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As homes go up for sale in Cuba, racial and class lines return
Not since the early days of the Cuban Revolution has this city faced a transformation like the one that may soon begin sweeping through its neighborhoods.

By the end of this year, communist authorities say new laws will be in place allowing Cubans to legally buy and sell residential property for the first time in five decades. Homes that haven’t had a market appraisal in 50 years will suddenly be valued as assets.

Already property listings on Cuban online classified sites have begun appearing with cash prices — from less than $5,000 for a tiny Havana apartment to well over $120,000 for a large house in one of the city’s more desirable western districts.

04 Sep 2011 by admin

US could lift Cuba embargo after oil discovery
The world's longest-running embargo has endured in part because there was little the US wanted to buy from its impoverished neighbour.

But the discovery of between five and 20 billion barrels of oil in the deep waters off Cuba's north coast, only 60 miles away from Florida, has made American businessmen and politicians consider lifting the embargo.

Repsol, the Spanish oil firm, will start exploratory drilling within months. If it strikes a large deposit, the trade embargo could be significantly revised or removed, according to Professor Mark Jones, an expert on Latin America at the Rice University of Texas.

15 Jun 2011 by admin

With a little help from Venezuela, Cuba emerges from the data dark ages
It’s been four months since Cuban officials stood on the shores of the island’s south coast and hailed the arrival of a new undersea fiber optic link to Venezuela, notching it as a new blow to U.S. imperialism.

The cable is due to go online this summer and once Cuban authorities finally turn on the juice, bandwidth capacity for the least-connected country in the hemisphere will leap by a factor of 3,000.

15 Jun 2011 by admin

Cuba denies dissident died after police beating
The Cuban government has strongly denied that police beat a dissident who later died.

Juan Wilfredo Soto, 46, who suffered a range of health problems, died from natural causes, officials said.

The authorities accused what they termed "counter-revolutionary elements" of fabricating lies about his death.

Dissident groups had accused police of hitting Mr Soto during a protest in the city of Santa Clara last Thursday. He died three days later.

17 May 2011 by admin

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