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  • AIRLINES CAN SCHEDULE 20 ROUND-TRIP FLIGHTS PER DAY TO HAVANA, AND 10 TO EACH OF THE NINE OTHER INTL AIRPORTS IN CUBA- U.S.

  • WASHINGTON/ NEW YORK, Dec 17- The United States and Cuba have agreed to restore scheduled commercial airline service between the two countries, the two countries said on Thursday, the first anniversary of the Cold War foes' announcement they would normalize relations. The deal, the latest step this year to restore U.S.- Cuba ties after more than half a century of...

  • An agreement would pave the way for U.S. airlines to schedule flights to Cuba that travelers could book directly from their websites, which could boost tourism and business on the Communist-ruled island. The Associated Press, citing unnamed officials, reported earlier on Wednesday that the United States and Cuba had reached "an understanding" on restoring...

  • HAVANA/ PARIS, Dec 15- Paris Club creditor nations have forgiven $8.5 billion of Cuba's $11.1 billion debt and restructured payments on the remainder with easy terms but the deal imposes severe penalties if Cuba falls behind again, according to a copy of the accord seen by Reuters. It calculates Cuba's total debt to Paris Club members at $11.1 billion, which is...

  • WASHINGTON, Dec 14- The U.S. Supreme Court on Monday declined to revive a human rights lawsuit against Occidental Petroleum Corp and a security contractor that had accused them of complicity in a deadly 1998 bombing by Colombia's military of a village in the South American country. The court left intact a November 2014 ruling by the 9th U.S. Circuit Court of...

  • LONDON, Dec 14- MSC Cruises will this week become the first major liner to start operations in Cuba, part of its efforts to grow a global presence, the Swiss group's chief executive said. Privately-owned MSC Cruises, the world's fourth biggest line, said while its cruises were not currently being offered to U.S. customers, bookings by Europeans and Canadians had...

  • BOGOTA, Dec 9- A peace accord with Colombia's Marxist FARC rebels could triple foreign direct investment in the Andean nation and bolster its potential economic growth to 5.9 percent, according to a study by the planning department released on Wednesday. The government has been in talks with the Revolutionary Armed Forces of Colombia for the past three years...

  • Cuba wants at least $121 billion in reparations for the U.S. trade embargo and other acts it describes as aggressions against the Communist-led island. "This meeting is the first step in a complex process that may take some time, but the United States views the resolution of outstanding claims as a top priority for normalization," said a State Department official...

  • Some 5,913 U.S. corporations and individuals have been awarded $1.9 billion worth of claims for factories, farms, homes and other assets that were nationalized in Cuba after Fidel Castro's rebels came to power on Jan. 1, 1959. Those claims, registered with the U.S. Justice Department's Foreign Claims Settlement Commission, are now worth roughly $8 billion when...

  • CARACAS, Dec 7- Venezuela's opposition vowed on Monday to revive the OPEC nation's troubled economy and free jailed political activists after winning control of the legislature for the first time in 16 years of Socialist rule. "It's a great opportunity for us, this protest vote," prominent opposition leader Henrique Capriles said following a win attributed...

  • CARACAS, Dec 7- Triumphant opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government, but also promised not to go after political foes. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's vote that punished...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The opposition Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists...

  • JAKARTA, Dec 4- The operator of one of the world's biggest copper and gold mines was at the centre of a major political scandal in Indonesia after confirming that the speaker of parliament tried to extort shares from the company to ensure its contract extension. Freeport generated 8.4 percent of its revenue last year from Indonesia. The contract extension and...

  • CAMAGUEY, Cuba, Nov 25- When Julio Manzini decided two years ago to name his small restaurant McDonald's after the famous fast-food chain, he had no idea it could cause any trouble. His counterfeit McDonald's illustrates a potential battlefront between Cuba and the United States over trademark and intellectual property rights as Cuba's economy opens up to...

  • *Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...

  • WASHINGTON, Nov 10- The U.S. Senate overwhelmingly passed a sweeping defense policy bill on Tuesday and the White House said President Barack Obama will sign it, despite provisions making it more difficult to close the military prison at Guantanamo Bay, Cuba. Together with extending a ban on transferring Guantanamo detainees to the United States, the bill...

  • WASHINGTON, Nov 10- The U.S. Senate overwhelmingly passed a sweeping defense policy bill on Tuesday and the White House said President Barack Obama is likely to sign it, despite provisions that make it more difficult to close the military prison in Guantanamo Bay, Cuba. Together with extending a ban on transferring Guantanamo detainees to the United States, the...

  • WASHINGTON, Nov 10- The U.S. Senate on Tuesday overwhelmingly passed a sweeping defense policy bill that contains provisions that could make it more difficult for President Barack Obama to close the controversial detention center at Guantanamo Bay, Cuba. Obama is expected to submit his plan to close the facility this week, but any plan would face stiff...

  • WASHINGTON, Nov 10- The U.S. Senate overwhelmingly passed the National Defense Authorization Act on Tuesday, including $5 billion in spending cuts not contained in a version of the bill vetoed by President Barack Obama last month. As voting continued, the vote was 72-3 for the measure, which authorizes more than $600 billion in defense spending.