Cuban Economy | Foundation for Human Rights in Cuba

Regime ready to convict Canadian businessman on questionable charges

According to CTV News, Cy Tokmakjian, a successful businessman, father, and grandfather faces 15 years behind bars if he is found guilty. The 74-year-old Canadian native was arrested in 2011, and has been jailed for nearly three years. Recently, the Cuban government...

Weaving a Thread of Independence Through Clothing Sales

The Federation of Latin American Rural Women in Cuba (FLAMUR) promotes the creation of small shops that modify and create clothing by using the experience and knowledge found in every home. Traditionally, every Cuban household always had a sewing machine, but with...

Joint declaration by powerful Chambers of Commerce brings hope for future of Democracy & economic development in the Americas.

Upon concluding its 35th annual Hemispheric Congress earlier this month, CAMACOL the Latin Chamber of Commerce of the United States, alongside AICO, the Ibero American Chambers of Commerce Association, issued a joint declaration defending the importance of democracy...

FHRC holds press conference, releases report on new Cuban Foreign Investment Law

On Friday, May 9th, the Foundation for Human Rights in Cuba (FHRC) held a press conference to unveil its latest special report titled “Foreign Investment in Socialist Cuba: Uncertain Real Profits for Foreign Capital and Continued Exploitation of the Labor...

Cuban Economy out of Global Competition

According to the new ranking of global economic competitiveness by the World Economic Forum released this week, Latin America is losing ground in the global economy and is not taking the necessary actions to avoid further losses. The Global Competitiveness Report...