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Nickel metal mining industry in Cuba

Posted in Cuba Business > Cuba-World Trade

Patricia Grogg IPS Nickel retained its first place among Cuban exports in 2006, its earnings boosted by unprecedented high prices on the international market, although output was lower than the government had hoped. Over the past year, the price of nickel ore rose by 157 percent to today’s market… Read More

Cuban Oil, Gas Output Grow - Prensa Latina

Posted in Cuba Business > Business In Cuba

Prensa Latina Cuba will end 2006 fulfilling oil and natural gas production plans and new gas-based power generators in operation. Carlos Lage, Secretary of the Council of Ministers Executive Committee, rounded production to over 3.9 million tons which is 50 percent of the domestic consumption that helped… Read More

Time to stop at 638 assassination attempts to kill Fidel Castro

Posted in Cuba Business > Cuba-US Trade

This week a documentary entitled ‘638 ways to kill Castro’ aired on UK TV. It is an astonishing portrait of the thoroughly unsuccessful attempts by the CIA to assassinate the Cuban leader. As Castro now approaches a natural death perhaps its time to reflect that this was the wrong policy… Read More

Cuba on verge of political & economic change - Russian writer’s observation

Posted in Cuba Business > Business In Cuba

Pyotr Romanov | Providence Jouranal Having recently spent two weeks in Havana, I saw for myself what seemed quite obvious—after Fidel Castro’s departure, which is not far off, Cuba is in for serious change. The Cubans themselves are well aware of this. The official slogan about the monolithic… Read More

State of Cuban oil exploration and development of sugar ethanol industry

Posted in Cuba Business > Business In Cuba

This analysis was prepared by Research Associate Danielle Ryan | Council on Hemispheric Affairs Hurdling over the barriers erected by Washington policymakers, Cuba, with increasing gusto, is turning to its oil and ethanol sectors to achieve energy security, despite the U.S. embargo. Cuba has slowly made… Read More

Low US business turnout at Havana Trade Fair thanks to Bush Cuba policy

Posted in Cuba Business > Cuba-US Trade

By Jeff Franks | Reuters Glum U.S. vendors find themselves fewer in number and fading in importance at Havana’s annual international trade fair, a plight they blame on a 44-year-old Cold War trade embargo that they say is handing the Cuban market to other countries. Of the 50 or so vendors who… Read More

Cuba to review black market economy

Posted in Cuba Business > Business In Cuba

BY FRANCES ROBLES | Miami Herald In the wake of an unusual investigation by Cuban state journalists into public employees who regularly cheat customers, Havana has announced an even more surprising response: a study of what’s wrong with the entire system. But the study won’t be all. New rules… Read More

Thomas Herzfeld Advisors applies to SEC to open second Cuba mutual fund

Posted in Cuba Business > Cuba-US Trade

Reuters Herzfeld acknowledges that the Communist state that Castro built on the doorstep of the United States won’t necessarily disappear when Castro makes his final exit from power. And there are many risks to betting on a lifting of U.S. trade barriers with the island. RAISING THE STAKES He is… Read More

Russia to grant Cuba $36million to finance purchases

Posted in Cuba Business > Cuba-World Trade

En.Rian.ru Russia will provide Cuba with a 10-year $355 mln loan with interest at 4% per year, Russia’s prime minister said Thursday. Mikhail Fradkov signed a Russian-Cuban intergovernmental agreement earlier Thursday. He said the credit will be used to finance the delivery of Russian goods… Read More

37 US States Export Food To Cuba Now - More Than Any Other Country

Posted in Cuba Business > Cuba-US Trade

Watch the video report from Cuba CBS Life for most Cubans is a bare bones existence. The average wage is about $13 a month. But health care and education are free, and no one goes hungry because every Cuban receives a food ration. There are open-air markets all over Cuba with mostly home grown products.… Read More

Raul Castro administration fires directors of Etecsa, Telecom Italia and Copextel

