U.S. threatens tighter financial restrictions on Cuba

[DonViejo]

Source: Reuters


MARCH 4, 2019 / 10:20 AM / UPDATED 11 MINUTES AGO

WASHINGTON (Reuters) - The Trump administration on Monday threatened to put additional financial restrictions on Cuba’s military and intelligence services amid the political turmoil in Venezuela.

“Cuba’s role in usurping democracy and fomenting repression in Venezuela is clear. That’s why the U.S. will continue to tighten financial restrictions on Cuba’s military and intel services. The region’s democracies should condemn the Cuba regime,” White House national security adviser John Bolton said in a Twitter post.

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Read more: https://www.reuters.com/article/us-usa-cuba-bolton/u-s-threatens-tighter-financial-restrictions-on-cuba-idUSKCN1QL1KJ?feedType=RSS&feedName=politicsNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FPoliticsNews+%28Reuters+Poli

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MARCH 4, 2019 / 10:20 AM / UPDATED 13 MINUTES AGO

U.S. to allow lawsuits against some foreign firms doing business in Cuba: sources

Patricia Zengerle, Matt Spetalnick, Lesley Wroughton
3 MIN READ

WASHINGTON (Reuters) - The Trump administration is preparing to allow lawsuits in U.S. courts for the first time against some foreign companies doing business in Communist-ruled Cuba using properties confiscated from Cuban-Americans and other U.S. citizens, according to people familiar with the matter.

The move, which could be announced as early as Monday, could threaten Cuba’s efforts to attract more foreign investment and is also aimed at punishing Havana over its support for Venezuela’s socialist president, Nicolas Maduro, who is facing a political and economic crisis, the sources said.

President Donald Trump’s administration is expected to act on a threat issued in January to allow a controversial law that has been suspended since its creation in 1996 to take effect later this month, permitting U.S. citizens to sue foreign companies over property seized in the 1960s by the Cuban government.

The State Department plans to allow Title III of the Helms-Burton Act to go into effect with a “partial waiver” to protect U.S. businesses and those of certain American allies, according to the sources, who were briefed on the matter. However, it could leave Russian and Chinese companies invested in Cuba at risk of U.S. litigation, they said.

more
https://www.reuters.com/article/us-usa-cuba/u-s-to-allow-lawsuits-against-some-foreign-firms-doing-business-in-cuba-sources-idUSKCN1QL1KV?feedType=RSS&feedName=politicsNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FPoliticsNews+%28Reuters+Politics+News%29

[C_U_L8R]

1. Did someone refuse His Spankyness?

He must have been expecting a Trump Havana. For free.

[PeeJ52]

2. It's working in Venezuela... let's get Cuba...

Last edited Mon Mar 4, 2019, 01:08 PM - Edit history (1)

Venezuela was the only thing keeping Cuba alive anyway. As long as Putin stays out, Cuba will fall too. IF, Putin stays out...

[Miguel M]

5. Cuba will fall too? Fall where? Fall into who's hands?

I don’t get your point... you want Trump in Cuba and Putin out?

[PeeJ52]

9. Sorry, forgot the sarcasm...

was speaking from the neocon point of view... This is how they starved Venezuela... Now that Venezuela is falling to the World Bank's chosen, Cuba will be next, although Cuba doesn't have the resources Venezuela does.

[Miguel M]

11. I dunno. Cuba has much more global goodwill than Ven.

Not to mention that Cuba has 58 years of survival skills under their belts. Plus, Cubans in Cuba love their way (socialist Cubania).

[PeeJ52]

13. Yes, I know, but once the chosen one is placed in Venezuela...

Cuba will get no more oil. Cuba will get no more anything. They will be starved to death unless Russia helps them. Having Cuba fail would be a great notch in Trump's belt.

[Miguel M]

16. Russia will and is helping

Cuba and Russia recently signed cooperation and trade agreements along with debt forgiveness. Possibly a return of the Russian naval station.

[Judi Lynn]

6. "LET'S" get Cuba? What right do "we" have to "get" Cuba? What Democrat ever gave you that idea? n/t

[PeeJ52]

10. Sorry, forgot the sarcasm...

was speaking from the neocon point of view... This is how they starved Venezuela... Now that Venezuela is falling to the World Bank's chosen, Cuba will be next, although Cuba doesn't have the resources Venezuela does.

[Miguel M]

12. Cuba owes no one in the World Bank.

Cuba has developed an entirely different model, no matter what Americans think.

[PeeJ52]

14. Cuba is not self sufficient.

Once Venezuela falls, Cuba falls.

[Miguel M]

15. Cuba's demise; prediction #97564

[B Stieg]

3. The bombing of Transylvania should begin immediately!

Because of MAGA...

[groundloop]

4. So what's in it for Tiny.

If Tiny is doing this there must certainly be a financial incentive for himself.

[yaesu]

7. I think its just his continued obsession to undo everything Obama did

which was building stronger ties with Cuba, ending sanctions. If he had a chance of building a tRump tower there he would be kissing up to the Cuban government, ending all sanctions.

[gohuskies]

8. Drumpf is a Hyman Roth wannabe

He is thinking of how to profit from Cuba just like he wants to in Pyongyang... disgusting p.o.s....

[stillcool]

17. every damn day....

another reason to hate these people.