Daily Briefing – June 19, 2018

Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+

Cruise Travel to Cuba Soaring: The number of cruises to Cuba, and Caribbean cruises with ports of call in Cuba, has risen astronomically since 2015, reports the UK’s Telegraph. So far this year more than 500,000 cruise passengers have visited Cuba, with 700,000 expected by year’s end. This compares with 397,520 last year and 37,513 the year before. In addition to major cruise lines such as Carnival and NCL, a slew of smaller, luxury and discovery cruise lines are targeting Cuba. While nearly ten times as many visitors arrived by air last year, growth in overseas arrivals by plane is expected to slow down this year. (Telegraph)

Pennsylvania State Senator Calls for Open Trade with Cuba: Republican Pennsylvania State Sen. Guy Reschenthaler says that the U.S. is virtually alone on the world stage regarding Cuba and should change its policies. Reschenthaler has co-sponsored a state senate resolution urging Congress to normalize U.S. relations with Cuba and eliminate trade barriers that prevent U.S. agriculture from exporting to Cuba and American manufacturers from investing in Cuba. Pennsylvania recently became the 18th state to join Engage Cuba, a national coalition opposed to the U.S. embargo against Cuba. (Reading Eagle)

Tampa Scientists Continue Coral Research in Cuba: The Center for Conservation at Tampa’s Florida Aquarium is continuing its research program on coral restoration, despite efforts by the Trump administration to reverse engagement with Cuba. The program, which began in August 2015, partners scientists from the Florida Aquarium with those from Cuba’s National Aquarium. Last month, a delegation from the Florida Aquarium visited Cuba to work on expanding an underwater coral nursery off the island’s west coast. The nursery is being used to produce egg and sperm bundles to help restore dying Florida reefs through sexual reproduction. (Tampa Bay Times)

Cuba Opens International Convention to Attract FDI: The 3rd International Convention and Exhibition of Cuban Industry (CubaIndustria 2018) opened yesterday in Havana. Representatives from 30 countries, including China, Russia, Spain, Germany and Italy, are expected to attend. One focus of the convention will be investments in the Special Economic Development Zone at Mariel, the mega-port 30 miles west of Havana. According to Cuba’s Minister of Foreign Investment and Trade, Rodrigo Malmierca, Cuba needs $2.5 billion in foreign direct investment annually to achieve sustainable development. (Xinhua News)

Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+
No comments yet.

Leave a Reply