Economy and Business

SUMAI is bringing Chinese goods to Las Novedades in Holguín, while anticipation grows for solar panels

ICE raids sink business sales in Doral, Miami, and Homestead by up to 45%: Hispanic Chamber of Commerce seeks help from Trump

The Cuban government opens the door to private investment in refineries and fuel storage

Americans Robert E. Hall and Michael Woodford win the 2026 Nobel Prize in Economics

Florida warns businesses and looters after Hurricane Isaias: fines of $25,000 and 30 years in prison

Historical record: U.S. exports to Cuba exceed 200 million dollars in August, the largest month since 1992

Artemisa turns to a private company to save a state-run pig farm on the brink of collapse

Sancti Spíritus inaugurates the first Abasto.cu market in Cuba with minimum purchases of 200 USD or 24,000 CUP

A new state-run store in Sancti Spíritus sells beef by-products but limits purchases to two units per product

The same dog with a different collar: Cubans in Cárdenas criticize neighborhood market with prices just like the mipymes

The Pinar del Río Poultry Company wants to regain its leadership with most of its chickens in private hands

Tiendas Caribe announces a tender for 17 commercial spaces in four municipalities in Santiago de Cuba

Hialeah accumulates thousands of dollars in overtime payments to security guards for Mayor Bryan Calvo

Miami-Dade offers up to $5,000 to small businesses in District 9: who can submit the application until October 9

British American Tobacco leaves Cuba after 30 years: it sold its 50% stake in Brascuba, the factory of H. Upmann and Cohiba

Miami promoter sentenced for using investor funds for a yacht, a diamond, and a mansion

Abusive prices and expired food among the irregularities detected in state and private businesses in Ciego de Ávila

Spanish group Vima, a partner of GAESA, begins to exit Cuba: Removes its brand from its store in Havana due to U.S. sanctions.

The dollar skyrockets to 780 CUP and the euro rises to 878 CUP in Cuba

The only sugar mill in Guantánamo will start by crushing cane to produce alcohol and then will attempt to make sugar

Chinese ambassador gives a lesson in market economy to the Cuban regime, while promising more solar parks

Argentina will offer citizenship to foreigners in exchange for a contribution of $350,000 to the National Treasury

From working in hiding in Cuba to building a family legacy in Miami

Meta expands Muse for small businesses: what its artificial intelligence assistant can do

CiberCuba launches "$how me the mon€y," the podcast about Cubans who built their businesses outside the island

The U.S. will use "all available powers" to pressure the Cuban regime following new sanctions

Miami, increasingly expensive to live in and to sell: Businesses are paying more and selling less

The fear of ICE continues to drain small businesses in Miami-Dade: plunging sales and employees resigning

Fewer customers and more closures: What is behind the crisis that is emptying restaurants in South Florida?

The U.S. tightens sanctions against Cuba: new banking, financial, and travel restrictions come into effect

Cuban: "Nothing is produced here. Here, things are imported, hoarded, and resold."

Dollar and euro rise in Cuba, reaching new highs in the informal market

Marco Rubio to the Cuban regime: "You have an opportunity to change course."

The boom in aesthetic medicine in Miami attracts a Swiss giant in dermatology

Donald Trump and Delcy Rodríguez meet for the first time in New York in an unprecedented approach between Washington and Caracas

An entrepreneur in Las Tunas was fined for stepping away from his business for a few minutes to pick up medication for his grandfather

Marco Rubio rings the opening bell at the New York Stock Exchange on the eve of the UN General Assembly

Families in south Florida earn more but still struggle to cover the cost of living

One good and one bad news for employment in Florida: unemployment is down, but it is still worse than it was a year ago

Venezuela signs oil agreement with TotalEnergies of France amid a wave of deals with multinational companies

Uncertainty in Havana over economic reforms: "We don't know what the outcome will be"

Donald Trump and Delcy Rodríguez could face each other for the first time in New York

Monreal and complementary reports from Harvard and Cuba Transformation for the future of the island

The informal market is heating up: the dollar, euro, and MLC are all on the rise

Palmares is auctioning more than a dozen cafes and sales points in Havana due to the failure of state management

The euro reaches 788 pesos and the dollar approaches 700 CUP in the Cuban informal market

Sancti Spíritus will have two wholesale markets where the minimum purchase will be 300 USD or its equivalent in CUP

A private small and medium-sized enterprise will manage the waste in the Historic Center of Camagüey in light of the crisis in municipal services

Guantánamo has been without fuel for days, and the government is sending to look for diesel and gasoline in the small and medium-sized enterprises

Cosmetics, diapers, natural juices, and even fruit salad: the offerings of a new pharmacy in Holguín

The Central Bank of Cuba regulates foreign currency bank accounts with a new resolution

Cuba will experience the worst economic decline in Latin America in 2026, with a contraction of 10.3%, according to Cepal

The State Council regulates non-agricultural cooperatives in Cuba with a new decree-law

Cuba officially incorporates private companies with more than 100 employees into its legal framework

Cuba updates the regulations for self-employment: a new institute takes over its management

Matanzas closes 46 establishments after detecting more than 1,800 violations

The government hands over the Palace of Marriages in Sancti Spíritus to a private entity after years of deterioration

More than six million pesos are returning to banks in Sancti Spíritus following a control operation, authorities report

Authorities in Las Tunas are still discussing how much to charge for garage sales, now restricted to weekends

Putin fears ending up "hanging" if he backtracks in Ukraine and is betting on escalating the war, according to The Economist