The Government of Cuba approved an economic adjustment plan for this year, based on the reduction of public spending, in order to face the consequences of the coronavirus.
This was decided by the Council of Ministers at a meeting held on Monday in which the Deputy Prime Minister, Alejandro Gil…
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Cuba
Venezuela bets on a new world order at the NAM conference
The President of Venezuela, Nicolás Maduro, called for the establishment of a new world order based on solidarity and multilateralism at the virtual summit of the Non-Aligned Movement (NAM).
During the meeting and through a…
Cryptocurrencies on the focus of central banks
The volume of countries that show interest in cryptocurrencies increases daily. The US, India, Cambodia, Cuba and the United Kingdom are considering the creation their own digital currency backed by central banks.
The incidence has lead…
Cuba studies using cryptocurrencies to avoid economic sanctions
According to a report published by Reuters news agency, the Cuban government is considering using crypto coins to avoid economic sanctions imposed by the US government.
The president of the Council of State of Cuba Miguel Diaz Canel…
Cuban fashion brand starts exports to the United States
Clandestina, a Cuban fashion firm, announced on its website that it temporarily ventures into the United States and encourages people to attend the New York store that will remain open from June 4 to the June 20. Clients can go shopping and…
Damages to the Venezuelan economy can be overcome
The director of Dinámica Venezuela, Eduardo Fortuny, indicated in the framework of the event "Transition in Venezuela" that the damages to the Venezuelan economy are structural and a proof of this are the figures published by the Central…
Cuba legalizes the creation of private landline and wireless data networks
This Wednesday it was announced that Cuba authorized the creation of wired or wireless private data transmission networks, which until now were prohibited in the territory. The measure will come into effect as of July 29 and includes the…
Trump threatens Cuba with a total embargo
“If Cuban troops and militia do not immediately cease military and other operations for the purpose of causing death and destruction to the Constitution of Venezuela, a full and complete embargo, together with highest-level sanctions, will…