Cuban Exiles Reject Island’s Communists’ Foreign Investment Reforms

Cuban exiles reject island’s communists’ foreign investment reforms

Cuban exiles expressed strong opposition on Thursday to the island’s communist leaders’ recent invitation to invest in businesses or partner with the state.

Cuba to allow exiles to invest in businesses on the island

Q COSTARICA — The Cuban government has declared it will permit Cuban citizens living overseas to invest in and own businesses back home, including starting private companies and forming partnerships with state-owned firms. Cuba said on Monday the “doors are open” to a community that has traditionally agitated for harsh economic sanctions against the communist government, Reuters reported. “There are no limitations,” Cuban ​Deputy Prime Minister …

Cuban Americans will be allowed to own businesses in Cuba, but is that enough?. – PR informa

By FRANCES ROBLES Diana Sainz and her husband, Andrea Gallina, invested big a decade ago when Cuba made a push toward allowing private entrepreneurship. The couple own two boutique hotels with restaurants in Havana, three small markets and a production center to sell frozen prepared meals. But with fuel running out and long electrical outages a daily occurrence, 90% of this year’s reservations have been canceled. They said they had to lay off do…