So much for encouraging capitalism in Cuba. Independent Cuban entrepreneurs are banned from using U.S. banks under new Treasury Department rules announced Tuesday. The latest rules leave families with fewer legal, reliable ways to send money to Cuba to support their relatives. Such measures threaten to cripple Cuba’s fragile but growing private sector and deepen … Read more
President Donald Trump today called Cuba an “absolutely failed state” and vowed the country “will fall.” Speaking before the 81st United Nations General Assembly, Trump declared to world leaders, “Communism will never be coming to America, but freedom will be coming to Cuba.” As he spoke, members of the Cuban delegation stood up and left … Read more
U.S. sanctions against Cuba caused a record loss of $8.083 billion during a single 12-month period, Cuban Foreign Minister Bruno Rodríguez told the United Nations. Rodríguez said the losses occurred between March 1, 2025, and February 28, 2026, and marked a 7% increase over the previous record-high damages posted just one year ago. Cuban officials say … Read more