Featured Cuba

American Airlines, Latam Airlines Sued Over Seized Cuban Airport

A U.S. citizen sued two airline companies in a U.S. federal court under a newly revived provision that permits legal action by U.S. citizens or entities against companies doing business on property that was confiscated by the Cuban government. The suit, filed Wednesday in the U.S. District Court for the… Read More

U.S. slaps sanctions on firms moving Venezuelan oil to Cuba

The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport. Despite tough U.S. measures against Venezuela’s state-owned oil company PDVSA in… Read More

‘Rio Treaty’ Nations to Cooperate on Sanctions on Venezuela’s Maduro

Western Hemisphere nations voted Monday to employ a regional treaty to impose sanctions against embattled Venezuelan leader Nicolás Maduro, accusing his regime of criminal activity including drug trafficking and money laundering. In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American… Read More
13th September 2019
Jason Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba. Cuba, which in many ways remains stuck in the analogue past, may seem an unlikely hotbed for cryptocurrencies – digital… Read More
9th September 2019
The U.S. Treasury Department on Friday said it will curb remittances to Cuba and ban some money transfers through U.S.-regulated banks in a stiffening of a sanctions ban it says will further financially isolate the country. The Trump administration began reversing an Obama-era thawing of relations early in its tenure,… Read More
11th July 2019
The family of the former owners of a Cuban bank seized by Fidel Castro’s government nearly six decades ago sued Societe Generale (SOGN.PA) for approximately $792 million, saying the French bank owes damages for circumventing U.S. sanctions against Cuba. In a complaint filed on Wednesday with the U.S. Read More
8th July 2019
On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too – by launching a cryptocurrency that defeats a U.S. trade embargo. The creator of the eponymous… Read More
4th July 2019
AP — The United States hit Cuba’s state-run oil shipping firm Cubametales with financial sanctions on Wednesday, saying it’s a key player propping up Venezuela’s President Nicolás Maduro. “Maduro is clinging to Cuba to stay in power, buying military and intelligence operatives in exchange for oil,” U.S. Treasury Secretary… Read More
26th June 2019
U.S. sanctions on Cuba are deterring American firms from exploring its telecommunications sector even as Washington seeks to expand internet access on the Communist-run island, according to the final report of a U.S. government task force released on Tuesday. Chinese companies dominate Cuba’s telecoms sector, a status quo “worth challenging… Read More
5th June 2019
The Trump administration banned cruises to Cuba under new restrictions on U.S. travel to the Caribbean island imposed on Tuesday to pressure its Communist government to reform and stop supporting Venezuelan President Nicolas Maduro. The tightening of the decades-old U.S. embargo on Cuba will further wound its crippled economy, as… Read More
6th May 2019
The European Union warned the Trump administration on Thursday that its recent decision to permit US citizens to sue over seized Cuban assets could prompt the economic bloc to invoke countermeasures. In a statement, the EU High Representative Federica Mogherini said that the decision by the White House… Read More
1st May 2019
AP — The Trump administration quickly declared enthusiastic support Tuesday for the Venezuelan opposition effort to spark a military uprising against embattled President Nicolas Maduro, hoping for decisive action in the political crisis that has engulfed the South American nation. Late in the day, President Donald Trump threatened a “full… Read More
18th April 2019
By William M. LeoGrande, American University School of Public Affairs The Trump administration has declared the most severe new sanctions against Cuba since President John F. Kennedy imposed an economic embargo banning all trade with the communist island in 1962. Speaking in Miami on April 17,… Read More