Edition:
India

Marc Frank

Cuban government imposes price controls as it seeks to keep lid on inflation

16 Aug 2019

HAVANA Communist-run Cuba has imposed price controls on goods and services ranging from lemons and pork to haircuts and taxi fares in what it says is an effort to tame inflation as it increases state wages and pensions.

British beverage giant Diageo to market Cuban rum

13 Aug 2019

HAVANA A European subsidiary of British beverage giant Diageo Plc signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country. | Video

British beverage giant Diageo to market Cuban rum

12 Aug 2019

HAVANA, Aug 12 British beverage giant Diageo Plc signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country.

Cuba, battling economic crisis, imposes sweeping price controls

31 Jul 2019

HAVANA Communist-run Cuba on Tuesday imposed sweeping price controls on all state and private businesses as it battles a deepening economic crisis and mounting U.S. sanctions.

Cuban officials attend funeral service for Cardinal Ortega

29 Jul 2019

HAVANA Cuban government and Communist Party officials attended funeral services for Roman Catholic Cardinal Jaime Ortega on Sunday in a testament to his success in elevating the Church's position on the Caribbean island after the fall of the Soviet Union.

Cuba hopes for slight growth as Trump pummels Caribbean island

14 Jul 2019

HAVANA Communist-run Cuba put on a brave face Saturday at a mid-year session of the National Assembly, the government insisting it would not let a growing financial crisis and mounting pressure from the administration of President Donald Trump thwart development.

Cuba studying cryptocurrency as part of economic crisis measures

03 Jul 2019

HAVANA Cuba's Communist government said on Tuesday it was studying the potential use of cryptocurrency as part of a series of measures to boost its economy amid a deepening crisis exacerbated by U.S. sanctions.

Trump administration ban on cruises to Cuba creates chaos for U.S. travellers

05 Jun 2019

HAVANA The Trump administration banned cruises to Cuba under new restrictions on U.S. travel to the Caribbean island imposed on Tuesday to pressure its Communist government to reform and stop supporting Venezuelan President Nicolas Maduro. | Video

Trump crackdown may have thrown wrench into U.S.-Cuba food trade

28 May 2019

HAVANA The Trump administration's decision to allow lawsuits against foreign entities making use of nationalized Cuban property may affect U.S. food sales to the Communist-run country, according to U.S. suppliers and business sources in Cuba.

Exxon Mobil sues Cuba for $280 million over expropriated property

04 May 2019

HAVANA Exxon Mobil Corp on Friday sued Cuba's state-owned Cuba-Petroleo and CIMEX Corp in U.S. federal court seeking $280 million over a refinery, gasoline stations and other assets seized after Fidel Castro’s revolution.

World News

Squabbles erupt as G7 leaders arrive for summit in France

Squabbles erupted among G7 nations on Saturday even before their leaders had gathered for an annual summit, exposing sharp differences on global trade tensions, Britain's exit from the EU and how to respond to the fires raging in the Amazon rainforest.