New Center to Foster Startup Cities in Developing Countries
Babson College Rolls Out Its Global Competitiveness and Enterprise Development Project
Cuba’s Dark Internet
Cuba’s surveillance and restrictions come with teeth.
“Tragedy of the Commons” in Cuba
An estimated 10% of Cuba’s population is believed to have left the country for the United States, with many making a dangerous crossing in the open sea using makeshift rafts to escape Fidel Castro’s regime. Average monthly salaries sit at an abysmal $25 a month. Far lower than the $7,643 GDP per capita for Central America, and even…
Latin American GDP vs. the World
According to public data from the Worldbank, total combined GDP for Latin America & the Caribbean grew from $78.5 billion in 1960, to $5.65 trillion in 2011 representing an increase from just 5.82% of global GDP in 1960, to 8.07% in 2011.
Castro to Head Community of Latin American and Caribbean States
The mission of the Community of Latin American and Caribbean States (CELAC) is to deepen regional integration, while explicitly excluding the United States, Canada, and European nations with regional interests such as Holland, France, and the UK. Representing 600 million people speaking five different major languages, the bloc is made up of 33 member nations…
Chile Seeks Justice for Criminals Hiding in Cuba
On April 1st, 1991, Jaime Guzmán was shot at the exit of Catholic University where he was a professor. Guzmán was responsible for founding the Independent Democratic Union Party (UDI) in Chile, and he provided a voice of stability during the dictatorship of Pinochet, including a large role in drafting the Chilean constitution. He would…
Cancer Forces Chavez Back to Cuba
Venezuela’s president, Hugo Chavez, has been forced to Cuba for medical attention for the third time due to concerns of a cancer recurrence. Rafael Correa, president of Ecuador, has confirmed that Chavez was under going an operation for the cancer. Early in his administration, Chavez initiated an agreement with Cuba in which Venezuela agreed to…
Cuba to Begin Taxing Profits
If one were to attempt a word association exercise starting with “Cuba,” it is very unlikely that “profits” would often follow, yet the island nation is counting on that unexpected connection to raise tax revenues. In short, Cuba needs more revenues to fund its socialist programs. To tax profits, of course, it is first necessary…