New U.S. sanctions against "troika of tyranny" (April 18, 2019)
latinamericadailybriefing.substack.com
The U.S. imposed new restrictions on travel to Cuba, limits on remittances that can be sent there, and will permit exiles to sue for property seized by the revolutionary government. Such lawsuits against foreign companies that use properties nationalized by the Castro government after 1959 were technically permitted by the Title III of the 1995 Helms Burton act, but have been waived by every president since. The Trump administration's move is expected to unleash a slew of complicated suits worth tens of billions of dollars. Canada and European Union representatives lobbied against permitting them in recent weeks, and said the shift was "regrettable." Companies from those countries have significant investments in hotels, distilleries, tobacco factories and other properties on the island.
New U.S. sanctions against "troika of tyranny" (April 18, 2019)
New U.S. sanctions against "troika of…
New U.S. sanctions against "troika of tyranny" (April 18, 2019)
The U.S. imposed new restrictions on travel to Cuba, limits on remittances that can be sent there, and will permit exiles to sue for property seized by the revolutionary government. Such lawsuits against foreign companies that use properties nationalized by the Castro government after 1959 were technically permitted by the Title III of the 1995 Helms Burton act, but have been waived by every president since. The Trump administration's move is expected to unleash a slew of complicated suits worth tens of billions of dollars. Canada and European Union representatives lobbied against permitting them in recent weeks, and said the shift was "regrettable." Companies from those countries have significant investments in hotels, distilleries, tobacco factories and other properties on the island.