Some companies are proceeding with caution until new regulations are written. How they’re crafted is expected to be the next battle between pro-engagement advocates and those who want to see business activity with Cuba severely limited.
Some leaders in the Caribbean say that Cuba’s tourism growth is an opportunity to promote growth for the entire region. Countries in the region, they say, should market and develop tourism opportunities together.
U.S. Congressman Mario Diaz-Balart joined PriceSmart President and CEO Jose Luis Laparte for a ribbon-cutting ceremony this week for PriceSmart’s Class A distribution center in Miami-Dade County. PriceSmart is the largest operator of membership warehouse clubs in Central America, the Caribbean and Colombia.
The resort, built with the help of Chinese financing and labor, was originally scheduled to open in December 2014. Now the first hotel, the Grand Hyatt Baha Mar, has begun taking reservations for May 8 guest arrivals.
The license granted by the Office of Foreign Assets Control allows Cuba International Network to contract with the Cuban government-operated radio and television entity and authorizes all transactions to provide U.S. and international customers with recording equipment and trained Cuban staff.
More than 100 people attended “The Caribbean Dilemma,” part of the Americas Conference Series organized by the Miami Herald Media Co. and presented by the World Bank at the Biltmore Hotel in Coral Gables.
Florida Congress members said they are worried about the precedent set by the decision, which could affect other cases and weaken protection against the expropriation of U.S. intellectual property by foreign governments.
The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system and rolling gates.
Courtesy of www.pancanal.com
A look at the new Panama Canal lock system
New York mayor looks at Miami Beach's defenses against sea level rise
Proposals would beautify Miami underpasses with art and lights