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters Cuba has fired the heads of two of the country’s most influential companies in a bid to bring the computing and telecommunications enterprises back under firm state control amid a national anti-corruption drive, industry sources said on Monday. Information Technology and… Read More

Summary of prospects and restrictions of Cuba oil drilling

Posted in Cuba Business > Cuba-World Trade

By Gary Marx | Chicago Tribune foreign correspondent Known more for cigars and rum than oil rigs, this socialist nation has become the latest country drawn into the frenzied hunt for oil, hoping that a gusher in its Caribbean fields will ease its energy dependence and kick-start its economy. After years… Read More

Cuba Study Group to launch private micro-loan fund for Cuban entrepreneurs

Posted in Cuba Business > Cuba-US Trade

Miami Herald The Cuban-American business leaders of the Cuba Study Group are putting their money where their hopes lie. The group has pledged $10 million as seed capital for a microloan program aimed at entrepreneurs inside of Cuba. That’s not all. The nonprofit group proposes other ideas for… Read More

Havana buildings and streets in need of repair

Posted in Cuba Business > Business In Cuba

By Carol J. Williams | LA Times Staff Writer At the intersection of Marina and Jovellar streets, more than 50 people wait along a potholed sidewalk and broken curb for a bus that wheezes up to the stop already full. Somehow, a dozen or so manage to squeeze into the windowless contraption that dates to… Read More

Havana Journal buys American Chamber of Commerce of Cuba domain name

Posted in Cuba Business > Cuba-US Trade

Apparently the American Chamber of Commerce of Cuba in the United States is out of business. We just bought the domain name. So, if you are looking for AmChamCuba information, we have posted their popular “Considering a Trip to Cuba” page. ARE YOU CONSIDERING A TRIP TO CUBA? This article… Read More

More countries drilling for oil northwest of Cuba in Gulf of Mexico

Posted in Cuba Business > Cuba-World Trade

IANS Expanding its operations in South America, state-run ONGC Videsh Ltd (OVL) has signed production sharing contracts for two offshore oil exploration blocks in the northwest coast of Cuba. OVL, the overseas investment arm of Oil and Natural Gas Corp. (ONGC), already has 30 percent… Read More

Major Gulf of Mexic oil discovery good for Cuba?

Posted in Cuba Business > Business In Cuba

By Clifford Krauss The New York Times An announcement by three oil companies of a successful production test in the Gulf of Mexico, potentially the largest American oil find in a generation, was seen by experts as ushering in a new era in ultradeep-water offshore drilling. Chevron, Devon Energy and Statoil,… Read More

The Economic Future of Cuba - USA Today

Posted in Cuba Business > Business In Cuba

By Edward Iwata | USA TODAY Millions of visitors to Havana have been entranced by the Cuban capital’s resorts and restaurants, its centuries-old baroque and colonial architecture, its malecon seawall and promenade. Behind the tourists’ facade, though, the Castro regime and military and government… Read More

Bacardi Havana Club trademark - bad US politics makes for bad US business

Posted in Cuba Business > Business In Cuba

BY MATTHEW HAGGMAN | Miami Journal Bacardi’s victory in the Havana Club trademark fight could spell trouble for many other U.S. businesses In 1918 the Aunt Jemima trademark was registered in Cuba, and even after Fidel Castro seized power in 1959, a steady stream of U.S. companies from Ace Hardware… Read More

24th FIHAV Havana Trade Fair from October 30 to November 4 2006

Posted in Cuba Business > Business In Cuba

http://www.granma.cu THE 24th edition of the Havana Trade Fair (FIHAV) takes place from October 30 to November 4 at its usual venue, Expocuba, the country’s largest fairground, the organizing committee has announced. In the official announcement, addressed to foreign companies and… Read More

New Mexico joins lists of US states selling goods to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press A Navajo Nation agriculture company has signed a letter of intent to sell its products to Cuba, marking New Mexico’s first agricultural agreement with the Communist country. “This is a big market out there,” said Rep. Tom Udall, D-N.M. “I see this as laying the… Read More

