Fidel Castro’s death has sparked a torrent of questions, including whether President-elect Donald Trump will break with President Barack Obama’s Cuba policy. Mr. Trump tweeted Monday that “If Cuba is unwilling to make a better deal for the Cuban people, the Cuban/American people and the U.S. as a whole, I will terminate deal.” For all […]
Oil production in Cuba and a pristine ecosystem.
Former Chevron Corporation executive Silvia Garrigo shared insights on the future of environmental sustainability, renewable energy and what the death of Fidel Castro will mean for business in Cuba with students in the College of Business’ international business and strategy program. “I don’t think Cuba is an attractive market for multinational businesses in the fossil […]
FIU faculty leads first-of-its kind program for Cuban entrepreneurs.
A group of 15 small business owners from Cuba this week became the first cohort of InCubando@FIU, FIU’s first-ever customized program designed to sharpen the managerial skills and business savvy of young entrepreneurs from the island. During the six-week program, College of Business faculty will deliver courses in Spanish covering small business management, accounting and […]
Doing business in Cuba: Don’t forget opportunity costs
The continuing and growing chatter on doing business in Cuba is reaching epic proportions. It has become the “flavor of the month” (and will continue to be) among entrepreneurs, investors, exporters, importers, financiers and U.S. multinational companies. It is understandable. After 56 years of isolation from American commercial relations, the bilateral movement to restore diplomatic […]
Outsourcing services to Cuba? A win-win for the U.S. and Cuba.
“Services” comprises the main driver of the economy of many large cities in the U.S. in terms of employment, revenue, and taxes. Be it tourism, banking and finance, real estate, technology and trade, services is the fulcrum that was, is, and always will be the engine of our economic development. Many large U.S. cities target […]
President’s Move Beams Ray of Hope to Cuba’s Entrepreneurs
“A game-changer,” “a new era,”a historic breakthrough” –these are just a few of the headlines announcing President Obama’s announcement that the U.S. will normalize relations with Cuba. The reaction of the public has been favorable, with 60% in both the Gallup and CNN polls in agreement with the president. However, when it comes to the […]
Don’t expect rapid change
Curb your enthusiasm. That’s my advice, inspired by the HBO series of the same name, for wishful thinkers across the globe who have manifested unbridled euphoria ever since President Obama announced the normalization of diplomatic ties with Cuba. It is just a matter of time now before the embargo will be lifted in its entirety, […]
Cuban-American CPA Association hosts Scholarship Night award event at FIU.
“Awarding scholarships to high achievers working hard toward their accounting degree is the highlight of our year,” said Hector E. Aguililla (MACC ’03, BACC ’01), president of the Cuban-American Certified Public Accountant Association (CACPA) at the organization’s 2012 Scholarship Night awards dinner on January 24, 2012. For the first time in the event’s 15-year history, […]
Haar to heart: Canada: A True Partner
While the the United States talks the talk; Canada walks the walk on Latin American business and trade relations. For most nations in the Western Hemisphere, a free market economy, including trade and investment liberalization, is the preferred path to economic and social advancement for their countries. While there are regimes that blatantly reject this course […]
Haar to heart: Innovation in the Americas—The Next Challenge
With the recent release of the World Bank’s “Doing Business 2011” report, Latin America and the Caribbean have much to cheer about with more advances than declines in key categories of conducting business. Mexico and Peru scored highest—first and second place, respectively. For Mexico, the achievement was a much needed shot in the arm, in […]