US Blockade Of Cuba Intensified Under Pres Obama
US Blockade Of Cuba Intensified Under Pres Obama
HAVANA, Oct 9 (BERNAMA-NNN-Prensa Latina) -- The US blockade against Cuba was intensified during president Barack Obama's administration with the increased persecution of financial institutions which have business relations with the island.
Andres Zaldivar, a researcher of the Center for the Study of Global Economy said in a video conference on the topic that the measures were part of the implementation of Obama's "smart power" policy.
From 2010 to 2014, out of the 130 extraterritorial actions carried out against the island, 81 were in the financial sector and 38 institutions were fined with the astronomical amount of more than US$11.4 billion, he added.
He stressed that sanctions are imposed even to US allies, like the recent US$8.9 billion fine to the French bank BNP Paribas.
Obama's strategy includes financing the USAID in order to implement subversive programs through the use of the new information and communication technologies, like the Cuban Meanwhile Washington keeps alive the philosophy of punishment, the policy of not forgiving Cuba for having taken the reins of its destiny, Josefina Vidal, Director General of United States department in the Cuban Ministry of Foreign Affairs said.
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uh huh 