Ending the US Embargo against Cuba would take an act of Congress

Posted in Cuba Business > Cuba-US Trade

AP If Fidel Castro died tomorrow, the U.S. embargo against Cuba could not be lifted like any other - as President Bush undid the 18-year trade sanctions against Libya in April or President Clinton lifted the 19-year ban against Vietnam in 1994. The door to trade with Cuba is bolted by numerous laws which,… Read More

Organoponicos and organic produce in Cuba

Posted in Cuba Business > Business In Cuba

TorontoSun.com | By Andrew Buncombe Twenty years ago, following the collapse of the Soviet empire, Fidel Castro’s small island faced a food crisis. Today, its network of small urban farmers is thriving, an organic success story that is feeding the nation.  To the right lay revolutionary tomatoes… Read More

Herzfeld Caribbean Basin Fund - Cuba related mutual fund

Posted in Cuba Business > Cuba-US Trade

http://yahoo.smartmoney.com/barrons/ THOMAS J. HERZFELD was early to the party — very early. In 1994, the closed-end fund guru based in Miami launched the Cuba Fund. Its aim was to provide a way to invest in the rebuilding of a free Cuba. Later that year, it was renamed the Herzfeld… Read More

Embargo keeps US oil companies out of Cuban oil fields south of Florida

Posted in Cuba Business > Cuba-World Trade

By TODD LEWAN The Associated Press MIAMI - Some facts about America’s trade embargo with Cuba: •It’s been U.S. policy since 1961. •It has yet to loosen Fidel Castro’s grip on power. •It has cost America little strategically or economically. Until now, that is. From here on out,… Read More

The economic rise of Cuba thanks to China, Venezuela and Latin Left America

Posted in Cuba Business > Cuba-World Trade

http://www.coha.org | Council on Hemispheric Affairs (original title Cuba comes in from the cold) Bolstered by New Investments and Beneficial Trade Agreements, the Island’s Economy Surges while Washington Grumbles over Havana’s Possible Big Oil Surprise For a country long in the grip of a… Read More

Fidel Castro visits Mercosur trade summit- South America moving to the left

Posted in Cuba Business > Cuba-World Trade

By BILL CORMIER, Associated Press Writer CORDOBA, Argentina - A rare guest appearance by Cuban leader Fidel Castro has turned a routine trade summit into a politically charged gathering of Washington’s greatest Latin American foes. Castro’s surprise visit to Argentina honors the induction… Read More

Cuban debt to Russia - Follow the funny money trail

Posted in Cuba Business > Cuba-World Trade

Kommersant.com After nearly a decade of urging Cuba to pay off $22-billion debt to the former Soviet Union, Russia shelves the issue for indefinite time, Deputy Finance Minister Sergey Storchak made clear. Instead, PM Mikhail Fradkov will offer a new loan of $350 million during his visit to Cuba.… Read More

Cuba to explore sugar ethanol production

Posted in Cuba Business > Business In Cuba

Jamaica-gleaner.com Cuba hopes to take advantage of high sugar prices and the ethanol boom to revitalise its industry and greatly increase alcohol production, a senior ministry official said Tuesday. There has been a sharp increase in worldwide ethanol demand which, Brazil, the biggest supplier may not… Read More

Corpus Christi Texas port and Congressman Solomon Ortiz sign trade deal with Cuba

Posted in Cuba Business > Cuba-US Trade

kristv.com Port officials and Congressman Solomon Ortiz were in Cuba Friday to promote trade and send a message about relations between the two countries.  But that message is not exactly in line with recent actions by the U.S. government. Over the past two years, the government has tightened the… Read More

Cuba to increase ethanol production

Posted in Cuba Business > Cuba-World Trade

By ANDREA RODRIGUEZ | Associated Press Cuba is investing in its ethanol refineries with hopes of increasing its production of the renewable fuel fivefold as it bets on growing ethanol demand in the face of rising petroleum prices, a leading sugar expert said Wednesday. Luis Galvez of the Cuban Research… Read More

