Herzfeld Caribbean Basin Fund Inc (CUBA)

[deet49]

Cuba to Set Up Municipal Assemblies for New Mandate

Havana, Dec 5 (Prensa Latina) The Municipal Assemblies of People''s Power will be set up in Cuba on December 17 for a new mandate that will run for two and a half years, Granma newspaper reports today.

These grass-roots legislative bodies will be made up of delegates (local government representatives) elected during the November 24 and December 3 votes.

The date for the setting up of the Municipal Assemblies was reportedly decided yesterday by the Council of States in this capital
http://plenglish.com/index.php?o=rn&id=21842&SEO=cuba-to-set-up-municipal-assemblies-for-new-mandate

[deet49]

Huge Cash Infusion Would be pretty awesome to find that $CUBA has large portions of U.S. Certified Claims Against CUBA

[deet49]

"Yes, I have been in contact with Tom Herzfeld and other both U.S. and foreign investors about these and other non-certified claims."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134064995

[deet49]

Rep. Cook Issues Statement on New Cuba Regulations
Nov 8, 2017 Press Release
Rep. Cook Issues Statement on New Cuba Regulations

WASHINGTON, D.C. – Today, Rep. Paul Cook (R-Apple Valley), Chairman of the House Foreign Affairs Committee’s Subcommittee on the Western Hemisphere, issued the following statement on the Treasury, Commerce, and State Department regulations issued today to implement President Trump’s Cuba policy changes announced last June.

Chairman Cook: “Today’s action is a positive step towards preventing U.S. financial resources from going to the Cuban military and security services amidst continued questions about the attacks on American diplomats that occurred in Havana. However, I’m concerned that the new regulations and the State Department’s initial list of restricted Cuban entities may not be strong enough to meet the President’s goal of protecting U.S. security interests and supporting the Cuban people in their fight for freedom. I look forward to working with the Administration in my new capacity as Chairman to strengthen these regulations, ensure U.S. businesses and travelers do not inadvertently contribute to the oppression of the Cuban people, and seek a solution to resolving U.S. certified property claims.”

A member of the House Natural Resources, Armed Services, and Foreign Affairs Committees, Cook served as an infantry officer and retired after 26 years as a Colonel in the U.S. Marine Corps. During his time in combat, he was awarded the Bronze Star and two Purple Hearts.

https://cook.house.gov/media-center/press-releases/rep-cook-issues-statement-on-new-cuba-regulations

[deet49]

Only A Lousy $9b Stands in the way of a $Trillion Economy...!
just a matter of when or who will Give this money to Cuba to settle long outstanding U.S certified claims and remove a crucial barrier to unlocking U.S Sanctions Trade Embargo

Ten Companies, The Moral Compass, FAR, Alignment Of Stars...
November 28, 2017
Ten companies have established the moral compass and operational platform for United States commercial (re)engagement with the Republic of Cuba.

American Airlines, Carnival Corporation, Caterpillar, Delta Air Lines, Jet Blue Airways, Norwegian Cruise Line, Marriott International, Royal Caribbean Cruise Lines, Southwest Airlines and United Airlines have established and maintained operations, as specifically authorized by the Obama Administration and Trump Administration, with entities controlled by the Revolutionary Armed Forces (FAR) of the Republic of Cuba.

While the companies have not issued statements in support of connectivity with FAR-controlled entities, the companies are, by their presence, acknowledging and, thus far, accepting the role of the military in the economy of the Republic of Cuba.

The Obama Administration and Trump Administration acknowledged and acknowledges, respectively, this same reality.

There are issues of complicity: Does cooperation equate to enabling; to sustaining the status quo? Are the companies serving as tools of change or as dams preventing alteration of the commercial, economic and political landscape throughout the Republic of Cuba?

With one exception, the ten companies are engaged in transporting and housing individuals who lawfully visit the Republic of Cuba. The primary beneficiaries of the services provided by five of the nine companies are individuals of Cuban descent who visit their families and friends who reside in the Republic of Cuba.

No executive of a company wants to laud the role of the FAR in the economy of the Republic of Cuba. All the companies prefer civilian control, non-state actors, private enterprise as their contracting partners.

