08 November 2014 (05:03 UTC-07 Tango)/15 Muharram 1436/17 Aban 1393/16 Yi-Hai 4712
Cuba is stirring trouble in the ‘backyard’ of the United States, again. This time it looks like Cuba wants to beat the economic pants off Uncle Sam, but it’s Uncle Sam’s own doing.
A year ago Cuba opened the port of Mariel to international investment and development projects, such as renewable energy, logistics, biotechnology, food and light industries.
As of 06 November at least 36 countries have expressed interest. Cuban administrators are narrowing down the candidates to the top offers, including offers from Spain, Italy, Vietnam, China, Russia, France, Brazil, Netherlands and Canada. Acceptance of the top offers will be made sometime between now and the end of 2015.
On 07 November, a representative of the European Union told a crowd at Havana’s International Trade Fair that the EU is ready to pour money into Cuba (supposedly while the EU is struggling economically itself). The massive investment will be through the Cuban Portfolio of Projects for Foreign Investment.
After decades of nationalized sugar production (part of the reason for the Revolution), Cuba is now opening its sugar industries to Foreign Direct Investment (FDI). This means sugar producers in the United States could be faced with a new competitor, and perhaps sugar prices will go down.
Cuban administrators are asking for a minimum $40-million USD investment for each of its sugar producing projects.
The British empire’s United Kingdom (the true mortal enemy of the United States) has signed a memo of “Understanding” with Cuba. The United Kingdom has already been busy investing in the Caribbean country.
Cuba and Mexico have agreed to expand economic cooperation. 31 Mexican economic projects are being considered by Cuba. Despite protests by the United States, Mexico resumed diplomatic relations with Cuba.
At the beginning of September, the Obama regime renewed the 54+ years of economic sanctions against Cuba. Ironically the only ones getting hurt this time are U.S. corporations who could be making bank doing business with Cuba.
In October, and for the 23rd year in a row, the United Nations overwhelmingly told the United States to end its sanctions against Cuba. The vote is symbolic, but for two decades the only countries voting in favor of the United States are itself and evil Israel!