China Cuba ties report from Cuba Transition Project

Posted in Cuba Business > Cuba-World Trade

Cuba Transition Project   CUBA FACTS   Issue 21- May 2006 Cuba Facts is an ongoing series of succinct fact sheets on various topics, including, but not limited to, political structure, health, economy, education, nutrition, labor, business, foreign investment, and demographics, published and… Read More

Venezuela (China, India, Canada & Spain) to drill for oil in Cuban waters

Posted in Cuba Business > Cuba-World Trade

MercoPress.com Venezuela will explore and eventually exploit hydrocarbons in Cuba according to a release published this week in Havana’s official newspaper Gramma. The agreement involves the two countries government owned oil companies, PDVSA and Cupet and was signed by Cuba’s Basic Industry… Read More

India ONGC Videsh and Norway Norsk Hydro drilling for Cuban oil in Gulf of Mexico too

Posted in Cuba Business > Business In Cuba

IBN Live India’s ONGC Videsh and Norway’s Norsk Hydro are joining forces with Spain’s Repsol in a bid to find crude oil off Cuba in the Gulf of Mexico, said the diplomatic sources on Wednesday. The news comes as US lawmakers, with oil prices soaring, are grumbling about prospecting… Read More

China and India to drill for Cuban oil off Florida keys in Gulf of Mexico

Posted in Cuba Business > Business In Cuba

CNN Plans for foreign oil companies, some from India and China, to drill off the cost of Cuba are prompting calls from lawmakers to ease environmental restrictions that prohibit coastal drilling in most of the U.S., according to a report Tuesday. At a time of rising soaring gasoline prices caused partly… Read More

Varadero Cuba oilfield may start yielding crude oil

Posted in Cuba Business > Business In Cuba

Prensa Latina Cuba hopes to extract 200 tons of oil per day in a Varadero oilfield, which use could last over 15 years, an official source said Tuesday. It is a sloping well, drilled from the soil to the sea, 16,948 feet long, at an angle of 83 degrees, with a 13,625 foot horizontal displacement, which… Read More

Ileana Ros-Lehtinen to file bill to punish all companies drilling for oil off Florida

Posted in Cuba Business > Cuba-US Trade

By LESLEY CLARK | Miami Herald U.S. Rep. Ileana Ros-Lehtinen is joining Democratic U.S. Sen. Bill Nelson in filing legislation aimed at blocking Cuba from drilling for oil near the Florida Keys. The Miami Republican has filed a bill that would deny visas to any employees of a company or entity that ``contributes… Read More

Welcome to the Havana Journal

Posted in Cuba Business > Cuba-US Trade

The Havana Journal is media source designed to feature user-generated content, third party content, news, photos, comments, opinions, business information and travel reviews about Cuba and its many related facets. We spend many hours each week shifting through dozens and dozens of news articles, blog… Read More

Cubaniquel and Sherritt to increase Cuban nickel and cobalt production

Posted in Cuba Business > Business In Cuba

CBC.cz Cuba, among the world’s largest nickel and cobalt producers, has launched a program with Canadian mining firm Sherritt International Corp. (TSX:S) to increase output by about half to 49,000 tonnes annually, state media said Wednesday. The government’s Cubaniquel and Sherritt… Read More

Who will drill for oil off Florida, the US or Cuba?

Posted in Cuba Business > Business In Cuba

BY LESLEY CLARK | Knight Ridder Newspapers A Pennsylvania congressman who wants to drill for natural gas just 20 miles out from the nation’s shoreline has found a most unusual model: Fidel Castro. Rep. John Peterson, a Republican who is trying mightily to lift the presidential and congressional… Read More

Cuba seeking foreign investment in sugar industry

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters Cuba is seeking direct foreign investment in sugar milling and cultivation for the first time since nationalizing the industry soon after the 1959 revolution, Cuban and foreign sources said this week. At least three companies, all with long-term business experience in Cuba, have… Read More

