E C O N O M Y

• Controversial economic recovery in the United States
October.1.09
ONE year has gone by since the current economic crisis began its cycle of destruction; however, its duration could already have extended to two years, given that it was in the summer of 2007 that signs of the real estate crisis, the prelude to this global crisis, became apparent in the United States.

• The current crisis has exposed the system’s deficiencies and flaws
March 4.09
THE importance of integration in facing the current economic crisis and the search for new models of development, particularly those for fighting poverty, were at the center of the address given by Honduran President José Manuel Zelaya yesterday in the second session of the 11th International Economists’ Conference on Globalization and Development problems.

• Economists’ conference in Havana
Global crisis: the main protagonist
March 3.09
THE global economic crisis was the main protagonist on the first day of Globalización 2009, the 9th International Conference of Economists on Globalization and Development Problems, presided over by First Vice President José Ramón Machado Ventura; Dominican President Leonel Fernández Reyna; Cuban Vice President Esteban Lazo Hernández; Nobel Laureates in economics Edmund Phelps and Robert Mundell; Roberto Verrier Castro, president of the conference organizing committee, and others.

• Globalization 2009 begins this afternoon
March 7.09
THE 11th International Meeting of Economists on Globalization and Development Problems will begin at 3:00 p.m. today, March 2, at the International Convention Center, and its first session is to feature Honduran President José Manuel Zelaya Rosales, who will give a master lecture on "Required Adjustments to Globalization."
- José Manuel Zelaya, President of the Republic of Honduras
- President Leonel Fernández Reyna of the Dominican Republic arrives today in Cuba

• Economic growth of 4.3% in 2008 highly significant
December 27.08
THE 4.3% growth of the Cuban economy despite the adverse circumstances in which it developed, is below the 8% planned on the basis of more favorable premises, “but is highly significant in a world where the principal capitalist powers are not only grappling to halt the collapse of their economies, but do not even know when the crisis will end or the reach of its destructive power.”

• Cuba, Sri Lanka Strengthen Economic Coop
December 15.08
HAVANA.— Cuba and Sri Lanka inaugurated the first Session of the Intergovernmental Joint Commission for Economic and Scientific-Technique Collaboration, scheduled to session for two days to strengthen bilateral relations.