Cuba

Slow and cautious transitional measures

January 15, 2012

Stratfor‘s 2012 forecast for Cuba: Cuba’s slow and cautious transitional measures can be expected to continue in 2012. Key reforms such as making credit and private property available to individuals are under way, and similar reforms, including attempts to loosen travel restrictions, can be expected in the next year. Cuba’s ultimate international challenge is to balance the [...]

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Defense cooperation between South Africa and Cuba

January 14, 2012

South Africa and Cuba signed a memorandum Jan. 10 to put a stamp on the cooperation between the two country’s armies. Defence Minister Lindiwe Sisulu signed the memorandum of understanding with [Division General] Ulises Rosales del Toro, the vice-president of Cuba’s council of ministers. The two countries have already worked together in the past, but [...]

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Cuba & Venezuela will jointly build coastal patrol boats

January 11, 2012

An agreement has been signed between the Venezuelan Defense Ministry and Cuban Transportation Ministry to jointly build patrol boats for the Venezuelan Navy in Puerto Cabello (Carabobo), announced Admiral Diego Alfredo Molero Bellavia (Commander General, Venezuela Navy). The project has been under development for six years. These Págalo class patrol boats (built by the Dutch [...]

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Key political risks to watch

January 4, 2012

Reuters‘ near term alert to key politcal risks to monitor in Cuba: Resolution of outstanding short-term debt. Signs of increased interest in foreign investment. U.S. inspection of drilling rig. Results of Repsol’s exploratory well. U.S. pressure to stop the drilling. Furthermore, on international relations: A planned Papal visit in March and improved ties with Brazil are bright [...]

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Investing in Cuba is highly risky

January 1, 2012

Dun & Bradstreet’s Country Risk Services forecasts plans to modernise the economy [in Cuba] will help to limit firms’ losses and improve performance, however, assesses the country as a high risk associated with the “overall political, economic and commercial performance” for 2012.

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Cuba’s ranking in EIU’s Democracy Index

December 16, 2011

Economist Intelligence Unit (EIU) just released its report Democracy Index 2011: Democracy Under Stress. Per the report: “The index provides a snapshot of the state of democracy worldwide for 165 independent states and two territories—this covers almost the entire population of the world and the vast majority of the world’s independent states (micro states are [...]

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