
Uruguay's president Jose Mujica delivered a message from Barak Obama to Cuba's Raul Castro proposing the opening of dialogue to discuss the blockade, reported the Montevideo media on Thursday. The occasion was the recent G77 summit held in Bolivia.

A delegation from the American Chamber of Commerce has begun its first visit to Cuba in 15 years. Chamber president Thomas Donohue said he was in Cuba to assess the economic changes taking place under President Raul Castro.

Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.

The visit this week of Brazil's former president Lula da Silva to Havana could help to unravel the current political crisis in Venezuela according to Argentine political analyst Rosendo Fraga, since both countries have much to lose if the conflicting situation continues.

The Celac summit in Cuba underlined in its final declaration its determination to strengthen the regional space among Latin American and Caribbean countries and at the same time ratified its full support for Argentina's claim over the Falklands/Malvinas Islands.

Cubans will be able to buy new and second-hand cars from state-run retailers without a permit under new rules approved by President Raul Castro's government. The measure, announced Thursday by the official media, is another step in Castro's plan to modernize the island's socialist economy and lift decades-old market restrictions.

Cuba is to scrap its two-currency system in the latest financial reform rolled out by President Raul Castro, official media report. Since 1994 Cuba has had two currencies, one pegged to the US dollar and the other worth only a fraction of that. The more valuable convertible peso (CUC) was reserved for use in the tourism sector and foreign trade. Now its value will be gradually unified with the lower-value CUP, ending a system resented by ordinary Cubans.

Cuba has appointed new editors for the country's two main newspapers - Granma and Juventud Rebelde. The shake up in the island's tightly controlled media was described by the Communist Party as a renewal.

The Cuban Revolution remains a movement of young people, President Raul Castro said on Friday during an event to mark the 60th anniversary of an attack on a military barracks which is considered the starting point of the uprising that brought it to power in 1959.

Uruguayan president and former guerrilla Jose Mujica left Tuesday night for Cuba where he is scheduled to hold meetings with President Raul Castro, the revolution leader Fidel Castro and attend the celebrations of the sixtieth anniversary of the assault on the Moncada military fort.