Obama Announces U.S. and Cuba Will Resume Diplomatic Relations

Obama Announces U.S. and Cuba Will Resume Diplomatic Relations


WASHINGTON — The United States will restore full diplomatic relations with Cuba and open an embassy in Havana for the first time in more than a half-century after the release of an American contractor held in prison for five years, President Obama announced on Wednesday.

In a deal negotiated during 18 months of secret talks hosted largely by Canada and encouraged by Pope Francis, who hosted a final meeting at the Vatican, Mr. Obama and President Raúl Castro of Cuba agreed in a telephone call to put aside decades of hostility to find a new relationship between the United States and the island nation just 90 miles off the American coast.

“We will end an outdated approach that for decades has failed to advance our interests and instead we will begin to normalize relations between our two countries,” Mr. Obama said in a nationally televised statement from the White House. The deal will “begin a new chapter among the nations of the Americas” and move beyond a “rigid policy that’s rooted in events that took place before most of us were born.”

The contractor, Alan P. Gross, traveled on an American government plane to the United States late Wednesday morning, and the United States sent back three Cuban spies who had been in an American prison since 2001. American officials said the Cuban spies were swapped for a United States intelligence agent who had been in a Cuban prison for nearly 20 years, and said Mr. Gross was not technically part of the swap, but was released separately on “humanitarian grounds.”

In addition, the United States will ease restrictions on remittances, travel and banking relations, and Cuba will release 53 Cuban prisoners identified as political prisoners by the United States government. Although the decades-old American embargo on Cuba will remain in place for now, the president called for an “honest and serious debate about lifting” it.

“These 50 years have shown that isolation has not worked,” Mr. Obama said. “It’s time for a new approach.”

Addressing critics of his new approach, he said he shares their commitment to freedom. “The question is how do we uphold that commitment,” he said. “I do not believe we can keep doing the same thing for over five decades and expect a different result.”

Mr. Castro spoke simultaneously on Cuban television, taking to the airwaves with no introduction and announcing that he had spoken by telephone with Mr. Obama. “We have been able to advance the solutions of some themes of interest to both nations,” he said. “This decision of President Obama deserves the respect and acknowledgment of our people.”

“This does not mean the principal issue has been resolved,” he added. “The blockade which causes much human and economic damage to our country should cease.”

January 19, 2015

Tierra del Sol

October 2014


The Americas Group Real Estate Participates

In Palm Beach County Development

The Americas Group Real Estate LLC  has been active in identifying real estate investment opportunities in Palm Beach County, Florida and is launching its first residential project in which it has invested - Tierra Del Sol (

Frank Weed, Chairman and COO of The Americas Group Real Estate put the project under contract with local development partners and construction will begin in November this year.

Tierra Del Sol features twelve luxury 3 and 4 bedroom townhomes ranging from $800,000 to over a million dollars located on the Jupiter Ridge Preserve with views of the Intracoastal Waterway. It is the only residential project located east of the Intracoastal and located in the well know Riverwalk area of the Town of Jupiter, Florida.

The Americas Group Real Estate has identified other opportunities in the Palm Beach County area.

If you have interest in receiving information concerning the projects/investments, please contact Frank Weed.


Frank Weed

Office 561 406 2588

Cell     561 373 0956

October 2, 2014

Sunvesta votes Howard Glicken and Jose Maria Figueres to their Board of Directors

José María Figueres Olsen and Howard M. Glicken

have been unanimously voted onto the boards of SunVesta Holding AG and SunVesta Inc.

 The appointment of these two new board members represents a significant strengthening of the management of SunVesta and is connected to the continuing successful development of SunVesta’s flagship real estate development, the Paradisus Papagayo Bay Resort & Luxury Villas, Guanacaste, Costa Rica, a luxury hotel and villa complex managed by Paradisus, a luxury brand of Melía Hotels International; with an investment volume of nearly USD 200 million, the project is currently the largest private investment in Costa Rica. The appointment of Mr. Figueres and Mr. Glicken is further linked to the group’s focus on sustainable real estate development and its expansion strategy in Costa Rica and Latin America.