Venezuela oil - life blood of Cuba ... and the United States

Posted in Cuba Business > Cuba-World Trade

By Howard Williams | CNSNews.com Correspondent Venezuela has signed a new oil pact with Cuba, boosting oil deliveries to the Communist nation by 70,000 barrels a day and pumping in up to $1 billion to “rehabilitate” an aging Soviet-era refinery on the island. According to several published… Read More

US Cuba Trade Association talks trade with Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press | BY TRAVIS REED Business leaders and Cuban government officials expressed frustration Thursday with Bush administration policies that have tightened restrictions on travel and commerce between the United States and the communist island nation. About 30 executives gathered Thursday in… Read More

REDESIGN OF THE HAVANA JOURNAL COMPLETE

Posted in Cuba Business > Cuba-US Trade

We have finished the major redesign of the Havana Journal. The good news is that we have made the entire site much more user and visitor friendly. We have made it easier for anyone to write for the Havana Journal. Simply go to the Section (Business, Culture, Politics, Travel or Hispanics) and find the… Read More

Cuba buys two more Il-96-300 Russian jets

Posted in Cuba Business > Business In Cuba

UPI Cuba`s flagship airline will buy five more Russian jets, with PS90A engines, the newest engines available. Cubana de Aviacion will buy two Il-96-300s, two Tu-205-100s and a Tu-204S, Novosti said Monday. The PS90A engine being installed on all five jets is made by Permskiye Motory, which is based… Read More

Cuba buying 4,158 electric generators

Posted in Cuba Business > Business In Cuba

http://www.plenglish.com Cuba Generates More Power The start up of new groups of power generators in Havana have boosted the energy revolution the island nation is pushing through in search of higher efficiency, energy saving and achieving territorial generation self-suffiency from the national… Read More

China manufacturer Haier sells 300,000 refrigerators to Cuba

Posted in Cuba Business > Cuba-World Trade

Prensa Latina The Chinese Group Haier of eastern Shandong province was stage for a preparation ceremony for the first lot of 300,000 high-performance refrigerators contracted by Cuba in this country. These appliances, assembled in three different models, were purchased here as part of the Energy Saving… Read More

Cuba buys Ilyushin Il-96-300 Presidential jets

Posted in Cuba Business > Cuba-World Trade

BBC Cuba is buying one of Russia’s most up-to-date airliners, carefully crafted for President Fidel Castro’s personal comfort. The purchase is part of an initial Cuban order for two brand new Ilyushin planes worth $110 million (�63 million) which Russian officials say is a shot… Read More

Iran will build cement and power plant in Cuba

Posted in Cuba Business > Cuba-World Trade

MNA Iran and Cuba signed an agreement based on which Iran will build a cement plant in this Latin American country. In addition to the $200m agreement concluded for building the cement production plant, Iran has also agreed to construct a power plant aimed at generating at least 500 to 1,500 megawatts… Read More

Cuba exports zeolite to Europe

Posted in Cuba Business > Business In Cuba

DTCuba.com Cuba will increase zeolite exports to the European market, as part of efforts to diversify foreign trade. The plant Agrisel, in central Cuba, will resume processing 1,000 tons of zeolite for Europe’s agricultural sector. The company will supply the product, which is enriched with potassium,… Read More

Cuba to work on ethanol production

Posted in Cuba Business > Business In Cuba

Cubaweb.cu Those interested in doing business with Cuba in the field of non-traditional products can now look at new options such as the local production of ethanol, better known as alcohol, which is currently being used around the world as car fuel in a mixture with gasoline in an effort to lower gasoline… Read More

Cuba to drill for oil in potential Florida zone

Posted in Cuba Business > Business In Cuba

Nick Snow | Oil and Gas Journal Cuba is moving to develop its offshore oil and gas resources, which would result in development closer to Florida’s coast than the US government allows, Rep. John E. Peterson (R-Pa.) warned on Mar. 2. “Offshore oil and natural gas drilling, sanctioned by the… Read More

