News round up
Brazil plans to offer $500 million in financing to Cuba. Brazilian President Luiz Inacio Lula da Silva will be in Havana today, reports Valor Economico. Lula is expected to announce agreements allowing Petroleo Brasileiro SA to explore oil in areas in the Gulf of Mexico that are controlled by Cuba, where Petrobras will build a lubricant factory.
Commentary on a new No. 2 in Cuba.
Carlos Lage, who has gained importance as a political actor in Cuba’s hierachy, evaluates housing construction in Villa Clara.
Cuban Government further lowers housing construction goals.
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