CNBC's Michelle Caruso-Cabrera takes a look at Cuba's new foreign investment law which will allow the existence of foreign-owned businesses.» Read More
HAVANA, Feb 24- Cuba continued to shed state jobs and move workers into the private sector in 2013, according to a report issued by the official labor federation at the weekend, as President Raul Castro pressed forward with reforms to the Soviet-style system.
*EU offers talks to Cuba on trade, investment accord. BRUSSELS, Feb 20- Eleven months before Barack Obama's historic handshake with Raul Castro, Europe staged its own show of friendliness with Cuba. But all this warmth at Nelson Mandela's memorial service in South Africa has brought no radical change and the U.S. trade embargo on Cuba, imposed in 1962, remains.
MIAMI/ HAVANA, Feb 6- U.S. relations with Cuba are at their best in almost two decades, but President Barack Obama seems unwilling or unable to confront a well-organized anti- Cuba lobby and push for further progress.
*EU tries to position itself for future transition in Cuba. BRUSSELS/ MADRID, Jan 30- The European Union will agree next month to deepen relations with Cuba in its most significant overture to the communist nation since diplomatic sanctions were lifted in 2008, people close to the matter told Reuters.
*EU tries to position itself for future transition in Cuba. BRUSSELS/ MADRID, Jan 30- The European Union will agree next month to deepen relations with Cuba in its most significant overture to the communist island since the bloc lifted diplomatic sanctions in 2008, people close to the matter told Reuters.
The implications of Hugo Chavez's illness are enormous, for Venezuela, for the world, and particularly for the U.S., which remains highly dependent on imports of Venezuelan crude.
CNBC's Michelle Caruso-Cabrera reports the Cuban government has released a purported letter from Fidel Castro, amid rumors the former president's health is failing.
HAVANA-- For the first time since the height of the Cold War more than half a century ago, Cuba is giving its people the freedom to leave the country without government permission, scrapping the detested exit visa that kept many from traveling outside the communist nation for even a few days. said Mercedes Delgado, a 73- year-old retiree. "
HAVANA-- Cuba shuttered hundreds of medical facilities last year, including 54 hospitals, as the country reorganizes its health care sector. Cuba is proud of the universal, free health system installed after Fidel Castro's 1959 revolution, but his younger brother and successor Raul Castro has stressed that medical care must be more efficient and less wasteful.
CARACAS, Venezuela-- President Hugo Chavez put to rest any doubts about his masterful political touch in winning a third consecutive six-year term after a bitterly fought race against a youthful rival who has galvanized Venezuela's opposition.
Jalil Rasheed, CEO, Aberdeen Islamic Asset Management explains why the election year and strong domestic consumption are beneficial for stocks like Aeon and IHH.
CNBC's Michelle Caruso-Cabera in Havana with the latest on the Pope's meeting with Fidel Castro.
CNBC's Michelle Caruso-Cabrera has the story on Pope Benedict's visit to Cuba, praying for those denied freedom on the communist island.
CNBC's Michelle Caruso-Cabrera has the story on economic change in Cuba, and Fidel Castro's upcoming meeting with Pope Benedict.
CNBC's Michelle Caruso-Cabrera has the story on Pope Benedict's visit to Cuba as the country sits on the edge of significant economic reform.
From classic cars that still prowl the streets, to the business of tourism, we take you inside Cuba for a look at what life is like for its 11 million citizens.
The pope's visit to Cuba is providing a rare opportunity to see first hand the economic state of one of the last bastions of socialism, and whether or not a few new market-oriented laws are the start of meaningful change.