- The US imposed an oil blockade and sanctions on Cuba while simultaneously exploring possible improvements in bilateral relations.
- Potential deals regarding Cuba's existing state apparatus were reported by the Financial Times.
Miguel Díaz-Canel announced a new policy regarding foreign investment in hotels, amidst the deepening economic crisis caused by U.S. sanctions.
11 reports, 7 independent
Updated Jul 22
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What happened
Miguel Díaz-Canel announced a new policy regarding foreign investment in hotels, amidst the deepening economic crisis caused by U.S. sanctions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Potential deals regarding Cuba's existing state apparatus were reported by the Financial Times.Also in this story
- The executive body, the Council of Ministers, is currently overseeing the state enterprise system in Cuba.
- Ramiro Valdés Menéndez, the architect of Cuba’s surveillance state, is mentioned in connection with the island nation.
- Cuba passed a law allowing suits against companies benefiting from confiscated property, while claims are currently being reviewed.
The entities involved
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Miguel Díaz-Canel
First Secretary of the Communist Party of Cuba and top leader of Cuba since 2021
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Cuba
sovereign state situated on an island in the Caribbean Sea
Related events
- Trump suggested American investors engage Cuban hotel sector, while David Jolly criticized his foreign policy.
- The UN General Assembly condemned the US economic embargo against Cuba.
- ECLAC projects a 10.3% output fall in 2026 as US sanctions and GAESA control squeeze Cuba's economy.
- The US Treasury Department expanded restrictions on US investments targeting Cuba, Russia, Iran, and North Korea.
- Cuba initiated an extraordinary session of the General Assembly to protest sanctions imposed by the Trump administration.