1974: They may be the last hurdles in the way of renewed trade between the
United States and Cuba. An embargo failed to work and indirect business
has begun.
The Cuban government blames the U.S. economic embargo for its woes. The situation has worsened and authorities are allowing some cargo airlines to make flights to Havana.
A couple of South Florida air charter companies hoped to fly care packages to Cuba, but the U.S. State Department and some cargo rivals opposed their effort for different reasons.
The Cuban invasion force was to land under the cover of night to begin a counter-revolution against Cuba’s communist government, but the operation unraveled in hours as the invasion fleet floundered in the Bay of Pigs.
The Treasury Department agency is closely monitoring vessel name changes used by Venezuelan and Cuban authorities to sidestep U.S. trade sanctions.
The Office of Foreign Assets Control places subsidiary to Cuban state-run oil shipper, Corporacion Panamericana, on blacklist for circumventing sanctions against Venezuela’s oil sector.
The Trump administration said it is taking this latest regulatory action to further restrict the Cuban government’s efforts to support Venezuela’s Maduro regime.
The U.S. Treasury Department’s Office of Foreign Assets Control said three GE subsidiaries failed to use “reasonable care” by accepting payments from a Cuban entity associated with a Canadian customer.
Four ocean shipping firms and four tankers are added to the Office of Foreign Assets Control’s Specially Designated Nationals List for their roles in supporting Maduro regime.
