AP/ M.HERALD/ P. Haven / 2-screen read...combined
Since Cuba recently allowed the creation of new small business enterprises, 171,000 have applied for the opportunity.
How are the new "cuentapropistas" doing?
Haven follows the progress of several.
But they face difficulties in a nation where "...raw materials are hard to find, tax rates can be exorbitant and myriad government regulations still restrict basic activities."
"All over the world, the percentage of small businesses that succeed is very small, even in the United States," said a U.S. economist. "In Cuba, the difficulties are enormous, because the environment is not very conducive yet to business ... but that doesn't mean it can't be done."
Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
- MONDAY MORNING MUSIC: Desde Argentina: "Lucio El Anarquista" By Guti.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- BRASIL: CBank Lowers SELIC 8th Time...To Historic 8%.
- CROATIA : Nationalists Clash With Police...On EU Vote Eve.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- BOLIVIA / SPAIN : Morales Nationalizes 3 Main Airports.