As Cuba faces a social and economic crisis, the United States has enabled more financial support for private businesses in the country in a boost to Internet-based services and financial services. The US Treasury’s regulatory...
The island country’s economy has suffered due to reduced tourism and US sanctions. Cuba ended it’s dual-currency system earlier this year, also contributing to price fluctuations. Cuba will have an inflation rate of over 70%...
Money transfers from exiled Cubans living in the United States are crucially important for their families back home. But a recent US ban on remittances is forcing Cubans to go digital to keep dollars rolling...
Cuba’s economy is stagnating. The country is looking for foreign investments, and these might come from Russia rather than from the United States. Andreas Knobloch reports on a trade fair in Havana. Good and at...
It’s almost too good to be true: The US national anthem is playing at Revolution Square in Havana, and US President Barack Obama and Cuban leader Raul Castro are seeing off the military parade together....