Cuba Approves Its Biggest Economic Overhaul Since the Revolution
Cuba's parliament passed 176 economic measures—private banks, foreign trade, diaspora investment—in the island's largest policy shift since the 1959 revolution....
June 20, 2026Topic
cuba economy
Cuba to expand foreign investment opportunities in wholesale and retail sectors
The new regulations come at a time when shortages in the domestic market of goods and services in high demand...
August 16, 2022
Cuban government authorizes MSMEs but excludes them from strategic sectors
The Cuban government gave the green light on Wednesday to create micro, small and medium-sized enterprises (MSMEs) in both the...
June 2, 2021
Cuba struggling to recover its flagship sugar industry
Cuba's flagship sugar industry has been affected in the last 6 decades by the U.S. financial and commercial embargo
May 4, 2021
Analysis: Cuban Communists under pressure to accelerate economic reforms
Retiring Cuban Communist Party leader Raul Castro promised a decade ago he would transform the Soviet-style command economy into a...
April 15, 2021
Cuba’s new rules to allow more small businesses spark both hope and frustration
Communist-run Cuba's decision to open more of its economy to small private businesses and individual initiative has sparked praise among...
February 13, 2021
EU Spokesman Calls on U.S. to Reverse Classification of Cuba as Terrorist Supporter
The High Representative for Foreign Policy of the European Union (EU), Josep Borrell, urged US President Joe Biden to eliminate...
February 6, 2021
Cuba’s Imports From China Slump 40% in 2020, Extending Long Decline
Cuba’s imports from China tumbled to US$483 million last year versus US$791 million in 2019, according to data from the...
February 5, 2021
Analysis: Cuba Needs Deeper Economic Reform, Creditors say
Cuba must devalue and deregulate further after taking initial steps this year to restructure its ailing state-run economy and presumably...
January 28, 2021