Edition:
United States

Marc Frank

Cuba urges calm as overhaul of monetary system looms

Oct 12 2020

HAVANA Cuba’s economy minister on Monday urged calm as the government prepares to unify its dual currency system and multiple exchange rates in hopes of improving economic performance.

'Big opportunity': Cuba's entrepreneurs reinvent to survive pandemic

Sep 30 2020

HAVANA From a restaurant mixing take-away cocktails to a cosmetics company delivering home-made products by bicycle, Cuba's entrepreneurs - no strangers to hardship - are coping with the coronavirus shutdown in innovative ways. | Video

Cuba plans first official peso devaluation since 1959 revolution, sources say

Sep 10 2020

HAVANA Communist-run Cuba will soon devalue the peso's one-to-one exchange rate with the U.S. dollar for the first time since the 1959 revolution, according to three sources who requested anonymity due to the sensitivity of the subject.

Some Cubans returning from Venezuela test positive for COVID-19

Aug 04 2020

HAVANA Twenty-nine Cubans recently returned from Venezuela have tested positive for COVID-19 over the last eight days, according to government data, raising questions about health conditions in the South American country under tough U.S. sanctions.

Some Cubans returning from Venezuela test positive for COVID-19

Aug 04 2020

HAVANA Twenty-nine Cubans recently returned from Venezuela have tested positive for COVID-19 over the last eight days, according to government data, raising questions about health conditions in the South American country under tough U.S. sanctions.

Some Cubans returning from Venezuela test positive for COVID-19

Aug 04 2020

HAVANA, Aug 4 Twenty-nine Cubans recently returned from Venezuela have tested positive for COVID-19 over the last eight days, according to government data, raising questions about health conditions in the South American country under tough U.S. sanctions.

Cuba loosens straitjacket on private sector to stimulate economy

Jul 29 2020

HAVANA Communist-run Cuba is loosening restrictions on small businesses as it seeks to stimulate a state-dominated economy hammered by the implosion of ally Venezuela, U.S. sanctions and the pandemic.

In Cuba, the old foe's currency makes a comeback

Jul 20 2020

HAVANA State-run stores in Cuba began selling some food and hygiene products in U.S. dollars on Monday as the import-dependent country faces a grave shortage of tradable currency to purchase goods abroad.

Cuba broadens use of dollars, eliminates 10% tax on greenback

Jul 16 2020

HAVANA Cuba said on Thursday it will allow some stores to sell food, personal hygiene and other consumer goods in U.S. dollars and will eliminate a 10% tax on the greenback, an effort to rake in more hard currency to purchase goods abroad.

Havana stirs to life without tourists and amid scarcity

Jul 03 2020

HAVANA The Cuban capital stirred to life on Friday after more than three months of lockdown but there were no signs of tourists on Havana's quiet streets while residents fretted over shortages of food and other basic goods.

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