Friday, March 31, 2006
Cuba, Sí
Here's an account in the Milwaukee Journal Sentinel by travel writer Rich Wood. His trip was approved by the U.S. State Department as humanitarian. He was with a local church group working on setting up new churches in Cuba.
President Castro warned Cubans of a coming invasion by Americans. ¶ 3/31/2006 05:47:00 PM
After living under almost 50 years of rule by 79-year-old communist dictator Fidel Castro, Cubans on the street believe their country will embrace the reforms and democracy that have spread to other communist countries. But the catalyst for change will be the death of Castro.... Most Cuban families live on a government salary averaging $15 per month, plus monthly subsidies of a few eggs and rice. If travel restrictions end when Castro dies, and the U.S. lifts its embargo and travel restrictions, tourism is expected to be the economic engine that will transform the country into a premier tourist destination.
President Castro warned Cubans of a coming invasion by Americans. ¶ 3/31/2006 05:47:00 PM
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Sounds like the HAL9000 if played by Desi Arnaz.
Costa Rica's a bit far for some people. What are the prospects for real estate investment in Cuba (long term, of course)?
Costa Rica's a bit far for some people. What are the prospects for real estate investment in Cuba (long term, of course)?
The economy of Cuba is a largely state-controlled, planned economy overseen by the Cuban government, though there remains significant foreign investment and enterprise in Cuba. Most of the means of production are owned and run by the government sportsbook and most of the labor force is employed by the state. There is a trend towards more private sector employment. In the year 2000, the public sector employment was 76% and the private sector at 23% compared to the 1981 ratio of 91% to 8%. Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods to citizens. The present Cuban Minister of Economy and Planning is José Luis Rodríguez García.
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