2 weeks ago

US sanctions Raul Castro’s grandson and five Cuban companies

US sanctions Raul Castro’s grandson and five Cuban companies
US imposes new sanctions on Raul Castro’s grandson, Cuban companies · theprint.in

The United States announced new punishments against a member of Raul Castro’s family and five Cuban companies.

The punishments are called sanctions, which can make it harder for people or businesses to use money and trade internationally.

The United States said the Castro family and Cuban leaders benefit while ordinary Cubans suffer.

It also accused Cuba’s government of supporting terrorist groups and limiting human rights.

Cuba said the United States is causing the country’s problems and making unfair accusations.

Restrictions on oil shipments have contributed to power outages across Cuba, according to the report.

The United Nations warned that the situation could become a humanitarian crisis.

Cuba introduced new rules to attract foreign investment, trade and tourism while facing the economic pressure.

Key facts

Sanctioned individual
Fidel Ernesto Castro, 31, Raul Castro’s grandson
Sanctioned companies
Five Cuban companies
Bank targeted
Banco Exterior de Cuba, a state-owned Cuban bank
Industries targeted
Nickel mining and energy, including an oil import company
U.S. justification
Washington cited alleged elite enrichment, human-rights restrictions, alleged support for terrorist groups and the export of Marxist ideology.
Humanitarian warning
The United Nations warned that Cuba’s worsening conditions could become a humanitarian crisis.
Cuban response
Foreign Minister Bruno Rodriguez said Washington was responsible for the crisis and that Cuba does not threaten U.S. national security or its economy.

Quotes

Bruno Rodriguez

Cuban Foreign Minister

“The accusation that Cuba allegedly sponsors terrorism actually reveals the U.S. government’s lack of seriousness.”
theprint.in
“The truth is that Cuba does not threaten U.S. national security or the U.S. economy, nor does it wish to do so”
theprint.in

Sources

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