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The government charges U.S. sanctions are largely to blame for leaving large swathes of the population facing daily power outages, double-digit inflation and shortages of basic goods, water and fuel.
The decadeslong U.S. embargo against Cuba makes it harder to export goods to the communist country, even though laws have been adjusted over time.
The U.N. General Assembly called for the 31st time on the United States to end its decades-long trade embargo against Cuba as the communist-run island suffers its worst economic crisis in decades ...
The National Capitol of Cuba in Havana was built in 1929 and is said to be modeled on the United States Capitol in Washington, D.C., 2014. The United States embargo against Cuba has prevented U.S. businesses from conducting trade or commerce with Cuban interests since 1958.
On 12 January 2021, then-U.S. President Donald Trump added Cuba to the State Sponsors of Terrorism list, implementing a new series of economic sanctions on the country. [7] The government of Cuba had hoped that Joe Biden would remove Cuba from the list. However, Biden has entirely avoided the issue and, according to Cuban governmental sources ...
UNITED NATIONS (AP) — The U.N. General Assembly voted overwhelmingly Thursday to condemn the American economic embargo of Cuba for a 31st year after its foreign minister urged, “Let Cuba live ...
In 2020, the economic situation in Cuba worsened. The Cuban economy contracted by 10.9% in 2020, and by 2% in the first six months of 2021. [11] The economic crises emerged from a combination of factors, [46] [47] including reduced financial support (subsidized fuel) from Cuba's ally Venezuela, the United States embargo against Cuba and United States sanctions (tightened by the Trump ...
The United States has piled dozens of new sanctions on the Communist-run country since a trade embargo was put in place following Fidel Castro's 1959 revolution, most recently under former ...