For the companies, the choice is providing a product and/or service that is permitted under law, by regulation, by policy or awaiting an environment within which all commercial, economic and political stars align... as they have since 1959. http://www.cubatrade.org/blog/2017/11/28/ten-companies-the-moral-compass-far-alignment-of-stars

[deet49]

MINCEX Official Talks About Private Enterprise & Commerce With The United States
November 20, 2017

http://www.cubatrade.org/blog/2017/11/20/mincex-official-talks-about-private-enterprise-commerce-with-the-united-states

[deet49]

your right can easily be resolved but definitely not by sympathizing with the Communists

EMBARGO REQUIREMENTS BEFORE LIFTING OF SANCTIONS CAN BEGIN

1 Castro will be out of power in about 100 days

2 all the mega corporations clamoring to get in and secure market share can easily PAY Certified claims on behalf of Cuba and then the bribery of Cuban officials can commence pedaling the commodity of influence and policy to the highest bidders ...?

these two steps would go a long way for a good start but most certainly for sure absolutely non doubt they must be made to pay U.S Certified Claim Holders in full as a matter of principal this is not socialist Europe or Canada ( Communist Sympathizers ) now that's whats up !

[pire]

Well I keep hoping that is the case. Really feel that the US should pursue better relations with Cuba the country. Sometimes we have to put the past behind to move forward. While Fidel was adamant towards the US, I guess one could understand when he was attacked by the US and that failed. I think helping them to become better will make for better relations with Cuba.

[deet49]

Nope Not at all CUBA is Fine and Growing!
Patience PIRE

US$1 Trillion Is Combined Global Revenues Of The 52 U.S. Companies With A Presence In Cuba

http://www.cubatrade.org/blog/2017/11/4/us1-trillion-is-combined-global-revenues-of-the-52-us-companies-with-a-presence-in-cuba

of course this the Herzfeld Caribbean Basin Fund Inc (CUBA) so most investment is tied to the Caribbean but the upside shot on just little old CUBA the island is huge and should not be discounted IMO...

[pire]

This stock should be growing. But because it is CUBA, it seems that buyers think it has something to do with the Cuban Nation. They do not realize that it does not. Does this stock need a symbol change? Think that might be useful to help this stock grow.
What does anyone else think?

[deet49]

4 Days Till TRUMP Title III of the Cuban Liberty and Democratic Solidarity Act of 1996 (also known as Helms-Burton, after its sponsors) decision
Name of Claimant / Amount of Loss Certified ($)
https://www.brookings.edu/wp-content/uploads/2016/07/Reconciling-US-Property-Claims-in-Cuba-Feinberg.pdf p.42
1 Cuban Electric Company 267,568,414 $ODP
2 North American Sugar Industries, Inc. 97,373,415
3 MOA Bay Mining Company 88,349,000
4 United Fruit Sugar Company 85,100,147
5 West Indies Sugar Corp. 84,880,958
6 American Sugar Company 81,011,240 $ASCS
7 ITT as Trustee 80,002,794
8 Exxon Corporation 71,611,003 $XOM
9 The Francisco Sugar Company 52,643,438 $FRAZ
10 Starwood Hotels & Resorts Worldwide, Inc 51,128,927 $HOT

https://thecubaneconomy.com/articles/tag/helms-burton-bill/

Title III allows U.S. nationals to file suit in U.S. courts against anyone “trafficking” in their confiscated property in Cuba—that is, anyone assuming an equity stake in it or profiting from it. The U.S. Foreign Claims Settlement Commission has certified 5,913 claims of U.S. nationals whose property was seized. These are the claims that Cuba and the United States had begun to discuss during the Obama administration.

[deet49]

33Days Left Title III Waiver of The Helms Burton Act

-Trump Administration will decide whether to implement Title III of the Libertad Act of 1996. This provision enables individuals with assets expropriated by the government of the Republic of Cuba to bring lawsuits in United States Federal Courts.

-The president may rescind the suspension at any time.

-The Trump Administration may view creating uncertainty about Title III as an effective means of destabilizing the interests of companies in the United States and other countries toward the Republic of Cuba; and it would be successful.

http://www.cubatrade.org/blog/2017/2/6/update-on-title-three-suspension-of-libertad-act-helms-burton

[deet49]

240 days left For President Castro


https://www.tickcounter.com/countdown/15834/days-remaining-for-president-castro?utm_source=widget&utm_medium=referral&utm_campaign=widget

[deet49]

President Trump Hasn't Done Anything Yet.. Perhaps, That's All He Needs To Do; Did Cuba Just Blink?
June 13, 2017

"During the campaign, I made statements about my intentions relating to Cuba. During the transition, I made statements about my intentions relating to Cuba. Since the inauguration, I have made statements about my intentions relating to Cuba. However, I have not done anything.

