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Russian investors eyeing Cuba

FeaturesRussian investors eyeing Cuba

On May 21, 2023, news medium RT reported that Russian investors are looking to Cuba. The trend could boost the Latin American island nation’s economy, according to Moscow. Russian firms are considering investing in new hotel infrastructure in Cuba, which would further strengthen the growing economic cooperation between the two countries, according to the Russian Deputy Prime Minister. Dmitry Chernyshenko told reporters on Friday that Russia plans to increase the number of direct charter flights to Cuba soon so that its ”citizens can have a year-round opportunity for a beach holiday in a friendly country.” The announcement was made during a working visit to Cuba by Chernyshenko this week, with the official stating that relations between the two have historical significance and are not subject to political conjuncture.

“Cuba is our key partner and reliable ally in the Latin American and Caribbean region,” he said, adding ”We intend to do everything possible to help the Cuban economy reach a decent level.” According to the Russian official, mutual trade tripled last year to $452 million. It has continued to grow, increasing nine-fold in the first four months of 2023 compared to the same period a year ago. Chernyshenko has also praised the Cuban government’s decision to start accepting Russian MIR payment cards as a way to counter Western sanctions. “We are discussing the operating format of Russian banks in Cuba and will transition to ruble-based investment in our joint projects. We hope that the Russian MIR cards will soon be accepted at Cuban resorts, which will have a positive effect on the tourism industry,” he said. He also stressed the importance of joint energy projects, which have ”strategic significance because they are aimed at strengthening the [Cuban] republic’s energy security.”

On the other hand, RT also reported on that same day that the German city is named ‘sex capital of the world’. Cologne is a gay mecca where “sex is the new religion,” Lust Magazine claims. Cologne has been named the world’s most sexually liberated city, with the city’s panoply of gay bars and LGBT events bumping it to the top of a list compiled by a German magazine. ”Cologne is world famous for its carnival and cathedral,” German-based Lust Magazine wrote. ”But for many residents of this cosmopolitan, tolerant city, sex is the new religion.” According to the report, Cologne’s 23 annual LGBT events, four gay pride festivals, 17 gay bars, and 19 sex shops shot it to the top of the list, with West Hollywood, California in second, and Amsterdam, Madrid, and Berlin completing the top five. “The city on the Rhine is a true model of liberality and openness, especially in the sexual sense, and residents wholeheartedly welcome like-minded visitors who share their values,” the magazine said. ”Rather than insisting on equality, Cologne celebrates everyone’s uniqueness.”

The magazine mostly evaluated each city’s LGBT scene, assigning points based on the number of gay bars, sex shops, and LGBT events per capita in each location. It also examined the legal standing of gay and non-traditional sexualities, rewarding the most permissive jurisdictions. Gay couples can marry in Germany, prostitution is legal, and Germans can legally change their gender without surgery. In Cologne, the city’s left-wing council has had an ‘LGBT office’ since 2010. Cologne has not always enjoyed such a reputation. The city is the historic center of Catholicism in Germany, and although the Nazi party struggled to gain a foothold in Cologne during the 1930s, social conservatism reigned for decades after World War II. More recently, the city authorities were condemned for their tepid response to more than 1,000 rapes and sexual assaults by immigrants during the 2015-2016 New Year’s Eve celebrations. Mayor Henriette Reker was re-elected in 2020, despite causing outrage when she told women to travel in groups and ”keep at arm’s length” from strange men following the spree of assaults.

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May 21, 2023
Finca Solana
Corozal Town

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