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  • U.S. House poised to reject Pentagon's cost-cutting plans Wednesday, 21 May 2014 | 9:19 PM ET

    WASHINGTON, May 21- The House of Representative on Wednesday edged toward passage of an annual defense policy bill that rejects Pentagon plans to retire older weapons systems and slow the rise in military pay as it implements long-term spending cuts ordered by Congress.

  • HAVANA, May 9- In a land where the potato is scarce, black marketeers peddle tubers in hushed tones, like drug dealers on a big city street corner. Despite market-oriented reforms enacted by President Raul Castro, the communist-run country still encounters chronic shortages.

  • HAVANA, April 13- Cuba's slow, cautious reforms to revive its state-run economy suddenly burst into life at businesses like Karabali, a Havana nightclub owned by a 21- member cooperative.

  • *France looking to expand business ties to Latin America. HAVANA, April 12- France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.

  • HAVANA, April 12- France's foreign minister arrived in Cuba on Saturday for a brief but historic visit, the first by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.

  • KINGSTON, April 11- Cuba is protesting the decision by PriceSmart Inc, a major U.S.-based bulk-shopping warehouse, to suspend memberships of shoppers from the communist country at its Jamaica subsidiary, Cuban officials said on Friday.

  • Cuba approves law to attract foreign investment Saturday, 29 Mar 2014 | 2:38 PM ET
    Modern times, technologies of yesteryear

    Cuba's National Assembly passed a new foreign investment law designed to bring badly needed capital to the communist economy.

  • Cuban govt. interested in US investment     Thursday, 27 Mar 2014 | 2:28 PM ET

    New Cuban law will allow foreign investors to 100 percent of a business there. Thomas Herzfeld of Thomas J. Herzfeld Advisors, provides guidelines for U.S. investors.

  • Cuba new law expected to be approved     Thursday, 27 Mar 2014 | 2:26 PM ET

    CNBC's Michelle Caruso-Cabrera outlines new Cuban law, including foreign investors can own 100 percent of a business there, and a promise of no expropriations.

  • Will new Cuba law be a game changer? Thursday, 27 Mar 2014 | 2:22 PM ET

    Foreigners looking to invest in Cuba should keep in mind the country still lacks rule of law and protection of property rights, one attorney warns.

  • Cuba's new business rules     Thursday, 27 Mar 2014 | 6:43 AM ET

    CNBC's Michelle Caruso-Cabrera takes a look at Cuba's new foreign investment law which will allow the existence of foreign-owned businesses.

  • Cuba to allow wholly owned foreign companies: NBC     Wednesday, 26 Mar 2014 | 1:51 PM ET

    CNBC's Michelle Caruso-Cabrera reports on the new Cuban investment law.

  • CARACAS, March 21- While hemophilia sufferer Sergio Tovar lay in agony for five days at a hospital in Venezuela, his friends and family scoured hospitals and pharmacies looking for life-saving drugs. Eventually a cousin, Jenny Sequeda, helped find a substitute for the protein coagulant Tovar needs for his blood condition.

  • This country is Venezuela's biggest loser Tuesday, 18 Mar 2014 | 11:16 AM ET
    Opposition activists protest near the Cuban Embassy in Caracas, Venezuela, on March 16, 2014.

    As Venezuela's economic woes deepen and violent clashes increase, Cuba's economy is walking on a tight rope.

  • Tour pros hopeful U.S. may ease Cuba travel rules Monday, 3 Mar 2014 | 4:12 PM ET
    Members of Metamovements Latin Dance perform at a panel featuring John McAuliff of the Fund for  Reconciliation and Development, Ray McGrath of the State Department and Yves Marceau of Road Scholar.

    About half a million Americans legally travel to Cuba every year, and tour professionals are hopeful that policies may change to allow more.

  • Castro warns entrepreneurs against going too far Saturday, 21 Dec 2013 | 3:34 PM ET
    President Barack Obama (L) shakes hands with Cuban President Raul Castro during the official memorial service for former South African President Nelson Mandela at FNB Stadium December 10, 2013 in Johannesburg, South Africa.

    President Raul Castro issued a stern warning to entrepreneurs pushing the boundaries of Cuba's economic reform.

  • The No. 1 cigar of 2013 is ...     Wednesday, 18 Dec 2013 | 10:55 AM ET

    Gordon Mott, executive editor of Cigar Aficionado, showcases this year's top three cigars and explains why this is the "golden age" of cigars.

  • RBS to pay $100 million in US sanctions probe Wednesday, 11 Dec 2013 | 2:23 PM ET

    Royal Bank of Scotland will pay $100 million to resolve U.S. probes into whether the bank violated U.S. sanctions laws against Iran, Sudan, Burma and Cuba.

  • Tropical Storm Karen churns toward Gulf Coast Thursday, 3 Oct 2013 | 12:28 PM ET
    The projected path of Tropical Storm Karen.

    The first storm of the Atlantic hurricane season to threaten the United States formed Thursday and was on a path for the Gulf Coast.

  • Now legal in Cuba: Real estate agents Wednesday, 2 Oct 2013 | 10:34 AM ET
    Havana, Cuba

    Real estate agents on the island of Cuba have had to work in the shadows, fearing arrest. Until now.