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US Targets Cuba's GAESA, Economic Standoff Deepens

US Targets Cuba's GAESA, Economic Standoff Deepens

Published 1 week, 2 days ago
Description

Trump Administration Tightens Screws on Cuba: GAESA, the military-run conglomerate, faces US sanctions, impacting investors like Sherritt International. GAESAs dominance in Cubas economy, with forty percent of GDP, is challenged by low tourism, blocked oil shipments, and blackouts, exacerbating shortages. Cuba condemns the moves, but remains firm on sovereignty, as economic tensions escalate.

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