 Curricula vitae of the new board members

 José María Figueres Olsen

Member of the Board of Directors of SunVesta Holding AG

 José María Figueres Olsen (born in San José, Costa Rica, December 24, 1954), is a Costa Rican businessman, and politician. After he left the presidency of Costa Rica in 1998, Mr. Figueres has also been involved in global issues such as climate change, sustainable development, and technology. He started his career as an engineer working in agribusiness. After a decade, he entered public service as Minister of Foreign Trade and then Minister of Agriculture. In 1994, he was elected President of Costa Rica, as the nation's youngest elected president of the 20th century. In 2000, he joined the World Economic Forum in Switzerland, and later he worked with Concordia 21 in Madrid. Since 2010, he has been Chairman of the Carbon War Room, an independent non-profit organization focused on the global transition to a low carbon economy. On March 27, 2012, Sir Richard Branson announced that he was appointed as the new President of the Carbon War Room.

Upon returning to Costa Rica after concluding his studies at West Point, he joined and later led the restructuring process of the deeply indebted family business, Sociedad Agroindustrial San Cristobal (SAISC) . Mr. Figueres helped return the business to profitability by disposing of non-productive assets, reducing leverage, improving the efficiency of many industrial processes, and focusing on expanding exports.

Years later, in 1990, Mr. Figueres co-founded Energía Global Inc. a renewable energy company with operations in Costa Rica, Guatemala, and Chile. The business was later sold and today it continues to operate as a subsidiary of ENEL, Italy's largest power company.

 In 1986 Nobel Peace Prize Laurate and President Óscar Arias (1986–1990), appointed Mr. Figueres to overhaul the ailing National Railway System, INCOFER. He was then appointed Minister in the Arias government, first of Foreign Trade and later of Agriculture. Upon the completion of the governmental period Mr. Figueres continued his academic studies at the John F. Kennedy School of Government at Harvard University, graduating in 1991 with a Master's Degree in Public Administration.

Following his graduate studies at Harvard, Mr. Figueres returned to Costa Rica and declared his intention to seek the nomination of the political party he belonged to, Partido Liberación Nacional. After a heated and much-disputed primary election process involving five candidates, Mr. Figueres won the party's nomination in 1993 and went on to the national election that he won in February 1994. José María Figueres Olsen was elected President of Costa Rica for four years at the age of 39, the nation's youngest president in the 20th century.

In 1999, Mr. Figueres joined the Board of Directors of Terremark Worldwide Inc., on which he served for five years. He then continued to be closely associated with the company in its international expansion projects. Terremark is involved in transforming and securing enterprise-class IT on a global scale, providing industry managed services, cloud computing, colocation and web hosting solutions for enterprise IT infrastructures from their data centers. In 2011, Terremark was acquired by Verizon.  In 2005, Mr. Figueres undertook a one year assignment as Managing Director of Talal Abu-Ghazaleh Organization, responsible for refocusing global consulting within the group. This group is the largest Arab group of professional services firms, headquartered in Amman, Jordan, with over 73 offices in 23 countries. From 2006 to 2009, Mr. Figueres served on the International Advisory Board of Abraaj Capital, the largest Middle East Private Equity firm with over $6 billion of assets under management. In 2009, he joined the Advisory Board of Grupo Arcano, an independent financial services firm based in Madrid, Spain. The group is a leading boutique in investment banking and asset management services.

In 2010, Mr. Figueres joined IJ Partners in Geneva, Switzerland, as a Managing Partner. IJ Partners was founded in 2009 during the global economic crisis, to provide financial services to private individuals and family offices investing exclusively in tangible assets.

Howard Glicken

Member of the Board of Directors of SunVesta Holding AG

Howard M. Glicken Howard M. Glicken is the Founder, Chairman and CEO of The Americas Group, a consulting/merchant-banking firm focused solely on Latin America, Mexico and the Caribbean. He has over 35 years of business and political experience in Latin America. During this time, Mr. Glicken was a co-founder and Vice-Chairman of Spectrum Telecommunications Corporation, a telephone service provider in Brazil, Argentina, Chile and Peru, which was sold in August 2000 to Terremark Worldwide, Inc., a publicly traded company. Mr. Glicken was Chairman of The Commonwealth Group from 1992-1996, a Washington, D.C. based public policy and consulting firm with extensive business and political activities in Latin America. Among its activities the firm assisted U.S. Companies develop and execute their Latin American market entry strategies. This part of the practice evolved into The Americas Group.

Mr. Glicken was Chairman and CEO of Jillian’s Entertainment Corporation from 1983-1992, a diversified NASDAQ listed public company which began as a nonferrous metals trading company, started by Mr. Glicken. It was one of the largest United States purchasers of gold ore from Latin America. From 1981-1983 he was a shareholder, Vice President and Director of Precious Metals of a large independent Miami Bank.