Cuban American lawyers want stake in post-Castro Cuba legal system

Posted in Cuba Business > Cuba-US Trade

Lindsay Fortado | The National Law Journal Lawyers in the United States are turning their thoughts to a new type of Cuba: one without Fidel Castro. The Cuban dictator turns 80 this year, and he’s been in power for 47 of those years. While it’s impossible to predict what system of government… Read More

SINOSURE to guarantee financing of Cuba purchases

Posted in Cuba Business > Cuba-World Trade

Prensa Latina Cuban President, Fidel Castro, attended the signing ceremony of an important financial agreement between his country and China, reports Granma daily Monday. The Head of State endorsed with his signature the Memorandum of Understanding between SINOSURE, an Insurance and Export Credit agency,… Read More

Organiponico - Agriculture in Havana City Cuba

Posted in Cuba Business > Business In Cuba

By Megan Quinn | From Permaculture Activist | GlobalPublicMedia.com At the Organiponico de Alamar, a neighborhood agriculture project, a workers’ collective runs a large urban farm, a produce market and a restaurant. Hand tools and human labor replace oil-driven machinery. Worm cultivation and… Read More

HOW TO WRITE FOR THE HAVANA JOURNAL

Posted in Cuba Business > Cuba-US Trade

We have finished our complete redesign of the Havana Journal. We have made it easier for you to post your original stories and articles as well as news stories you find interesting. Here are some guidelines about submitting content to the Havana Journal. 1. Always provide a relevant title that will inform… Read More

The Long Arm of the Law

Posted in Cuba Business > Cuba-US Trade

Philip Peters | Lexington Institute The Bush Administration voiced not a word of disapproval, but it sent an unmistakable signal to a recent conference held in Mexico City where American executives and Cuban officials discussed business opportunities in Cuba’s energy sector. It found a way to use… Read More

Cuba business forum redesigned

Posted in Cuba Business > Business In CubaCuba-US Trade

For those of you who like to follow business opportunities in Cuba, We have finished our Cuba Business Forums. Take a look here Read More

Pebercan finds new potential oil field off Cuba and more wells planned

Posted in Cuba Business > Cuba-Canada Trade

Pebercan Press Release Tarara: discovery of the new potential field with the Tarara 100 well Santa Cruz: successful test of the STC 300 well and the imminent start of marketing Continued increase in production capacity: 10 000 b/d, Pebercan gross share (*) Montreal, Quebec - Pebercan (TSX : PBC)… Read More

China continues to strengthen ties with Cuba

Posted in Cuba Business > Cuba-World Trade

BY JULIO GOMEZ LLUCIA | Granma.cu CHEN Zhili, state minister of the People’s Republic of China, highlighted her visit to Cuba as successful. Minutes before traveling to Mexico, she informed Granma that she had met on three occasions with President Fidel Castro Ruz, including the interview at the… Read More

US now starting to punish Mexico in order to hurt Fidel Castro

Posted in Cuba Business > Cuba-US Trade

By Julie Watson | ASSOCIATED PRESS Mexico’s vow to prosecute an American-owned hotel for adhering to the U.S. embargo of Cuba puts American businesses in a dilemma: Whose laws do they obey – those of their homeland or those of their host? No matter what they do, they could face legal action.… Read More

OFAC reaches into Mexican hotel to enforce Embargo

Posted in Cuba Business > Cuba-US Trade

By JAMES C. McKINLEY Jr. | New York Times Mexico and Cuba criticized the United States on Monday February 6 for demanding that the Sheraton Maria Isabel Hotel here order a group of Cuban officials, who were meeting last week with representatives of American oil companies, to check out of the hotel and… Read More

Port of Corpus Christi officials attend Cuba summit

Posted in Cuba Business > Cuba-US Trade

Shaun Hegarty | KRISTV.com The Port of Corpus Christi is planning ahead for the day when the United States embargo on Cuba is lifted. In fact, port officials were in Mexico City this past weekend, discussing potential business opportunities with Cuba. The development of Cuban oil resources could be a… Read More

