Cubans awoke on Friday for the first time in half a century with the right to buy new and used vehicles from the state without special permission, but price markups of 400 percent or more quickly dashed most people's expectations. A new Kia Rio hatchback that starts at $13,600 in the United States sells for $42,000 in Havana, while a fresh-off-the-lot Peugeot 508 family car, the most luxurious of which lists for the equivalent of about $53,000 in the U.K., will set one back a cool $262,000.

Negotiations with Marxist guerrillas are closer than ever to ending a 50-year conflict, Colombian President Juan Manuel Santos said in an interview after a breakthrough in talks, even as his political opponents accuse his government of selling out to the rebels. “I think this time we will reach an agreement, and we will have peace,” Santos said, appearing relaxed, the collar of his dress shirt unbuttoned, as he flew on the presidential plane to this northern city to oversee infrastructure projects. “We have never even been close to what we have already achieved.”

The first hotel specializing in the music of Cuba, the Blue Salsa Club, will open its doors in November with a new idea in cultural tourism in the resort community of Varadero, the most famous on the island, local media reported Sunday. The project hatched by Spain’s Blue Bay group and Cuba’s Paradiso cultural tourism agency will promote musical genres like salsa, guaracha, bolero and the Caribbean island’s traditional dances.

A collaboration between USC Annenberg, the David and Dana Dornsife College and Price School of Public Policy sent a group of USC students to study shifting political, social and economic landscapes in Cuba for the second consecutive summer. Under the direction of Journalism Professor Roberto Suro and USC Dornsife Professor Pamela Starr, 25 students from an array of disciplines — public relations, public diplomacy, specialized journalism, strategic communications and international relations — spent one month immersed in research and investigation of all things Cuba.

As far as the Internet goes, Cuba is the Western Hemisphere’s last frontier. Despite the island nation’s proximity to Florida — just 90 miles away — and the existence of a fully functioning fiber-optic cable linked up to Venezuela, only 25% of the population is online, according to last year’s government statistics, which are likely inflated. In June, Cuban citizens were for the first time legally allowed access at designated “cyber points” but few can afford the charges—the cost of one hour online matches an average Cuban’s week’s salary.

“Cuba Libro” is Cuba’s very first English language bookstore. It opened its door to customers last week. Conner Gorry, a New York City native living in Havana, first came up with the idea. She envisioned a comfortable place for book lovers to leaf through English-language books. Anchor Marco Werman speaks with Gorry about “Cuba Libro” and the complexities of operating a small business in the island.

The twelfth round of peace talks between the Colombian government and FARC rebels ended on Saturday in Havana, Cuba with both sides expressing optimism despite a lack of recent concrete actions and agreements in the past week. Current negotiations, which began in October 2012, have been more successful than previous attempts, with difficult obstacles like land reform having reportedly been cleared.

Cuba's first English-language bookstore offers a selection that would just about stock the lobby of an average Vermont bed and breakfast. Next to what's available in English elsewhere in Havana, it might as well be the Library of Congress. The brainchild of a longtime U.S. expat, Cuba Libro launched Friday as a bookshop, cafe and literary salon that offers islanders and tourists alike a unique space to buy or borrow tomes in the language of Shakespeare. Cuba Libro also gives customers an occasional glimpse of opinions hard to find elsewhere on the island.