US imposes new sanctions on Cuba-linked entities and individuals
The United States has announced a new wave of sanctions targeting eight individuals and five entities connected to the Cuban government. The sanctions target individuals and organizations accused of helping procure military equipment from abroad on behalf of Cuba’s Ministry of the Revolutionary Armed Forces and its security agencies. The US State Department justified the […]
US Sanctions the Cuban Ministry of Tourism
The US administration, under President Donald Trump’s second term, has expanded its sanctions against Cuba by adding the Cuban Ministry of Tourism to the Treasury Department’s Office of Foreign Assets Control (OFAC) list. While the exact operational impacts are still unclear, any direct or indirect business with an OFAC-listed entity poses severe legal and compliance […]
Western Union halts money transfers to Cuba due to U.S. sanctions
Financial services company Western Union has halted money transfers to Cuba following the reinstatement of sanctions by the U.S. State Department on Cuban military-run businesses. This move is already impacting Cuban American families who rely on sending financial support to relatives on the island, News.Az reports citing CBS news. U.S. Secretary of State Marco Rubio […]