardinal Jaime Ortega on Sunday in a testament to his success in elevating the Church's position on the Caribbean island after the fall of the Soviet Union.

Cuba hopes for slight growth as Trump pummels Caribbean island

14 Jul 2019

HAVANA Communist-run Cuba put on a brave face Saturday at a mid-year session of the National Assembly, the government insisting it would not let a growing financial crisis and mounting pressure from the administration of President Donald Trump thwart development.

Cuba studying cryptocurrency as part of economic crisis measures

03 Jul 2019

HAVANA Cuba's Communist government said on Tuesday it was studying the potential use of cryptocurrency as part of a series of measures to boost its economy amid a deepening crisis exacerbated by U.S. sanctions.

Trump administration ban on cruises to Cuba creates chaos for U.S. travellers

05 Jun 2019

HAVANA The Trump administration banned cruises to Cuba under new restrictions on U.S. travel to the Caribbean island imposed on Tuesday to pressure its Communist government to reform and stop supporting Venezuelan President Nicolas Maduro. | Video

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