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
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- POLAND: New Central Bank Chief Wants Regional Austerity.
- PUERTO RICO: The Enigma of Tourism.
- COLOMBIA: Capturing The Beauty In Beauty Contests.
- VENEZUELA: Chavez Shuffles Cabinet With 9 New Apointments.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?