E C O N O M Y

• Controversial economic recovery in the United States
October.1.09
ONE year has gone by since the current economic crisis began its cycle of destruction; however, its duration could already have extended to two years, given that it was in the summer of 2007 that signs of the real estate crisis, the prelude to this global crisis, became apparent in the United States.

• The current crisis has exposed the system’s deficiencies and flaws
March 4.09
THE importance of integration in facing the current economic crisis and the search for new models of development, particularly those for fighting poverty, were at the center of the address given by Honduran President José Manuel Zelaya yesterday in the second session of the 11th International Economists’ Conference on Globalization and Development problems.

• Economists’ conference in Havana
Global crisis: the main protagonist
March 3.09
THE global economic crisis was the main protagonist on the first day of Globalización 2009, the 9th International Conference of Economists on Globalization and Development Problems, presided over by First Vice President José Ramón Machado Ventura; Dominican President Leonel Fernández Reyna; Cuban Vice President Esteban Lazo Hernández; Nobel Laureates in economics Edmund Phelps and Robert Mundell; Roberto Verrier Castro, president of the conference organizing committee, and others.

• Globalization 2009 begins this afternoon
March 7.09
THE 11th International Meeting of Economists on Globalization and Development Problems will begin at 3:00 p.m. today, March 2, at the International Convention Center, and its first session is to feature Honduran President José Manuel Zelaya Rosales, who will give a master lecture on "Required Adjustments to Globalization."
- José Manuel Zelaya, President of the Republic of Honduras
- President Leonel Fernández Reyna of the Dominican Republic arrives today in Cuba

• Economic growth of 4.3% in 2008 highly significant
December 27.08
THE 4.3% growth of the Cuban economy despite the adverse circumstances in which it developed, is below the 8% planned on the basis of more favorable premises, “but is highly significant in a world where the principal capitalist powers are not only grappling to halt the collapse of their economies, but do not even know when the crisis will end or the reach of its destructive power.”

• Cuba, Sri Lanka Strengthen Economic Coop
December 15.08
HAVANA.— Cuba and Sri Lanka inaugurated the first Session of the Intergovernmental Joint Commission for Economic and Scientific-Technique Collaboration, scheduled to session for two days to strengthen bilateral relations.

• Cuba’s coffee harvest in full swing
December 4.08
COFFEE, one of the island’s main crops, was considerably affected this year by the strong winds and flooding associated with hurricanes Gustav and Ike.

• Brazil opens business center in Havana to promote trade with Cuba
December 4.08
THE establishment of a Latin American business office of the Brazilian Exports and Investments Promotion Agency (APEX) in Havana could open the way for the South American giant to become Cuba’s first trading partner, highlighted Caio Cordeiro de Resende, coordinator for this organization in Latin America and the Caribbean, during the inauguration ceremony last October 31.

• More than 450 companies from 56 nations at Havana Fair
November 6.08
THE Havana Trade Fair (FIHAV) is one of the most important trade fairs in Latin America and has become a key opportunity for increasing business relations among the countries of every continent.

• Cuba and Russia begin new stage of economic cooperation
April 3.08
THE work of the 8th Session of the Cuba-Russia Intergovernmental Commission ended on Wednesday with the signing, by Ricardo Cabrisas, Cuban government minister, and Igor Levitin, Russian transport minister, of a document that opens a new stage in economic cooperation between the two countries.

• 10TH CONFERENCE OF WORLD ECONOMISTS ON GLOBALIZATION AND PROBLEMS OF DEVELOPMENT
A space for diversity of opinions
March 18.08
REAFFIRMING itself as the stage for profound analysis of the greatest problems on a planetary scale, the 10th Conference of World Economists on Globalization and Problems of Development that took place recently in Havana, was also consolidated as a forum in which there is increasingly greater space for differences of opinions.
 

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