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The economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution.
Julio Lobo y Olavarria (30 October 1898 – 30 January 1983) was a powerful Cuban sugar trader and financier.From the late 1930s to 1960, when he left Cuba to go into exile, Lobo was considered the single most powerful sugar broker in the world.
The Lonja del Comercio first opened in March 1909. Set obliquely to the Plaza de San Francisco de Asís on its north side, it was designed in a mainly Renaissance and eclectic style as a commodities trading building. It is in close proximity to Basilica Menor de San Francisco de Asis.
Tourism was regarded as the only stable sector of the Cuban economy and became the subject of policy changes to enhance its development. Cuba legalized the use of the US dollar and created a dual currency system, one based on the dollar and the Cuban convertible peso with the other system based on the Cuban peso. Different institutions and ...
It was the Palace of the Real Audiencia of Santo Domingo, called then Edificio de las Casas Reales, and it is the first (oldest) headquarters of Spanish power in the New World. [ 2 ] The building dates back to the sixteenth century, and was built to house the administrative offices of the Spanish colonies in the Americas , at the time any ...
Main building of the Casa de las Américas in Vedado/Havana. Casa de las Américas is an organization that was founded by the Cuban Government in April 1959, four months after the Cuban Revolution, for the purpose of developing and extending the socio-cultural relations with the countries of Latin America, the Caribbean and the rest of the world.
Reloj de Quinta Avenida at Calle 10, a large clock erected in 1924 in the central median; Museum of the Ministry of the Interior (Museo del Ministerio del Interior) at Calle 12; Casa del Habano (between Calles 14 and 16) (also in the Melia Habana near the Miramar Trade Center and Club Habana) Teatro Miramar at Calle 94
Cuba has the second largest area planted with tobacco of all countries worldwide. [22] Tobacco production in Cuba has remained about the same since the late 1990s. Cigars are a famous Cuban product worldwide and almost the whole production is exported. [23] The center of Cuban tobacco production is the Pinar del Río Province.