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 Cuba Tourist Board |
Cuba AccommodationSo...you're looking for Cuba Accommodation. The Cubans will tell you that there is so much more to see and do in Cuba than just what you see in the brochure.
Actual payment would be with twenty-year bonds paying 4.5% interest (instead of the then U.S. investment grade corporate bond rate of 3.8%). Landholders from most other countries settled on this basis. The problem was with the tax assessed values. On May 20, 1902, the United States, restricted by the Teller Amendment, granted Cuba its independence, but retained the right to intervene to preserve Cuban independence and stability under the Platt Amendment. Investors are constrained by the U.S.-Cuban Liberty and Democratic Solidarity Act which provides sanctions for those who "traffic" in property expropriated from U.S. citizens. As of March 1998, 15 executives of three foreign companies have been excluded from entry into the United States. Over a dozen companies have pulled out of Cuba or altered their plans to invest there due to the threat of action under the Libertad Act. Sugar remains an important part of the Cuban economy with large amounts of land, labour, and other resources dedicated to the industry. Sugar production in 1989 was over 8 million tons, but fell to about 3.5 million tons in the 1994-95 harvest, one of the lowest on record. The unicameral Cuban parliament is the National Assembly of People's Power or Asamblea Nacional del Poder Popular. Its 609 members are elected to serve five-year terms, without opposition. The candidates, who may or may not be members of the Cuban Communist Party, are nominated by pro-government social and political organizations. Lukumí, Regla de Ocha or Afro-Cuba, most widely known as Santeria, (Santería in Spanish) is a set of related religious systems that superficially seem to fuse Catholic beliefs with traditional Yorùbá beliefs. The Native Cuban Indian population, including the Ciboney and the Taíno, were forced in to reservations during the Spanish subdual of the Island of Cuba. Many Natives were put in reservations. One famous reservation was known as Guanabacoa, today a suburb of Havana. Set monthly fees must be paid regardless of income earned and frequent inspections yield stiff fines when any of the many self-employment regulations are violated. Rather than expanding private sector opportunities, in recent years, the government has been attempting to squeeze more of these private sector entrepreneurs out of business and back to the public sector. Many have opted to enter the informal economy or black market.
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