Tristan Bauer to make film about Che Guevarra

Posted in Cuba Business > Business In Cuba

Prensa Latina Argentinean filmmaker Tristan Bauer, First Prizewinner at Havana Festival of the New Latin American Movie with the film “Iluminados por el fuego” and attending the International Book Fair held in Cuba, Sunday announced he would make a film on the life of Commandant Ernesto Che… Read More

MAJOR UPGRADE TO HAVANA JOURNAL

Posted in Cuba Business > Cuba-US Trade

Hello to all loyal Havana Journal visitors and authors, We have just launched the completely redesigned HavanaJournal.com. We still have some tweaking to do but this new site will be easier to navigate and use. Right now, we have one major change that concerns our authors: All new stories posted will… Read More

Cuba plans for its Energy Revolution

Posted in Cuba Business > Business In Cuba

http://www.periodico26.cu By Istvan Ojeda Bello What is the relationship between the new Chinese rice cookers that are currently being sold to all Cuban families and a young social worker inside a gas truck? What is the link between replacing lighting with energy-efficient bulbs and the world… Read More

Russia successfully tests passenger jet sold to Cuba

Posted in Cuba Business > Cuba-World Trade

http://en.rian.ru/russia/20060126/43196936.html Russia successfully tests Cuba-ordered passenger jet VORONEZH, January 26 (RIA Novosti) - An aircraft manufacturing plant in the central Russian city of Voronezh has successfully completed trials of a passenger jet ordered by Cuba’s… Read More

Corpus Christi Texas sign shipping deal with Cuba

Posted in Cuba Business > Cuba-US Trade

AIN | Ahora.cu US business people have signed new commercial accords with Cuba, in an action that further ignores Washington’s economic blockade of the island. The accords were inked on Thursday by the Texas-based Corpus Christi Harbor and Cuba’s Alimport Food Import Company, in the presence… Read More

Court decision to affect MasterCigars Direct, Hunters & Frankau and 50% owner of Habanos’ Altadis

Posted in Cuba Business > Cuba-World Trade

Richard Wray | The Guardian The price paid by British smokers for Cuban cigars, the smoke of choice for film stars such as Danny DeVito and Jack Nicholson, could more than halve, depending on the judgment in a crucial 18-month court battle expected to be handed down this week. The case has pitted a five-year-old… Read More

Sugar: Former Lifeblood of Cuban Economy Reduced to Mere Trickle

Posted in Cuba Business > Business In Cuba

Patricia Grogg | IPS Sugar, once the mainstay of the Cuban economy, has been relegated to a weaker role than ever before, as the country prepares for a shortened harvest season that will involve just over half of the mills kept open after a major restructuring of the industry in 2002. Only 42 sugar mills… Read More

Cuba to buy more heavy machinery from China this year

Posted in Cuba Business > Cuba-World Trade

By Marc Frank | Reuters Cuban President Fidel Castro climbed aboard a Chinese locomotive and hailed growing economic links with the Communist nation for helping to undermine a four-decade-old U.S. trade embargo. “The only thing we have to say to them (the United States) is forget your transition… Read More

Colorado Governor Bill Owens ignorant about Cuba and likes it that way

Posted in Cuba Business > Cuba-US Trade

Rob Reuteman | Rocky Mountain News original title: The Cuba question: To trade or not to trade? Jim Reis, chief executive of Denver’s World Trade Center, is planning a trade mission to Cuba this year, leading a group of Colorado business people and an elected official or two - he hopes. He hasn’t… Read More

Maine talks business with Cuba

Posted in Cuba Business > Cuba-US Trade

By Christine Parrish | VillageSoup.com “Fidel Castro was very interested in Maine and very cordial,” said Jim Robbins, owner of Robbins Lumber in Searsmont. Robbins was among the 20-member delegation that visited Cuba for five days in December. “Politics were not mentioned,” he… Read More

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