Archive for March, 2010

Cash-strapped Cuba will require visitors to buy health insurance

Cash-strapped Cuba will require visitors to buy health insurance if they want to enter the country, according to a new government measure disclosed on Saturday.
Under the measure, which takes effect in May, the insurance will be sold by foreign companies approved by the Cuban government or by Cuban firms at ports of entry to the [...]

Cuba explains vanishing trick of frozen bank accounts

HAVANA - Cuba is offering foreign businesses percent annual interest over five years as part of a plan to repay hundreds of millions of dollars in bank accounts frozen by the cash-strapped government, diplomatic and business sources said this week.
 
The government is hoping the interest payments will encourage companies to keep doing business with import-dependent [...]

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