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  • HAVANA, Jan 22- The United States and Cuba began historic discussions on restoring diplomatic relations on Thursday, aiming to reach agreement on the opening of embassies in each other's countries. Senior U.S. officials say they hope Cuba will agree to reopen embassies and appoint ambassadors in each other's capitals in coming months. The United States also...

  • HAVANA, Jan 22- The United States and Cuba launch talks on Thursday on restoring diplomatic relations after a contentious session on immigration accentuated the difficulties in overcoming half a century of hostilities. Senior U.S. officials say they hope Cuba will agree to reopen embassies and appoint ambassadors in each other's capitals in coming months.

  • HAVANA, Jan 21- The United States and Cuba clashed over immigration policy on Wednesday at the first session of high-level talks seeking to restore diplomatic ties between the Cold War adversaries. President Barack Obama and his Cuban counterpart Raul Castro announced on Dec. 17 they had reached a historic breakthrough after 18 months of secret negotiations.

  • HAVANA, Jan 21- The highest-level U.S. delegation to Cuba in 35 years began talks on Wednesday aimed at restoring diplomatic relations and eventually opening up full trade and travel ties between two adversaries locked in Cold War-era hostilities. He also urged Congress to start work on ending the embargo but critics at home say Obama first needs to win...

  • WASHINGTON, Jan 18- President Barack Obama will deliver his State of the Union address before a joint session of Congress on Tuesday at 9:00 pm EST. The White House has signaled repeatedly that tax reform would be a potential area of compromise with the Republican-controlled Congress. He will also push for Trade Promotion Authority to speed trade deals...

  • Jan 17- New York Governor Andrew Cuomo will lead one of the first trade missions to Cuba from the United States since the Obama administration loosened travel and trade restrictions on the Communist-ruled Caribbean island, his office confirmed on Saturday. The announcement came as Vermont Democratic Senator Patrick Leahy set off on the first congressional...

  • WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to significantly ease sanctions on Cuba, opening up the country to expanded U.S. travel, trade and financial activities. The 54- year-old U.S. embargo on Cuba will remain in place- only Congress can lift it. Congressional critics of Obama's shift say that Washington should not be...

  • UPDATE 2-U.S. rolls out new Cuba rules on trade, travel Thursday, 15 Jan 2015 | 10:42 AM ET

    WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to significantly ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. The Treasury and Commerce Departments issued a package of new rules that will allow U.S. exports of telecommunications,...

  • UPDATE 1-U.S. takes first steps to ease Cuba embargo Thursday, 15 Jan 2015 | 9:34 AM ET

    WASHINGTON, Jan 15- The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. The Treasury and Commerce Departments issued a package of new rules that will allow U.S. exports of telecommunications, agricultural and...

  • Tour operators hope a fledgling detente between Cuba and the United States, announced last month, will lure hundreds of thousands of U.S. tourists to enjoy the island's once forbidden fruits: its white beaches, colonial cities, fine cigars and rum, and the vintage American cars on its streets. They also know that Cuba has to improve its offering.

  • HAVANA, Dec 26- Luis Abel Bango spent seven years searching for his dream car, a 1957 Chevy Bel Air. Out in the provinces, central Cuba. Cuba and the United States agreed last week to restore diplomatic ties that were cut off after the revolution, when the tail fin was still a recent innovation in automotive design.

  • HAVANA/ MIAMI, Dec 22- International rivals have a clear head start in Cuba but U.S. companies could catch up quickly if the economic embargo that has kept them away is dismantled in a new era of cooperation between Washington and Havana. "We've found it to be quite a stable and good place to do business and have had a lot of success there," said David Pathe, the chief...

  • MIAMI, Dec 21- For a handful of Cuban-Americans, President Barack Obama's new Cuba policy wasn't much of a shocker. "There is a clear understanding in the White House that politically they are going to have to focus on and cultivate the younger generation of Cuban-Americans who are mobilized and out there supporting the president's decision," said Frank Mora, a...

  • President Obama announced on Wednesday he would restore diplomatic ties with Cuba and start dismantling economic sanctions, Americans have been filing into the cigar shop at the Hotel Nacional in Havana, where she hand-rolls cigars using techniques little changed since the 19th century. Cigars have been Cuba's signature product ever since Christopher...

  • Cuba debt, often inert, moves on political winds Friday, 19 Dec 2014 | 2:14 PM ET

    NEW YORK, Dec 19- The historic breakthrough in U.S.- Cuba relations closes a Cold War chapter but leaves unresolved issues that investors need to pick through carefully, with Cuba's opaque economics and financial health poorly understood in world markets. Cuba has effectively been shut out of global financial markets for decades. said Thomas Herzfeld, a Miami...

  • HAVANA, Dec 18- From bus drivers to bartenders and ballet dancers, many Cubans are already imagining a more prosperous future after the United States said it will put an end to 50 years of conflict with the communist-run island. Old Havana is a center of Cuba's tourism industry and boasts fine colonial buildings, some exquisitely restored but others in disrepair.

  • UPDATE 2-Obama has power to further weaken Cuba sanctions Wednesday, 17 Dec 2014 | 8:15 PM ET

    With Republicans due to take control of both the U.S. House of Representatives and the Senate in January, the chance of lawmakers scrapping all sanctions on Cuba soon is almost zero. The sanctions on Cuba are tighter than those against other U.S. adversaries such as Iran and Russia although America sends food and medicine to Cuba. A president can loosen trade bans...

  • NEW YORK, Dec 17- A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company rank among the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba. While the Cuban economy is small, with gross domestic product of roughly $70 billion, according to the World Bank,...

  • Dec 17- After twenty years, Thomas Herzfeld's long bet on Cuba is paying off. The Miami Beach- based portfolio manager behind the $25.3 million Herzfeld Caribbean Basin fund, the only Cuba- focused fund in the United States, watched its shares soar more than 40 percent at one point on Wednesday after President Barack Obama's surprise move to thaw relations with the...

  • HAVANA/ WASHINGTON, Dec 17- President Barack Obama announced the United States would restore diplomatic relations it severed with Cuba more than 50 years ago, drawing resistance from lawmakers opposed to reconciling with the communist-run island. Obama said the moves were made possible by Havana's release of American Alan Gross, 65, who had been imprisoned...