PhD in Economic Sciences José Luis Rodríguez, full professor and consultant with the World Economy Research Center (CIEM), described Cuba’s bancarization of the US dollar as another step to organize and streamline the country’s monetary relations.

This city is hosting the 3rd International Convention “Ciencia y Conciencia 2023”, organized by the University of Oriente (UO) with the aim of boosting innovation in sustainable development.

Jose Luis Perello, PhD in Economic Sciences, described as a measure that benefits the recipients of remittances from the United States and international tourism the decision to accept dollars in cash again in banks and non-bank financial institutions in the country.

Cuba’s Central Bank issued on Monday a news release announcing that financial institutions and banks in Cuba are already accepting US dollar cash deposits in bank accounts, while the US dollar will continue to be accepted at the exchange market.

Cuba’s Economy Ministry approved the applications of 213 new micro, small and medium companies, with 208 of them being private businesses.

Cuba also won in London, Cuban president Miguel Diaz-Canel said today, referring to the results of the hearing of the High Court of England and Wales, which recognized that the vulture fund CFR I Limited is not a creditor of the Cuban state.

At a hearing held on Tuesday, April 4 (8:45 a.m. London time) at the High Court of England and Wales, Judge Sara Cockerill notified the lawyers of the parties of the sentence corresponding to the lawsuit filed by the vulture fund CRF I Limited against the Republic of Cuba and the Banco Nacional de Cuba (BNC).

The Official Gazette of the Republic No. 20 Extraordinary published Resolution 42/2023 of the Ministry of Finance and Prices, which updates the tax treatment of personnel who receive income from bonuses.

Beekeepers from Ciego de Avila are moving a significant number of hives to the northern keys of the province to take advantage of one of the two major flowering periods in Cuba (between April and August) that will allow them to fulfill the annual honey plan, amounting to 412 tons.

Jorge Luis Perdomo Di-Lella, Cuban deputy prime minister, on his second working day in China, held a meeting today with the president of the National Development and Reform Commission (NDRC), Zheng Shanjie.

On November 14 to 17, Havana will host the 14th International Meeting of Economists on Globalization and Development Problems, intended to cast a critical look at the trends of the world economy.

Representatives of Cuba’s Havanatur international group and China’s Tumei tour-operator signed a memo of understanding in Havana to encourage Chinese tourists to come to the island under what the Chinese party called a reliable and safe tourism.

Representatives of the Cuban Chamber of Commerce and the Center for the Promotion of Foreign Trade and Investment (Pro-Cuba) are participating at Expocomer 2023 International Business Fair, underway in Panama City.