Simply with my statements, the government of Cuba has been impacted. Governments and companies and financial institutions in other countries (an in the United States) have remained hesitant to engage with Cuba or to announce new engagements.

See how much can happen when I don’t do anything; now see what happens when I do something."
http://www.cubatrade.org/blog/2017/6/13/president-trump-hasnt-done-anything-yet-perhaps-thats-all-he-needs-to-do-did-cuba-just-blink

[deet49]

Cuban President Raul Castro is open to a brokering a new agreement with President Donald Trump, a high-level Cuban government official told CNN

.

The Cuban government is signaling it is willing to enter into detailed negotiations with the Trump administration as the White House prepares to announce an expected rollback of former President Barack Obama's normalization of relations with the island.

http://www.cnn.com/2017/06/12/politics/trump-cuba-deal/index.html

[deet49]

http://www.bbc.com/news/world-latin-america-40231074

Mr Kavulich believes the Trump administration may well "make an issue" of trying to settle US claims of compensation from the Cuban government over its expropriation and nationalisation policies in the 1960s.
"That would be the deal in his 'Art of the Deal'," he said.

[deet49]

Trump to reveal Cuba policy in Miami next Friday
http://www.miamiherald.com/news/nation-world/world/americas/cuba/article155354549.html

[deet49]

7 House Republicans send letter to Trump urging Cuba remain open

A U.S. official said, however, a final agreement could be ready to roll out as early as next week.

http://abcnews.go.com/Politics/house-republicans-send-letter-trump-urging-cuba-remain/story?id=47941330

[deet49]

Luxury hotels arrive in Cuba
https://www.reuters.com/article/us-cuba-tourism-idUSKBN18Y1D0

[deet49]

Rubio, Nelson want 'stolen property' addressed

“While the Cuban Government has manufactured ridiculous counter-claims to avoid responsibility, we urge you to seek fair compensation on behalf of these Americans as soon as possible. To that end, we request that you work with Congress to develop a plan and timeline for resolution of these claims, as well as consider instructing the FCSC to conduct a third Cuban Claims Program to allow for potential new claimants.”

http://www.tampabay.com/blogs/the-buzz-florida-politics/as-trump-reviews-cuba-policy-rubio-nelson-want-stolen-property-addressed/2326202

[deet49]

55 U.S. Senators move to eliminate tourist restrictions on Cuba travel
http://www.marketwatch.com/story/40-travel-companies-ask-trump-not-to-reinstate-cuba-travel-restrictions-2017-05-24

[deet49]

New bill adds tax on sales to Cuba Foreign Claims Settlement Commission of the U.S. reviewed
http://www.arkansasonline.com/news/2017/jun/03/new-bill-adds-tax-on-sales-to-cuba-2017/?f=business

[deet49]

Trump administration nearing completion of Cuba policy review: sources
https://www.reuters.com/article/us-cuba-usa-trump-idUSKBN18Q09D

[deet49]

Alabama port signs agreement with Cuba
MOBILE, Alabama (AP) — Alabama's main port in Mobile has signed an agreement meant to increase trade with Cuba.
http://www.jamaicaobserver.com/news/Alabama-port-signs-agreement-with-Cuba

[deet49]

American Airlines opens first office in Cuba https://news.am/eng/news/370986.html

[deet49]

Cuba oil potential estimate revised higher

Melbana estimates Cuban programs have a competitive operating cost of around $7 per barrel of oil.

CEO Peter Stickland said the 612 million barrels of prospective oil in its Block 9 onshore area was "extraordinary

http://www.upi.com/Cuba-oil-potential-estimate-revised-higher/4171485948125/

Enter the Tillerson / Trump Art of the Deal Makers ...

[deet49]

CUBA Settlement is Ready Made just waiting on Tillerson confirmation and a Trump stamp of approval ...

[deet49]

Castro Back to Cuba after Taking Part in Celac Summit

He also expressed the will of Cuba to keep on negotiating pendent bilateral matters with the US, on the basis of equality, reciprocity, respect to sovereignty and independence, and continue a respectful dialogue and cooperation.

http://www.plenglish.com/index.php?o=rn&id=8524&SEO=president-castro-back-to-cuba-after-taking-part-in-celac-summit

[deet49]

The Trump Administration is focused upon connecting any further expansion of bilateral commercial opportunities, meaning exports of products and services and imports of products and services, to a settlement of the certified claims.

