Cuba's Business Δ 17th of February 2016 Ω 3:23 PM

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~ U.S. Cuba Thaw ~ News ~ Air Traffic Commercial	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ
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«Business Sensing	ξ	ξ
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~ U.S. Cuba Thaw

U.S. Cuba Thaw
ξ Cuba has long been known for its sugar and tobacco crops
ξ U.S. companies once operated 85 percent of the arable land, amount worth more than $2.8 billion
ξ Obama changed the regulations on how Cuban business can purchase agricultural goods, to make such deals easier to finance
ξ in order to lift the embargo on Cuba, Obama needs an act of Congress
ξ within the US, popular opinion has turned sharply against the embargo
ξ people just don't fear Cuba or Communism anymore, and they would like to go on vacation there
ξ even among Cuban-Americans in Florida, public opinion now supports lifting the very embargo
ξ new generation would like to be able to travel back to Cuba more freely and send more money home to the US
ξ Cuba needs to change
ξ communist countries like China and Vietnam have transitioned to quasi-free-market economies successfully
ξ Venezuela's economy and political system teeter on the end of collapse, and it may fail to keep the Cuban economy afloat

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~ News

»Havana Journal
ξ a dynamic independent private sector as many as 2 million strong
ξ middle classes possibly majoritarian in scope
ξ growing private sector
ξ factories and farms, suffering from prolonged de-capitalization,
ξ are unable to supply the domestic market with sufficient goods and services
ξ to meet consumer demands and aspirations and
ξ with some exceptions are too inefficient to compete in international markets
ξ the best educated youth are exiting the island in alarmingly high proportions

ξ »floridatoday.com

»Cuba Standard
ξ content costs!
»cubachamberofcommerce.com
ξ not official!

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~ Air Traffic Commercial

Air Traffic Commercial starts with USA
The United States and Cuba signed an agreement to resume commercial air traffic for the first time in five decades,
starting the clock on dozens of new flights operating daily by fall 2016.

U.S. Transportation Secretary Anthony Foxx and
Cuban Transportation Minister Adel Yzquierdo Rodriguez
signed the deal in a ceremony at Havana's Hotel Nacional.

U.S. airlines can now start bidding on routes for as many as 110 U.S.-Cuba flights a day
- more than five times the current number.
All flights operating between the two countries today are charters.

The agreement allows 20 regular daily U.S. flights to Havana,
in addition to the current 10-15 charter flights a day.
The rest would be to other Cuban cities.

The restart of commercial flights seen to be the most significant development in U.S.-Cuba trade
since Presidents Barack Obama and Raul Castro announced in late 2014
that they would begin normalizing ties after a half-century of Cold War opposition.

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