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  • Californians want rum-crazy Cuba to start drinking wine Wednesday, 3 Feb 2016 | 12:00 AM ET

    HAVANA— The 3.5 million tourists who flooded Cuba last year downed oceans of mojitos, lakes of daiquiris and rivers of thin, sour beer. Thousands of private restaurants have cropped up around Cuba in recent years under economic reforms designed to soften the shock of cutbacks in the troubled state-controlled economy. Cava Exports, a two-year-old company...

  • PARIS— Cuban President Raul Castro held a series of meetings with senior French officials on Tuesday, the second day of a state visit to France aimed at boosting business ties between the two countries. His schedule in Paris on Tuesday included meetings with UNESCO chief Irina Bokova, Prime Minister Manuel Valls and Paris Mayor Anne Hidalgo.

  • PARIS, Feb 2- Cuba sought to drum up foreign investment on Tuesday as ministers on a state visit to Paris promised French business leaders that the Communist-run country is open for business. Cuba saw growth reach 4 percent last year as the centrally-planned economy gradually opens up and the country re-builds ties with the West. Ricardo Cabrisas Ruiz, Cuba's...

  • PARIS, Feb 1- France agreed on Monday to convert half of Cuba's debt arrears to Paris into investment projects during a visit by Cuban President Raul Castro to the French capital to forge closer ties. As relations between Washington and Havana warm, France has been eager to build closer financial and commercial ties with Cuba. France and other Paris Club...

  • France calls on US to lift economic embargo on Cuba Monday, 1 Feb 2016 | 3:58 AM ET

    PARIS— France called on the U.S. to lift the economic embargo against Cuba during a historic state visit Monday by the Caribbean island's president aimed at boosting economic relations between Havana and Paris. "We appreciate France's traditional position in favor of the lifting of the economic, commercial and financial embargo from the United States...

  • PARIS— Raul Castro is coming to France for the first-ever state visit of a Cuban president to the land of wine and gastronomy, a trip that could boost French investments and promote stronger economic, cultural and tourist ties between Paris and Havana. France, to which Cuba owed $4 billion in overdue loans, led the creditors' negotiations. France hopes to see some...

  • PARIS, Jan 29- France is to sign a deal with Cuba next week to ease the Caribbean island nation's bilateral debt to Paris during a visit by the Cuban president to the French capital, a diplomatic source said on Friday. With ties between Washington and Havana warming, France is eager to further improve relations with Cuba starting with a visit by French President...

  • HAVANA, Jan 20- Cuba is backtracking on some key agricultural reforms and experimenting with restoring price controls in the face of public demands that the government tame rising food costs. In central Ciego de Avila province, the government will resume "the old strategy" of buying and transporting all crops once it receives more vehicles from the central...

  • HAVANA, Dec 29- Cuba is forecasting that economic growth will halve in 2016 to 2 percent from this year, and Cuban President Raul Castro on Tuesday blamed the decline on falling export revenues. The collapse of oil prices punishes Cuba under the terms of its oil deal with Venezuela. Cuba receives more than 100,000 barrels of oil per day as part of an exchange that...

  • WASHINGTON/ NEW YORK, Dec 17- The United States and Cuba have agreed to restore scheduled commercial airline service for the first time in more than five decades in a deal allowing 110 round-trip flights a day between the former Cold War foes. The United States and Cuba have agreed to allow 110 round-trip flights on U.S. airlines to Cuba per day, according to Thomas...

  • WASHINGTON/ NEW YORK, Dec 17- The United States and Cuba have agreed to restore scheduled commercial airline service between the two countries for the first time in more than five decades, exactly a year after they started the process of normalizing relations. The United States and Cuba have agreed to allow 110 round-trip flights on U.S. airlines to Cuba per day,...

  • WASHINGTON/ NEW YORK, Dec 17- The United States and Cuba have agreed to restore scheduled commercial airline service between the two countries, the two countries said on Thursday, the first anniversary of the Cold War foes' announcement they would normalize relations. The deal, the latest step this year to restore U.S.- Cuba ties after more than half a century of...

  • HAVANA/ PARIS, Dec 15- Paris Club creditor nations have forgiven $8.5 billion of Cuba's $11.1 billion debt and restructured payments on the remainder with easy terms but the deal imposes severe penalties if Cuba falls behind again, according to a copy of the accord seen by Reuters. It calculates Cuba's total debt to Paris Club members at $11.1 billion, which is...

  • LONDON, Dec 14- MSC Cruises will this week become the first major liner to start operations in Cuba, part of its efforts to grow a global presence, the Swiss group's chief executive said. Privately-owned MSC Cruises, the world's fourth biggest line, said while its cruises were not currently being offered to U.S. customers, bookings by Europeans and Canadians had...

  • Some 5,913 U.S. corporations and individuals have been awarded $1.9 billion worth of claims for factories, farms, homes and other assets that were nationalized in Cuba after Fidel Castro's rebels came to power on Jan. 1, 1959. Those claims, registered with the U.S. Justice Department's Foreign Claims Settlement Commission, are now worth roughly $8 billion when...

  • CARACAS, Dec 7- Venezuela's opposition vowed on Monday to revive the OPEC nation's troubled economy and free jailed political activists after winning control of the legislature for the first time in 16 years of Socialist rule. "It's a great opportunity for us, this protest vote," prominent opposition leader Henrique Capriles said following a win attributed...

  • CARACAS, Dec 7- Triumphant opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government, but also promised not to go after political foes. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's vote that punished...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's...

  • HAVANA, Dec 7- Cuba is near a deal with 15 rich creditor nations of the Paris Club to restructure $16 billion in debt stemming from a 1986 default, with creditors expected to forgive most of the amount owed, diplomats close to the talks said. Cuba has secured investment agreements from creditors in previous debt negotiations and is seeking similar commitments...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The opposition Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists...