News Cuba: Cuba’s economic future may depend on rebuilding trust
FIU Business experts Marcos Kerbel and Jerry Haar examine how banking reform, investor trust and export-led growth could shape Cuba’s economic future.
News Cuba: Currency Exchange in Cuba's Black Market: Current Rates for Dollars, Euros, and MLC
This Thursday begins with a deceptive calm in Cuba's informal currency market, masking a worsening reality: the devaluation of the Cuban peso. As rep...
News Cuba: Trump should exact a heavy price for saving Castro’s Cuba
Residents in Havana, Cuba, who had been sitting in darkness for the better part of a day, poured into the streets on Wednesday night. They blocked roads with burning rubbish, erected barricades, and ...
News Cuba: Cuba passes sweeping free-market reforms in biggest economic shift since revolution
Observers on Friday called Cuba’s new free-market reforms the most sweeping economic overhaul of the island’s communist economy since the Cuban revolution, as the grandson of former President Raúl Castro said in an interview that Cuba must seek to move its economy forward.
News Cuba: Is a Stock Exchange in Havana on the Horizon? A Date Is Set
The Cuban-American National Chamber of Commerce (CANCC) has taken a significant step towards establishing a capital market in Cuba. On Wednesday, they...
News Cuba: Dollar and Euro Surge Again in Cuban Black Market: Significant Increase on Sunday
On Sunday morning, the Cuban black market signaled a clear trend: both the dollar and the euro are climbing once more, indicating that the correction ...
News Cuba: Trump promised to hold 30,000 migrants at Guantanamo. A year later, it's mostly empty.
Just eight days after returning to the White House last year, President Trump announced plans to turn the U.S. military base in Guantanamo Bay, Cuba, into a massive detention center to hold 30,000 ...
News Cuba: Is Cuba Adopting China's Economic Model? Vice Prime Minister Óscar Pérez-Oliva Fraga Responds
Óscar Pérez-Oliva Fraga, Cuba's vice prime minister and minister of Foreign Trade and Foreign Investment, has dismissed claims that the Cuban governme...
News Cuba: Abundant Marabú, Scarce Charcoal: Las Tunas Fails to Capitalize on Its Rich Resource
In the first five months of 2026, the province of Las Tunas managed to produce a meager 682 tons of charcoal for export, merely 16% of the planned 4,1...
News Cuba: Cuba pushes through sweeping free-market reforms in biggest economic shift since the revolution
Observers are calling Cuba’s new free-market reforms the most sweeping economic overhaul on the island’s communist economy since the Cuban revolution while the grandson of former President Raúl Castro says in an interview that Cuba must seek to move its economy forward.
News Cuba: Trump administration expands Cuba sanctions, targets key firms and Castro family member
The Trump administration expanded sanctions on Cuba by targeting five entities linked to finance, logistics, mining and steel production, along with a member of the Castro family, in a move aimed at restricting revenue streams supporting the Cuban government.
News Cuba: US exports to Cuba jump as fuel, cars and food get past Trump’s blockade
US exports to Cuba have surged dramatically this year as businesses use a trade loophole to get fuel, appliances, furniture, food and vehicles past President Donald Trump’s wall of sanctions.
News Cuba: Cuba Acquires Unilateral Power To Freeze Bank Accounts Without Warning
The Cuban government has enacted a new law granting the Ministry of the Interior and the Central Bank of Cuba joint authority to freeze financial accounts, property, and other assets on the island without prior notice to the owners. Published on Monday, May 18, 2026, in the Gaceta Oficial de la República de Cuba, Resolution 6/2026 establishes a specialized executive group led by the Technical Directorate of Investigations (DTI).
News Cuba: Marco Rubio Targets Cuba's Financial Stronghold: GAESA Hit with New Sanctions
The Trump Administration unveiled a fresh wave of sanctions on Thursday, aimed squarely at the Cuban military conglomerate GAESA, which Washington vie...
News Cuba: Canadian miner Sherritt pulls out of Cuba on sanctions threat
Sherritt has been mining cobalt and nickel in eastern Cuba since the 1990s, processing the metals at its Alberta refinery. The miner gambled on entering Cuba when Fidel Castro tentatively opened the ...
News Cuba: Cuba Executive Order Exposes Non-U.S. Companies and Financial Institutions to Significant New Sanctions Risk
The May 1 Executive Order (E.O.) significantly expands the authority of the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC),...
News Cuba: New Cuba Sanctions Present Increased Sanctions Risk For Foreign Financial Institutions and Foreign Persons Operating in Targeted Sectors of Cuba’s Economy
On May 1, 2026, President Trump issued an Executive Order (the “Executive Order”) under the International Emergency Economic Powers Act (“IEEPA”)...
News Cuba: Trump Says Cuba Should 'Make A Deal, BEFORE IT IS TOO LATE'
President Donald Trump has put a stop to the flow of Venezuelan oil and financial aid to Cuba, urging Havana to negotiate a deal with Washington. Trump’s move comes amidst escalating tensions between the U.S. and Cuba, a long-standing adversary. Venezuela, which is Cuba’s primary oil supplier, has not shipped any cargoes to the Caribbean nation since the U.S. capture of Venezuelan President Nicolas Maduro earlier this month, due to a stringent U.S. oil embargo on the OPEC country. In the meantim
