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Cuban refugees take the long way out
Cuban refugees are using a longer and more dangerous route that takes them to the Cayman Islands, Honduras and the Mexico-U.S. border.

''The waves were so high, they looked like they were going to swallow us,'' said BenÝtez, 32, who squeezed into a crudely constructed 15-foot boat with her common-law husband and eight other men. "It was horrible, I didn't think we would make it.''

02 Feb 2005 by admin

Cuba: an economy that lives in the past
It's a former Soviet ally that toyed briefly with a little free enterprise. Its people are some of the poorest in the hemisphere. Condoleezza Rice, President Bush's choice as secretary of State, has just labeled it one of six "outposts of tyranny" in the world.

That's Cuba, still clinging to its communist ways. And it has the economy to show for it. A bright spot - a new oil discovery - lifted hopes for the island nation last month. But don't count on a big change - unless there's a bigger find by Spain's largest oil company, Repsol, drilling in a separate offshore tract.

30 Jan 2005 by admin

The Future of Cuba - opinion
Conventional wisdom has it that when Fidel Castro departs the scene -- an event which is bound to occur sooner rather than later -- Cuba and Cubans will have a chance to start all over again. For some, this means a chance to leave the island altogether and join their relatives or former countrymen in Miami. For elements of the exile community in Southern Florida it means, presumably, a chance to turn the clock back to 1958, when the island was a close ally of the United States and had one of the highest standards of living in Latin America. For others, it means important political and economic changes which will turn the island into a "bourgeois democracy" similar to Costa Rica, El Salvador or the Dominican Republic. For still others, it means a chance to finally make socialism work, in the sense that in the absence of a U.S. embargo (and U.S. political and diplomatic hostility) the country would presumably have a chance to fully realize its economic potential within the existing Communist system.

19 Jan 2005 by admin

How to invest in Cuban real estate - wait
Just 90 miles from American shores yet impossibly out of reach is a cash-starved nation awash in billions of dollars in real estate.

The largely untapped Cuban market, with exquisite mansions, majestic colonial homes and virgin beaches, is a potential gold mine for U.S.

23 Feb 2005 by admin

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