Business

The World Bank said that it expects an economic expansion of 3.7% in Latin America and the Caribbean this year, improving on its previous forecast of 2.8% growth for the region, which has been hit hard by the coronavirus pandemic.

Under the premise of customer satisfaction, Tiendas Caracol specializes in the retail marketing of merchandise with a differentiated, exclusive and quality offer of Imagen Cuba and Souvenir products.

The Organizing Committee of the Havana International Fair (FIHAV) reports that, as a consequence of the current international epidemiological situation it has been decided to suspend FIHAV 2020 and hold the XXXVIII edition of the Fair in November from 2021.

The Central Bank of Cuba (BCC) issued a resolution that allows the island’s non-residents to open bank accounts in U.S. dollars, to buy in stores created by the government since last October that sell products in this currency.

If opening and maintaining a private business was already difficult in Cuba, the COVID-19 epidemic now places new obstacles for Cuban entrepreneurs, forced to reinvent themselves to survive an unprecedented crisis from which, despite everything, they could emerge stronger.

The Caribbean countries of Barbados, Belize and the Bahamas, among the preferred playgrounds for the world’s wealthiest bankers, may soon become known instead for Wall Street’s dark side: Debt crises.