Politics Raul Castro

  • MOA, Cuba, June 13- Cuba is trying to reduce costs in the nickel industry to offset losses from low global prices, rather than raising output from 56,000 tonnes annually, industry executives said on a rare tour of one of the communist-led island's plants. "We expected revenue of this order, but the reality today is different," Oliveros Garcell said, during a visit late...

  • France, Italy, Japan, Spain and Russia are among the countries seeking to convince Cuba to sign contracts with their companies for projects to update the Communist-led nation's creaking infrastructure, in return for writing off debt. In December, Cuba struck a general accord with the Paris Club of wealthy nations to forgive $8.5 billion of $11.1 billion in...

  • The head of the Organization of American States, that Venezuela views as a pawn of U.S. policy, this week called for an emergency meeting to discuss a possible censure of the country for violating democratic norms. Meanwhile on Thursday a senior Brazilian official said Brazil may help block Venezuela from taking the rotating presidency of the Mercosur trade...

  • HAVANA, June 4- Puerto Rico has taken the first steps toward opening a commercial office in Cuba, Governor Alejandro Garcia Padilla said on Saturday, on the sidelines of a Caribbean summit in Havana. Garcia Padilla is the first sitting Puerto Rican governor in history to visit Cuba, a "privilege" he said, telling journalist that local officials and the public had...

  • The head of the Organization of American States, that Venezuela views as a pawn of U.S. policy, this week called for an emergency meeting to discuss a possible censure of the country for violating democratic norms. Meanwhile on Thursday a senior Brazilian official said Brazil may help block Venezuela from taking the rotating presidency of the Mercosur trade...

  • HAVANA, May 24- Cuba will recognize small and medium-sized private firms as legal entities, a Communist Party document published on Tuesday showed, a move that could remove obstacles for businesses and foster the emerging private sector. The 32- page document published on Tuesday detailed the party's plan for Cuba's economic development, approved in the...

  • HAVANA, May 18- Cuba's chronic goods trade deficit widened by $1.5 billion in 2015 as exports fell 24 percent and imports rose 3 percent, the government said on Wednesday, in the first data showing a commodity crash has hurt the economy. Cuba orders much of its imports a year in advance. While no statistics are available, revenues from the sale of professional...

  • HAVANA/ BRASILIA, May 12- Brazilian President Dilma Rousseff's suspension from office is bad news for newly trendy Cuba, which despite a detente with Washington is feeling the pinch from a downturn ravaging allies' economies and political fortunes in South America and Africa. Friends such as Venezuela, Brazil and Angola for years used revenue from a...

  • The detente between the United States and Cuba has raised hopes that full commercial ties will soon be restored between the former Cold War foes. "We have talked about a number of projects," he told reporters on the sidelines of an event celebrating a donation by Caterpillar to the foundation that preserves the heritage of U.S. writer Ernest Hemingway in Cuba.

  • HAVANA, April 29- Britain's Foreign Secretary Philip Hammond on Friday praised Cuban President Raul Castro for embracing the realities of the modern world after a meeting with the Communist leader that marked a further step in Cuba's thaw with the West. Cuba still has one of the world's lowest Internet penetrations with access expensive and restricted.

  • HAVANA, April 22- Cuba said on Friday it would lift a ban on Cuban-born citizens entering and leaving the Caribbean island by commercial vessels, opening the way for U.S. cruise operator Carnival Corp to set sail for the country from Miami next week. We want to extend our sincere appreciation to Cuba and to our team who worked so hard to help make this happen, "Carnival...

  • CUBA'S RAUL CASTRO SAYS CURRENT GENERATION OF LEADERS WILL NOT HEAD PARTY AT NEXT CONGRESS, DUE IN FIVE YEARS.

  • CUBA'S RAUL CASTRO TO SERVE SECOND TERM AS HEAD OF COMMUNIST PARTY, NO CHANGES AT TOP- PARTY STATEMENT.

  • ARTEMISA, Cuba, April 14- In Cuban farm country- between sugar cane, vegetable patches and overgrown fallow land a world away from Havana's tourist-filled streets- producers are seething at what they say is the government's backsliding on promised market reforms to make their lives better. "It is still agony to farm," said 36- year-old Martin, whose attempts to grow...

  • Obama's powerful statements in Cuba

    CNBC's Michelle Caruso-Cabrera reports from Cuba after President Obama's speech about the normalization between the U.S. and Cuba.

  • Obama: US and Cuba are like brothers estranged

    President Barack Obama speaks in Cuba about the governments and societies of the two countries and how even through their differences, they still share a great deal.

  • US President Barack Obama, accompanied by first lady Michelle Obama and their daughters Malia and Sasha, arrives at the Jose Marti international airport in Havana, Cuba March 20, 2016.

    As the United States and Cuba start to normalize relations, traders picked stocks that could benefit from business on the island.

  • U.S. President Barack Obama shakes hands with Cuban President Raul Castro after a news conference as part of Obama's three-day visit to Cuba, in Havana March 21, 2016.

    President Obama said that the two countries had enough in common to negotiate a slow warming of relations, NBC News reports.

  • Pres. Obama, Pres. Castro answer questions

    CNBC's Michelle Caruso-Cabrera reports from Cuba about the historic press conference between U.S. President Barack Obama and Cuban President Raul Castro.

  • Castro answers questions from Western press

    The Power Lunch panel and Michelle Caruso-Caberera react to Cuba's Raul Castro answering press questions.