http://www2.macleans.ca/2012/08/08/cuba-risky-business/
President Raul Castro claims to want more foreign investment...but arrests of investors there...are seen as a dangerous warning shot.
The communist nation has been quietly dealing with massive corruption at the top...with some foreigners suffering collateral damage.
2 Canadians have been sitting in a La Habana jail for almost a year...without charges...no trail date announced...and all assets confiscated.
The business atmosphere is so problematic that many foreign businesses have pulled out.
Gone are longtime investors Pizza Nova, Repsol and Italia Telecom.
Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- BOLIVIA: Morales Continues Verbal Assault On USA's "Meddling"; USAID Expulsion Threatened.
- VENEZUELA : After Denials...Chavez Admits He Needs 3rd Cancer Surgery.
- BOLIVIA: Raging River Sweeps Away Bus, Truck; At least 34 Dead.
- SLOVENIA : 100,000 Public Workers Strike Over Wage Cuts; PM Jansa Under Pressure.
- UKRAINE / EU : Kyiv Cancels Yalta Summit...After 13 Leaders Bail; Yulia Ends Hunger Strike, Accepts Medical Treatment.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- USA / ECONOMICS / POLITICS / MEDIA : Economist Paul Krugman Discourses On Austerity...And GOP Crazies.