During the years 1972-1981, while Latin America was “industrializing”, Mr. Glicken was President, then Chairman and CEO of MGI Industries, which controlled the pioneer firm in the design and manufacture of extrusion tools and dies for the aluminum and copper industries. The firm also specialized in turnkey solutions for aluminum extrusion, smelting and fabrication facilities throughout Latin America, and its clients included virtually every aluminum extrusion plant in Latin America, Mexico and the Caribbean.

Throughout his career, Mr. Glicken has played a significant private sector role as a good will ambassador to Latin America. He has lectured and written extensively on issues affecting the region. In recent years he has served as a private sector advisor to the Clinton Administration on Latin American affairs and as a member of the private sector advisory group to the Inter-American Development Bank. He is also an advisor to several Latin American governments. He was a member of the Steering Committee and Co-chair of the Finance Committee of the 1994 historic Summit of the Americas in Miami. Mr. Glicken was President Clinton’s official private sector delegate to the Inaugurations of Presidents Menem (Argentina), Fujimori (Peru), Sanguinetti (Uruguay), and Bucaram (Ecuador). He helped prepare and was a member of a Presidential Trade Mission to Latin America with Secretary of Commerce Ron Brown. Mr. Glicken has testified before Congress in 1993 on the Free Trade Area of the Americas and has been a participant in numerous trade conferences and delegations relating to Latin American trade. More recently he was an official guest to the Inauguration of President Fernandez (Dominican Republic). Mr. Glicken advised the Clinton Foundation on Latin American participation in the Clinton Global Initiative and accompanied President Clinton in 2005 on a visit to Sao Paulo, Brazil. He continues to be a Latin American advisor to the Clinton Foundation. He is a member of the U.S./Brazil Business Development Council, Inter-American Dialogue and Council of the Americas. He is recognized as one of the most knowledgeable business and political advisors in Latin America and has been an early promoter in bringing U.S. business and investments to the region.

Mr. Glicken is very active with the Democratic National Party and has served in many capacities over the years. In 1997, he was required to pay a fine due in connection with an election law violation. Mr. Glicken has been National Vice Chairman of Finance of the Democratic Party, a member of the National Finance Board of Directors and a Managing Trustee of the Party. He was also Chairman of the Board of the College Democrats of America, a post he held for ten years, a member of the Chairman’s Council of the Democratic Senatorial Campaign Committee, a Trustee of the Florida Democratic Party, State Finance Chair for Al Gore for President 1988, State Finance Chair for Senator Bob Kerrey for President in 1992, State Co-Finance Chair for President Clinton and a Trustee of the Vice President’s Residence Foundation.

He is on the Executive Board of The Miami Coalition for a Drug Free Community, a Board member of the Make-a-Wish Foundation and the Chairman Elect of the Coral Gables Community Foundation. He is also a member of numerous other corporate, charity and civic organizations and boards. He attended the University of Florida, the American Banking Institute, and the Harvard University Advanced Institute on Negotiation. He is fluent in Spanish and has a working knowledge of Portuguese.

Link to Press Release;[tt_news]=54&cHash=a039d5108cc5658af906f9429734cce7

April 29, 2014

The Americas Group Real Estate is engaged by Portones Del Mar S.A.


Portones Del Mar S.A.

Engages The Americas Group Real Estate

 TAGRE is pleased to announce it has been engaged by Portones Del Mar S.A. ( to advise the principals in implementing the best project development strategy for their community, Portones Del Mar Yacht Club and Resort, and to assist in developing an appropriate financial and marketing plan for the development including a possible joint venture(s) with strategic partners.

Portones Del Mar Yacht Club and Resort is well located on 55 hectares (136 acres) on Punta Chame in the Republic of Panama.  The Club and Resort features a sandy peninsula with 2.4 km (1.5 miles) of beachfront providing for a protected area for beach and boating enthusiasts. The community separates the Pacific Ocean from the Bay of Chame and is located just 50 km (30 miles) southwest of Panama City providing for easy access for residents and visitors alike.

The community’s master plan offers stylish hotel accommodations/resort/residences and villas and is based on creating a community focused on lifestyle amenities as well as the latest technology for sustainable living. The plan features hotel/resort accommodations, a 400 slip marina, marina village, spa facilities, yacht club, and a variety of restaurants/retail/commercial facilities catering to the residents and visitors of Portones Del Mar.  The community will begin development improvements upon receiving approvals for the various aspects of the community.

