Cuba News » Matanzas News Cuba » Matanzas » Economy: As Trump Toughens Rules on Cuba’s Economy, Hotel Chains Pull Out
The Trump administration’s efforts to tighten the economic noose on Cuba appear to be working, as more international firms announced they would leave the island.
News Cuba » Matanzas » Economy: Cuba’s new parliament will face a familiar economic hangover
For Jose Guerra Ferrer, a Havana-based industrial engineer, “the economic situation in Cuba is bad”. “I hope it can be addressed by the new parliament,” he says, with reference to national assembly ...
News Cuba » Matanzas » Economy: Cuba's fuel crisis leaves nearly 3 mn people facing daily water shortages
Water system is one of the sectors most affected because it is one of the country's largest energy consumers, said Antonio Rodriguez, president of the state-run National Institute of Water Resources ...
News Cuba » Matanzas » Economy: Cuba Readies for First Russian Oil Shipment of the Year as Energy Crisis Deepens
Cuba Readies for First Russian Oil Shipment of the Year as Energy Crisis Deepens HAVANA (AP) — Cuba is preparing to receive its first shipment of Russian oil this year, just days after the government ...
News Cuba » Matanzas » Economy: Water shortages worsen across Cuba as oil supplies dwindle
Nearly 3 million Cubans experience water shortages every day because of a severe oil shortage that government officials blame on a U.S. energy blockade, authorities said late Wednesday during a ...
News Cuba » Matanzas » Economy: Is Cuba next for Trump after Rubio issues ‘national security’ warning?
Is Cuba next? US warns Havana is ‘a national security threat’ as Trump ramps up pressure - Marco Rubio said the likelihood of a diplomatic resolution is ‘not high’ given the current leadership ...
News Cuba » Matanzas » Economy: Cuba will allow nationals living abroad to invest in and own businesses on the island, economic czar tells NBC News
HAVANA — Cuban nationals living abroad in places such as Miami will be allowed to invest in the private sector and own businesses in their homeland, the country's economic czar has told NBC News in an ...
News Cuba » Matanzas » Economy: Russian oil tanker arrives in Cuba amid crisis; Trump doesn't intervene
March 30 (UPI) --A Russian oil tanker carrying humanitarian fuel has arrived at the Cuban port of Matanzas, according to Russia's Ministry of Transport, as this island nation faces a prolonged energy ...
News Cuba » Matanzas » Economy: Cuba begins to restore electricity after nationwide power grid collapse
Cuba started restoring power Sunday after the nation's energy grid collapsed a day prior, cutting electricity to millions of people. The blackout was the third this month. Some 72,000 customers in the ...