Investing and Global Finance News

Monthly Archives: February 2016

Cuba and US Opening Air Routes Between Them

Cubana Yak-420 CU-T 1704. Photo by Tony Hisgett from Birmingham, UK
Cubana Yak-420 CU-T 1704. Photo by Tony Hisgett from Birmingham, UK

It has been fifty years since the United States and Cuba allowed commercial traffic to enter and leave their respective air-spaces. Now, since last Tuesday, a deal signed by the two parties paves the way for the restoration of commercial flights between Cuba and the US. As soon as the deal was signed the US Department of Transportation started the bidding on as many as 110 US-Cuba flights per day by American airline companies. Although there are flights now between the two countries, they are all charter flights.

This decision is the most significant deal between the US and Cuba since the signing of the trade agreement between the two countries by President Obama and Cuban leader Raul Castro in late 2014.

“Today is a historic day in the relationship between Cuba and the U.S.,” said U.S. Transportation Secretary Anthony Foxx after he and Transportation Minister Adel Yzquierdo Rodriguez of Cuba signed the deal in a ceremony at Havana’s Hotel Nacional. “It represents a critically important milestone in the U.S. effort to engage with Cuba.”

Top Officials Warn US Senate of Possible Threat from ISIS on US Soil

Director of the Defense Intelligence Agency Lt. General Vincent Stewart told the Senate Armed Services Committee that ISIS “”will probably attempt to conduct additional attacks in Europe, and attempt to direct attacks on the US homeland in 2016.” He was speaking at the annual US Senate hearing on world-wide threats along with other key US… Continue Reading

Empowering Your Own Success – Helping Others to do the Same

America is the land of opportunity and we love having choices. One of the great things these days that we are able to choose is who supplies our natural gas and electricity. With the deregulation of energy, competition has been created in the marketplace and this creates an environment of innovation, added-benefits for consumers and… Continue Reading

Ten Highest Paying Cities in the US

In some cities more than others, “it’s all about the money.” Although most of the time more goes into the equation of where someone is going to live than just potential salary, knowing where the highest paying jobs are located can help influence that decision. US News recently released its Best Jobs Rankings for 2016,… Continue Reading

FYI Development Lab Contest

This year’s Annual Realscreen Summit – now in its 18th year – attracted a staggering 2,351 delegates hailing from 29 countries. Hosted by the Marriott Marquis Washington DC, the goal of the summit is to “conduct business and examine the trends and ideas set to lead the non-fiction and unscripted genres into the future.” For… Continue Reading