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U.S. Sanctions Force Foreign Retreat from Cuba

U.S. Sanctions Force Foreign Retreat from Cuba

Published 1 day, 1 hour ago
Description

The U.S. is forcing foreign companies to sever ties with Cuba’s military-linked conglomerate GAESA or face asset freezes — and the deadline is fast approaching. Already, major players like Blue Diamond Resorts and Iberostar are pulling out, crippling Cuba’s fragile economy. Experts warn this year could be the worst in 70 years, as sanctions, energy blockades, and corporate departures collide. While the U.S. accuses GAESA of enriching elites, Cuba says it’s essential for survival — especially during the pandemic. The fallout is real: a geopolitical showdown with devastating human costs.

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