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Politics Raul Castro


  • HAVANA/ WASHINGTON, July 1- The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. "Cuba is encouraged by the reciprocal intention to develop respectful and cooperative relations between our two peoples and governments," Raul...

  • WASHINGTON, June 30- The Obama administration on Wednesday will announce it has reached an agreement with Cuba to reopen embassies and restore diplomatic relations severed more than five decades ago, U.S. officials said on Tuesday. President Barack Obama, in Washington, and Secretary of State John Kerry, in Vienna for Iran nuclear talks, will both address the...

  • HAVANA, June 22- Detente with the United States appears to have helped Cuba's communist economy, which officials expect to grow 4 percent in the first half of 2015, in line with official forecasts. Gross domestic product growth was up from 1.3 percent, the latest official estimate for all of 2014. In December, Cuba aggressively forecast 4 percent growth for 2015...

  • HAVANA, June 8- Cuba and the Paris Club of wealthy creditor nations have agreed that Cuba owes $15 billion stemming from a 1986 default, an important first step toward renegotiating the debt, Western diplomats said. The figure represents the total that Cuba owes 16 Paris Club nations from its 1986 default and includes principal, service charges, interest and...

  • A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...

  • NBA tests waters in Cuba, but not everyone's happy Tuesday, 14 Apr 2015 | 2:29 PM ET
    Pau Gasol of the Chicago Bulls wearing a Los Bulls uniform, March 1, 2015, in Chicago.

    The NBA is going to the island nation for a youth basketball camp, but political undertones may force the league to tread lightly.

  • Making peace with Cuba Monday, 13 Apr 2015 | 8:57 AM ET
    Making peace with Cuba

    William Daley, White House chief of staff, shares his thoughts on the restoration of U.S.-Cuba relations.

  • US & Cuba talk, Cuban media yawns Wednesday, 21 Jan 2015 | 2:24 PM ET
    US & Cuba talk, Cuban media yawns

    The United States and Cuba hope to restore diplomatic relations this week, including reopening the U.S. embassy in Cuba, reports CNBC's Eamon Javers.

  • Historic day in Cuba Wednesday, 21 Jan 2015 | 10:26 AM ET
    Historic day in Cuba

    A delegation from the U.S. will begin historic talks with Cuban officials today, reports CNBC's Eamon Javers.

  • Liberalizing Cuba's economy Monday, 22 Dec 2014 | 1:24 PM ET
    Liberalizing Cuba's economy

    CNBC's Michelle Caruso-Cabrera takes a close look at Cuba's economy and the changes that have taken place in the Republic since Fidel Castro stepped aside.

  • President Barack Obama

    "I am sympathetic to the concerns that they faced. Having said all that, yes, I think they made a mistake," Obama said of Sony's decision.

  • Cooperman: Not interested in Cuba as an investment Wednesday, 17 Dec 2014 | 1:23 PM ET
    Leon Cooperman, Chairman and CEO of Omega Advisors

    Leon Cooperman offered insight into the market effects of the changes in U.S. economic policy with Cuba in an interview with CNBC.

  • Obama-Castro: Has 'the fever' broken? Wednesday, 17 Dec 2014 | 12:27 PM ET
    Calle Ocho in Little Havana, Miami.

    Obama's move to normalize relations with Havana is raising the promise in South Florida that it will finally open up Cuba's economy.

  • Obama: We will end an outdated approach toward Cuba Wednesday, 17 Dec 2014 | 12:03 PM ET
    President Barack Obama speaks about the economy, Thursday, Oct. 2, 2014, at Northwestern University in Evanston, Ill.

    US President Barack Obama spoke Wednesday about overhauling the US relationship with Cuba, which has been strained for years.

  • Inside Cuba: Photos from Havana Wednesday, 17 Dec 2014 | 10:31 AM ET

    The US government is opening up to Cuba. Here are pictures of life in Havana, and what changes the country has been undergoing.

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

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

  • 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.

  • Cuba Throws Support Behind Snowden Asylum Offers Monday, 8 Jul 2013 | 11:38 AM ET
    Cuban President Raúl Castro

    Cuban President Raul Castro called NSA leaker Edward Snowden a man persecuted for his ideals, while fallout from the revelations continued elsewhere in Latin America.

  • venezuela chavez--1896683964_v2.jpg

    At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.

  • If Chavez Dies, What's Next for the US and Venezuela? Friday, 21 Dec 2012 | 11:25 AM ET
    Hugo Chavez wins election.

    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.