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Latin America Caribbean

  • HAVANA, Dec 27- Cuba's economy shrank 0.9 percent this year in tandem with the crisis in its key trading partner Venezuela, its economy minister told the National Assembly on Tuesday in a closed-door speech, predicting a slightly brighter outlook for 2017.. The figure suggests the island nation's economy contracted sharply in the second half of 2016 after the...

  • HAVANA, Dec 27- Cuba's economy shrank 0.9 percent this year due to a fall in exports to its oil-producing allies as they struggled with the long slump in global fuel prices, its economy minister told the National Assembly on Tuesday in a closed-door speech. In excerpts published by official media, Economy Minister Ricardo Cabrisas told the National Assembly...

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • *Freeport faces narrowing window for $18 bln expansion. At stake for Freeport is an $18 billion investment to expand its Grasberg mine- one of the world's biggest deposits of gold and copper- in the eastern Indonesian province of Papua. "Freeport is more politics than business," Hakim told a recent media briefing.

  • HAMBURG, Dec 14- Europe's biggest copper smelter, Aurubis AG, said it expected profit to rebound in the current financial year after reporting a near 40 percent drop in 2015/ 16 earnings on Wednesday, partly due to smelter repairs in Bulgaria. It reported operating earnings for the year ended September of 213 million euros, down from 343 million euros in the...

  • WASHINGTON, Dec 13- President Barack Obama will make his case directly to President-elect Donald Trump not to derail the recent U.S.- Cuba detente, the White House said on Tuesday, insisting that "turning back the clock" would be damaging to American interests and the Cuban people. "Cuba has been and will be on the list of issues where President Obama will make his...

  • ENGAGEMENT WITH CUBA WOULD EMPOWER HARDLINERS IN CUBA DURING UPCOMING LEADERSHIP TRANSITION IN HAVANA.

  • President Barack Obama has made improved internet access a central part of his efforts to normalize relations with Cuba, first announced two years ago. However, Cuba to date has balked at allowing U.S. companies to participate in wiring the country, citing national security concerns. Whether because of a lack of investment or concerns about the flow of...

  • President Barack Obama has made improved internet access a central part of his efforts to normalize relations with Cuba, first announced two years ago. However, Cuba to date has balked at allowing U.S. companies to participate in wiring the country, citing national security concerns. Whether because of a lack of investment or concerns about the flow of...

  • WASHINGTON, Dec 7- U.S. lawmakers joined more than 100 Cuban entrepreneurs on Wednesday to urge President-elect Donald Trump to continue President Barack Obama's engagement with Havana, despite Trump's threat to end detente with the island. "I hope that the next president of the United States, as a businessman, understands our needs," said Yamina Vicente, who owns...

  • WASHINGTON, Dec 7- U.S. lawmakers joined more than 100 Cuban entrepreneurs on Wednesday to urge President-elect Donald Trump to continue President Barack Obama's engagement with Havana, despite Trump's threat to end detente with the island. "I hope that the next president of the United States, as a businessman, understands our needs," said Yamina Vicente, who owns...

  • WASHINGTON, Dec 7- Republican and Democratic U.S. lawmakers joined Cuban entrepreneurs on Wednesday to urge President-elect Donald Trump to continue President Barack Obama's engagement with Havana, despite Trump's threat to end detente with the island. The appeal to Trump from Cuba's fledgling private sector underscored increased uncertainty about...

  • Norwegian Cruise Line said its first ship would set sail to Havana from Miami on March 7 next year, while Royal Caribbean did not specify a date. The Adonia was the first U.S.-owned ship to sail to Cuba from the United States since Fidel Castro's 1959 revolution. Cuba said in April it would lift a ban on Cuban-born citizens entering and leaving the country in...

  • President-elect Donald Trump on Wednesday urging him to continue President Barack Obama's engagement with Havana, despite Trump's threat to end detente with the communist-ruled island. The appeal to Trump from Cuba's fledgling private sector underscored increased uncertainty about future relations between the two former Cold War foes, given his vow to...

  • HAVANA/ WASHINGTON, Dec 6- Cuba and the United States will draw up a roadmap for deepening their detente on Wednesday in a first meeting since the election of Donald Trump as U.S. president and the death of Cuban revolutionary Fidel Castro. The fifth U.S.-Cuban bilateral commission comes at a time of increased uncertainty about the future of U.S.-Cuban...

  • HAVANA/ WASHINGTON, Dec 6- Cuba and the United States will draw up a roadmap for deepening their detente, the Cuban government said on Tuesday, in a first meeting since the election of Donald Trump as U.S. president and the death of Cuban revolutionary Fidel Castro. Wednesday's fifth U.S.-Cuban bilateral commission comes at a time of increased uncertainty about...

  • SANTIAGO, Cuba, Dec 4- Fidel Castro's ashes were laid to rest on Sunday, capping nine days of official mourning when hundreds of thousands of Cubans said farewell with a combination of tears, Castro-like defiance and choruses of "I am Fidel!" Castro gave Cuba an outsized influence in world affairs. Forced to step down due to an intestinal ailment, Castro ceded power to...

  • SANTIAGO, Cuba, Dec 4- Fidel Castro's ashes were laid to rest on Sunday, capping nine days of official mourning when hundreds of thousands of Cubans said farewell with a combination of tears, Castro-like defiance and choruses of "I am Fidel!" He gave Cuba an outsized influence in world affairs, but leaves a mixed legacy. Forced to step down due to an intestinal ailment,...

  • SANTIAGO, Cuba, Dec 4- The family of Fidel Castro began a ceremony on Sunday to inter the revolutionary leader's ashes in the eastern city of Santiago, state media reported, while 600 miles away in the capital of Havana a 21- gun salute echoed through the city. At that moment in Havana, military cannons unleashed a 21- gun salute heard across the capital.

  • SANTA CLARA/ HAVANA, Dec 2- Fidel Castro's death has highlighted a yawning generational gap between older Cubans who remember grim poverty before his 1959 revolution, and youngsters who appreciate free health care and education but fear the 21st century is leaving them behind. Julio Lopez, 77, belongs firmly to the first group. "After the war ended, there was not...