Earlier this month Cuba stopped issuing new licenses for private restaurants, in order to get control of the black market they're forced to use for supplies. One of Cuba's few growth industries may be grinding to a halt.
Hundreds took to the streets of Madrid after the BBVA froze its Chinese clients' accounts without notice. The bank brushed off accusations of racism, saying it was merely complying with money laundering laws.
From December, Cuba's small business owners can open new stores again. But there is skepticism about what will really change as increased bureaucracy, longer authorization procedures and more controls are imminent.
German developer Fakt AG’s horticultural center will be the third-largest foreign investment in Hungary, outstripped only by Mercedes-Benz and an upcoming BMW plant. The firm is building a complex to equal Europe's best.
Cuba's first ultra luxury hotel opened its doors Monday in Havana, with guests paying up to $2,500 a night to stay in five-star comfort on the Communist island.
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