Daily Briefings

Daily Briefing – July 16, 2018

Cuba’s New Constitution to Recognize Private Property: Cuba’s new constitution, the draft of which will be released next week, reportedly will officially recognize private property for the first time since the Revolution. The new constitution will also create the position of prime minister, along with president, state media reported on Saturday. The commission to change the […]

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Daily Briefing – July 12, 2018

Now is the Best Time to Visit Cuba, Says Bloomberg: Misinformation combined with Hurricane Irma have thinned the ranks of Americans visiting Cuba, all the more reason that now is the best time to go, says a Bloomberg report on luxury travel to Cuba. Fewer crowds, improved infrastructure, and new tourism offerings have improved the travel […]

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Daily Briefing – July 11, 2018

Private Sector Licenses to Renew, With Added Controls: The Cuban government announced yesterday that it would resume the issuing of licenses for private business in December, following a 16-month hiatus. The government also acknowledged that the private sector was vital to economic growth. However, the resumption of licensing comes with new controls, including strictly limiting one […]

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Daily Briefing – July 10, 2018

Three U.S. Airlines Bid for Delta’s Dropped Route to Havana: Atlanta-based Delta Air Lines will be dropping its weekly New York to Havana flight beginning Sept. 1, and already three other U.S. airlines have bid for the route. American wants to add another weekly flight from Miami to Havana, JetBlue wants to add another weekly flight […]

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Daily Briefing – July 9, 2018

Castro Receives Personal Letter from Kim Jong-un: Former Cuban President Raul Castro, who remains head of the Cuban Communist Party, received a personal letter from North Korean dictator Kim Jong-un as part of the recent visit to Cuba by senior North Korean officials. Ri Su Yong, vice chairman of the Worker’s Party of Korea (WPK), met […]

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Daily Briefing – July 6, 2018

Cuban Property Fund to List on London Exchange: Aberdeen Standard Investments, a UK-based emerging markets closed-end fund manager, announced that it intends to list Ceiba Investments on the London Stock Exchange. Aberdeen is hoping to raise 100 million pounds sterling ($132 million) for the 17-year-old company, which is the largest fund investing exclusively in Cuba. Ceiba […]

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Daily Briefing – July 5, 2018

Rhodes: Russia Benefits from Trump’s Cuba Policies. Russia was against President Obama’s re-engagement with Cuba, according to former White House deputy national security advisor Ben Rhodes, and is pleased with President Trump’s pullback. According to Rhodes new book, The World As It Is, Russia closely monitored negotiations between the U.S. and Cuba, and was relieved when Trump […]

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Daily Briefing – July 3, 2018

New Oil Drilling in Cuba as Early as December: Australia-based energy company Melbana said yesterday that an oil rig could be in place as early as December to begin drilling on the north shore of Cuba. Melbana Energy Ltd. got the go-ahead from Cuba’s Ministry of Science and Technology in April to drill in a targeted […]

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Daily Briefing – July 2, 2018

Farm Bill Vote Could Come Today: Sen. Claire McCaskill (D-Missouri) said that a vote could come today on the new five-year farm bill, despite attempts by Sen. Marco Rubio (R-Fla.) and Sen. Ted Cruz (R-Texas) to block the legislation. Last week Rubio and Cruz announced their opposition to the bill so long as it included amendments […]

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