3/05/2013

CUBA INVESTOR HUGO CHAVEZ DEAD!

Venezuelan President Hugo Chavez Dies Today of Cancer

 FIDEL CUBA SORRY HUGO CHAVEZ DEAD!

Cuba's top investor has died today  at the young age of 58. Venezuelan President Hugo Chavez was pronounced dead by Nicolas Maduro Vice President of Venezuela who officially announced the death on national television.

Chavez was suffering fro cancer for many years and was recently had surgery and was treated with experimental drugs in Cuba. Cuba medical doctors reported that Chavez had a severe infection that was spreading quickly due to the chemotherapy treatments and the weak state of his health

Hugo Chavez was one of Latin Americas most colorful leaders with his customary revolutionary combat fatigues. He was a very controversial figurehead and  long time protege to his best friends Fidel Castro and his brother Raul Castro the President of Cuba. Hugo Chavez extended billions in free credits to Fidel & the people of Cuba in the hopes of strengthening their Latin relationship. Venezuela gave billions in free oil tankers to Cuba and Fidel reciprocated with millions in free health care & education to the poorer people of Venezuela.
English: The Cuban leader Fidel Castro. Españo...
 The Cuban leader Fidel Castro mourns the loss of his friend Hugo Chavez. (Photo credit: Wikipedia)


Chavez was also one of the key figures in the Latin Axis of Evil which Included Fidel Castro, Hugo Chavez and Evo Morales of Bolivia. The infamous Latin trio were trying to build support in favor of a Latin free trade zone which would shut out the United States of America. The radical idea did not catch on as many other Latin countries are too heavily dependent on the USA.

Under President Chavez Venezuela became one of the richest Latin countries mainly die to the high price of oil and the thirsty needs of the American consumers of energy. He also brought much more education, schools, hospitals and clinics to the very poor from every corner of Venezuela.
Hugo Chavez was loved by the poor, hated by the rich and a true David and Goliath figure to most of Latin America revolutionaries along with Che Guevara and Fidel Castro. He will be buried in Venezuela and funeral arrangements are being made by the Venezuelan state.

Hugo Chavez Facts:

Hugo Rafael Chávez Frías
Born: July 28, 1954, Sabaneta
Presidential term: February 2, 1999
Political Party: United Socialist Party of Venezuela
Spouse: Marisabel Rodríguez de Chávez 1997–2004 and Nancy Colmenares 1977–1995
Four Children: Rosines Chavez, María Gabriela Chávez, Rosa Virginia Chávez, Hugo Rafael Chávez
Educated: Military academy of Venezuela, More

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2/11/2013

Invest in Cuba Oceanfront Homes

 New ways to invest in Cuba and buy oceanfront homes

Prior to the revolution of 1959, for decades, Cuba embraced capitalism and issued stocks and bonds for commerce and infrastructure. Cuba has, to date, defaulted on its issued bonds and they no longer trade on the New York Bond Exchange because of the Helms Burton Law. Since the ascent to greater power of Raul Castro, many investors are once again looking for enlightened change in Cuba and want to invest, in some manner, to benefit from increasing GDP and business within Cuba.

The plans to invest in Cuba marched very well in Havana of end of the Nineties. The government had authorized a Canadian firm of entrepreneur, interested in investing in Cuba, the construction and sale of oceanfront apartments and even signed a contract of $250 million dollars. However, Fidel Castro cancelled the project, which provoked not few critics and disappointment in others interested by the idea of investing in Cuba.

A decade later, the possible construction and sale of oceanfront homes  seems increasingly; although the expert on the subject suggest to go slowly and to study the steps adopted by the government , presided by Raul Castro in the form of investing in Cuba. The Cuban president recently signed an executive order, providing a green light to the expansion of projects to invest in Cuba, which includes the construction of 16 golf courses, in beach areas. These fields would be surrounded by luxurious oceanfront, whose prices would oscillate between 250 thousands and the million dollars. The Cuban Minister of Tourism, Manuel Marrero, declared that as of January of 2011 the negotiations with prospect investors will be opened to those interested on investing in Cuba in the construction of 16 golf courses; even thought the official stated there are already four projects that are well advanced in processing permits.

Invest in Cuba Beachfront Condos

The reasons for the sudden change in the government of the Island are in which it would represent the Cuban tourism to obtain a leap towards an unexplored segment: the one of luxury travel, that it has between his potential market to the United States, a nation that counts on almost ten thousand clubs of golf players and three million yachtsmen, many of which, in case of a relaxation from the Washington embargo, could be interested to invest in Cuba. Among the most developed concrete proposals is that of a group of British businessmen seeking, and to construct a second golf course in the main tourist to invest in Cuba, specifically in Varadero, where they intend to build a second golf course and the main tourist attraction of the island. Besides the playground, they would rise 900 houses, many of them in facing the  sea and an pleasant comfort luxury, since the cost of one of these houses in front of the ocean could exceed a million dollars.

Another proposal to invest in Cuba, lead by a group of Canadian investors is a plan to construct two golf courses and nearly 2,000 homes in the exclusive seaside area of Guardalavaca, in the province of Holguín, the eastern part of the country; a popular tourist destination which attracted two million, 430 thousand visitors in 2009. Included in the list of prospect investors in Cuba is a group of Canadian who would finance the Bellomonte project, in the beach of Guanabo, in the capital of the country. There the idea is to construct a golf course, a small marina and 800 homes.

In spite of the great media coverage that its received the new law on the possibilities to invest in Cuba, Minister Marrero, himself clarified several aspects because the procedures of the operations are not yet defined, specifically those related to the people that could acquire the beachfront properties, those that could invest in Cuba, as well as if the owners could sell the land. Experts concurred on emphasizing these concerns when the Cuban government, as of 2011, offers more details on the operations, then one could only expect a true interest to investing in Cuba.