Panama is one of the fastest growing economies in the world over the past few years and has created significant new levels of wealth. The community’s proximity to Panama City and its large marina facility will make it an ideal weekend and beach resort for Panamanians.  In addition, Panama is becoming one of the world’s premier retirement and tourism destinations and is served by major airlines from the U.S., Europe and Latin America.

For further information:


Frank Weed

The Americas Group Real Estate

Phone (561) 373-0956


July 11, 2013

TAGCBE sign MOU to sell Control to Fuego Enterprises


“The Americas Group Cuba Business Enterprise (TAGCBE) signs an MOU to sell control to Fuego Enterprises, Inc., a publicly traded company”

Symbol: FUGI
CORAL GABLES, Florida, January 23, 2013

The Americas Group Cuba Business Enterprise (TAGCBE), a company focused on providing strategic advice to individuals and companies interested in doing business with Cuba and /or investing in Cuba as regulations permit, has announced the signing of a Memorandum of Understanding (MOU) to sell control of TAGCBE to Cuba Business Development Group Inc. (CBDG) in exchange for shares in its parent Company, Fuego Enterprises, Inc. Symbol: FUGI.

TAGCBE is a division of The Americas Group which has extensive relationships with foreign companies currently doing business in Cuba through its 40 years presence in Latin America and in additional developing markets. Cuba is one of the great remaining "last frontiers" in the Western Hemisphere which presents enormous opportunities for U.S. business interests due in part to its size, diverse and beautiful environment and, most significantly, its geographic proximity to the mainland United States.

TAGCBE believes it is timely and important for U.S. Companies to seriously begin monitoring the prospects and environment for doing business in Cuba and to begin tracking the Cuban market and policies, so they are prepared to make a move when the regulations permit. Towards that end we have assembled a group of synergistic investor partners with expertise and skills in a broad variety of sectors.

Howard Glicken, Chairman of the Board of TAGCBE and The Americas Group said, “CBDG and Fuego will provide an exceptionally well connected presence in Cuba through their current business in Havana and 20 years of experience in doing business in Cuba, which will provide TAGCBE the in country management experience we have been seeking to execute our mission. We are very pleased to be working with such a high quality group.”

CBDG, a fully owned subsidiary of Fuego Enterprises, Inc. (FUGI), provides strategic and business solutions for opportunities in Cuba and the Caribbean basin markets. The company currently owns and/or manages or is an associate in a number of separate business segments with direct relationships in Cuba. The company currently provides strategic consulting services to businesses with an interest in the Cuban market in the delivery of international products, services and technologies into in a number of segments such as telecommunications, gift parcels and cargo transportation to and from Cuba. The company through its media group is committed to support all group-related products and services.

Fuego Enterprises, Inc. is a diversified holdings company with operations in media and entertainment. Fuego specializes in the production, promotion and distribution of Cuban media entertainment services with cultural relevance within the United States and the world. Fuego, also publishes OnCuba (, the first Cuba focused monthly bi-lingual magazine publication with national distribution in the US. OnCuba is published in both print and electronic formats and is distributed in over 59 Barnes & Nobel stores throughout the United States. It is also distributed in Cuba and is the official and exclusive “in-flight” magazine for almost all flights from the US to Cuba.

CBDG, though it subsidiaries Mobile Activation Services ( and Universal Network Operations Cargo (UNOcargo) owns licenses granted by the U.S. Department of Commerce and the Office of Foreign Assets Control (OFAC) to conduct certain international trade, free of certain restrictions under U.S. laws prohibiting financial dealings with Cuba. Consistent with the U.S. guidelines of the Trade Sanctions Reforms and Export Enhancement Act, CBDG intends to operate a number of Cuban business initiatives pursuant to these license agreements. In exchange for consulting fees, CBDG also intends to assist other U.S. businesses export their products and services to Cuba
Hugo Cancio, Founder, Chairman and CEO of Fuego Enterprises and CBDG will become Chairman and CEO of The Americas Group Cuba Business Enterprise (TAGCBE). Cancio said, “This acquisition fully fits with our strategy to drive growth in key areas and markets where we are able to fully leverage our unique expertise, capitalize on years of experience and solid relationships, and deliver shareholder value with stronger and more stable growth. We are very excited about our association with the prestigious Americas Group.”

March 4, 2013