UK Foreign Secretary Visits Cuba for First Time in Nearly 60 Years
Britain’s foreign secretary met with Cuban officials Thursday to discuss trade and tourism ties with the communist country, marking the first visit of its kind since 1959.
Upon landing in Cuba late Thursday, Philip Hammond said Britain is ready to strengthen its ties with the small island nation, and signed several cooperation agreements on energy, education and financial services.
Last year, according to the British Department of Trade and Industry, exports to Cuba rose by 25 percent. Also last year, according to Hammond, Britain was the second largest country of origin for tourists to Cuba, trailing only Canada, with 160,000 Britons making the trip.
Hammond is scheduled to participate in several “high-level meetings” while in Cuba to discuss social and economic changes, human rights and the fight against global health threats such as the Zika virus.
Hammond’s visit to Cuba follows a March visit by U.S. President Barack Obama – the first president to visit Cuba since 1928.
Apple’s First Sales Decline in 13 Years
The world's most profitable company became less valuable this week when California-based Apple Inc. reported the first decline in iPhone sales in 13 years.
Apple CEO Tim Cook blames the struggling Chinese economy for Apple's weaker earnings, but analysts say other factors may be at play including the increasing saturation in the smartphone market and a shortage of new products.
More than two billion people around the world own a smartphone – nearly one in five of them are iPhones. The phone’s success has been key to Apple’s transformation into a global technology leader, but the days of people lining up around the block for the next great iPhone may be over.