A certified claims settlement should be based upon the payment of 100% of the value of each certified claim. Even with a full settlement based upon principal and interest, the annual rate of inflation has substantially diminished the value of each certified claim.

http://www.cubatrade.org/blog/2016/12/1/zigs56x0gme3a9rqg7aecx9vf2gqgk

[deet49]

Most Promising TRUMP will get the $10B owed to Americans

[deet49]

Florida Company Receives License To Export Electric Vehicles To Cuba; Charging Stations From New Jersey-Based Company
January 25, 2017 http://www.cubatrade.org/blog/2017/1/25/us-company-receives-bis-license-to-export-electric-vehicles-to-cuba-charging-stations-from-new-jersey-based-company

[deet49]

CUBA Fund Stoked About Jason Greenblatt White House Special Representative for International Negotiations

[deet49]

What does CUBA Fund Manager see that others are slow to figure out ...

[T695]

Yes I know, but for some reason the ETF moved up or down any time Cuba is in the news involving US policies. Even though there's no correlation. They did however at one point in time have some holdings in some Cuban hotels though

[pire]

This stock really has nothing to do with Cuba the country.

[T695]

Wonder if this will tank tomorrow because the end of wet foot dry foot

[Joe89]

Here are some of the larger holdings in CUBA:

http://stockaholics.net/threads/cuba-the-herzfeld-caribbean-basin-fund-inc.3275/#post-34927

[AnG5640]

I don't even know what this company does, haha!

[AnG5640]

Alert from CNBC:

"Trump threatens to terminate US-Cuba deal if 'Cuba is unwilling to make a better deal"

Developing story... Let's see if that does anything here, lol.....

[T695]

Lol every time Cuba is in the news this pops for no reason

[BottomBounce]

$CUBA

[pire]

But how does this article even talk about the Stock Symbol of CUBA.
It is not referring to the stock at all, but the nation of Cuba.

[mick]

interesting currency/ Herzfeld Caribbean Basin Fund Inc (CUBA)'

[BottomBounce]

Cuba begins to repay debts to Western creditors ahead of time

Cuba has paid ahead of schedule the first installment of a renegotiated $2.6 billion debt (273 billion yen) to 14 wealthy governments, according to diplomats from a number of the countries, as the Communist-run island seeks to overcome its chronic payment history.

Cuba reached a deal in December with members of Paris Club of creditor nations that forgave $8.5 billion of $11.1 billion official debt it had defaulted on through 1986, plus charges. Repayment of the remaining debt was structured over 18 years, and the first payment of about $40 million was due by Oct. 31.

http://www.asahi.com/ajw/articles/AJ201610280029.html

[BottomBounce]

Chanel Continues Its Celebration of Cuba With New Cruise Campaign
http://fashionista.com/2016/10/chanel-cruise-campaign-cuba

[BottomBounce]

A vaccine for lung cancer? FDA approves clinical trial for groundbreaking jab created in Cuba

Cuba, which has reputation for world-class healthcare, has developed a lung cancer vaccine that has shown significant boost in life expectancy
Now, since thaw in US-Cuba relations, American officials plan to test it
The FDA has approved trials in Buffalo, New York, for 60-90 patients
The jab, a kind of immunotherapy, is at the cutting edge of cancer research

http://www.dailymail.co.uk/health/article-3879388/A-vaccine-lung-cancer-FDA-approves-clinical-trial-groundbreaking-jab-created-Cuba.html

[BottomBounce]

http://cubajournal.co/cubas-travel-and-tourism-industry-expected-to-accelerate-under-new-tripadvisor-license/

[BottomBounce]

TripAdvisor Gets Feds' OK to Book Travel Services to Cuba
http://abcnews.go.com/International/wireStory/tripadvisor-feds-book-travel-services-cuba-43141517

[BottomBounce]

TripAdvisor Gets Feds' OK to Book Travel Services to Cuba
http://abcnews.go.com/International/wireStory/tripadvisor-feds-book-travel-services-cuba-43141517

[BottomBounce]

$CUBA is at a bottom. With all the new regulations.. Could be a stock of the year call imo.