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Section Specials

Cuba will not Return to the Trade Dependency of the Past

Havana International Fair. Photo: Marcelino Vazquez - ACN
Within the process of the updating of the Cuban economic model, attracting foreign capital is the most strategic and significant aspect. Without jeopardizing national sovereignty, the Foreign Investment Law no.118, which came into force on June 28, 2014, seeks primarily to diversify export markets, ensure access to advanced technologies, and, of course, obtain external financing.

Oil Exploration and Production in Cuba (Part One)

Scarabeois one of the international companies working in the Cuban oil industry. Photo: Courtesy of Cupet
In an era in which the world must necessarily opt for clean energy to survive, Cuba produces 45,000 barrels of crude oil everyday and three million cubic meters of natural gas, supplying hydrocarbon fuels and meeting half of the national demand for electricity.

Mt. Olympus of Cuban Nature, the Alejandro de Humboldt National Park

Montane rainsforest on the Toldo plateau. Photo: Gerardo Begue Quiala - Granma
The combination of mountains with forests, valleys, mesas, clear rushing rivers; along side coral reefs, pocket bays, and keys; as well as springs, lakes, and waterfalls, in the cool, rainy climate typical of the territory, make this National Park one of Cuba's most impressive natural landscapes shared by the provinces of Holguin and Guantanamo.