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Raul Castro

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  • HAVANA, Sept 2- Cuba's experiment with free-market reforms has unintentionally widened the communist-led island's racial divide and allowed white Cubans to regain some of the economic advantages built up over centuries.

  • HAVANA, Sept 1- Cuba has raised duties and restricted imports on consumer goods brought in by air travelers or sent by mail, imposing greater hardship for a fledgling private sector and angering people looking to counter chronic shortages.

  • Cuba struggles to attract investors despite reforms Thursday, 21 Aug 2014 | 1:04 PM ET

    HAVANA, Aug 21- Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.

  • HAVANA, July 23- Chinese President Xi Jinping ended an eight-day trip through Latin America on Wednesday with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.

  • HAVANA, July 21- Chinese President Xi Jinping begins a two day visit to Cuba on Monday evening, stirring hopes on the island that China will finally invest in the country after a number of important deals never materialized.

  • HAVANA, July 11- Russian President Vladimir Putin pledged to help revive Cuba's struggling offshore oil exploration on Friday at the start of a six-day tour of Latin America as Russia aims to reassert its influence on the communist-ruled island.

  • HAVANA, July 7- Cuba has prosecuted and is likely to send Canadian businessman Cy Tokmakjian to prison after he denounced corruption in the Havana government's awarding of contracts, his company said on Monday. "Cy Tokmakjian spoke out against corruption as it was clear the company was losing contracts to others for unexplained reasons.

  • Prosecutors are also seeking a total of $91 million in fines or forfeitures from three Canadians and 14 Cubans in a case that has been closely watched by potential investors wary of how Cuba treats foreign executives.

  • Cuba puts Canadian exec on trial; some investors put off Wednesday, 18 Jun 2014 | 1:57 PM ET

    HAVANA, June 18- A Canadian executive held in Cuba for nearly three years has gone on trial on bribery charges in a case closely watched by potential investors who are wary of how Cuba treats foreign executives.

  • HAVANA, May 29- The head of the U.S. Chamber of Commerce on Thursday urged Cuba to speed up and extend market-style economic reforms, saying world investors would respond and that it might be the best path toward better relations with the United States.

  • HAVANA, May 27- The head of the U.S. Chamber of Commerce praised the growth of free enterprise in Cuba upon his arrival in Havana Tuesday at the start of a three-day visit that was criticized by a leading supporter of the U.S. embargo in Washington.

  • 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.

  • CARACAS, May 2- President Nicolas Maduro is introducing a controversial shopping card intended to combat Venezuela's food shortages but decried by critics as a Cuban-style policy illustrating the failure of his socialist policies.

  • HAVANA, April 16- Cuba's troubled sugar industry has entered the final stretch of this year's harvest, straining to equal last season's output of 1.6 million tonnes of raw sugar as the summer heat and rains begin. Only a handful of Cuba's 13 sugar producing provinces appear in position to meet their plans with all 48 mills that opened still grinding.

  • 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, March 31- Cuba has declared itself open for business with a new foreign investment law but faces deep skepticism given a history that includes jailing foreign executives and attempting to seize greater control of businesses once they prove successful.

  • 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.

  • HAVANA, March 29- Cuba's National Assembly is set to pass a new foreign investment law on Saturday that aims to bring badly needed capital to the communist economy by offering steep tax cuts and promising a climate of investment security.

  • 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.