News Cuba: Cuba Acquires Unilateral Power To Freeze Bank Accounts Without Warning
The Cuban government has enacted a new law granting the Ministry of the Interior and the Central Bank of Cuba joint authority to freeze financial accounts, property, and other assets on the island without prior notice to the owners. Published on Monday, May 18, 2026, in the Gaceta Oficial de la República de Cuba, Resolution 6/2026 establishes a specialized executive group led by the Technical Directorate of Investigations (DTI).
News Cuba: Marco Rubio Targets Cuba's Financial Stronghold: GAESA Hit with New Sanctions
The Trump Administration unveiled a fresh wave of sanctions on Thursday, aimed squarely at the Cuban military conglomerate GAESA, which Washington vie...
News Cuba: Canadian miner Sherritt pulls out of Cuba on sanctions threat
Sherritt has been mining cobalt and nickel in eastern Cuba since the 1990s, processing the metals at its Alberta refinery. The miner gambled on entering Cuba when Fidel Castro tentatively opened the ...
News Cuba: Cuba Executive Order Exposes Non-U.S. Companies and Financial Institutions to Significant New Sanctions Risk
The May 1 Executive Order (E.O.) significantly expands the authority of the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC),...
News Cuba: New Cuba Sanctions Present Increased Sanctions Risk For Foreign Financial Institutions and Foreign Persons Operating in Targeted Sectors of Cuba’s Economy
On May 1, 2026, President Trump issued an Executive Order (the “Executive Order”) under the International Emergency Economic Powers Act (“IEEPA”)...
News Cuba: Trump Says Cuba Should 'Make A Deal, BEFORE IT IS TOO LATE'
President Donald Trump has put a stop to the flow of Venezuelan oil and financial aid to Cuba, urging Havana to negotiate a deal with Washington. Trump’s move comes amidst escalating tensions between the U.S. and Cuba, a long-standing adversary. Venezuela, which is Cuba’s primary oil supplier, has not shipped any cargoes to the Caribbean nation since the U.S. capture of Venezuelan President Nicolas Maduro earlier this month, due to a stringent U.S. oil embargo on the OPEC country. In the meantim
News Cuba: Etecsa en Ciego de Ávila optimiza servicios con enfoque de inteligencia energética
Ante la actual contingencia energética y la escasez de combustible que enfrenta la nación, la División Territorial de la Empresa de Telecomunicaciones de Cuba S. A. (Etecsa) en Ciego de Ávila ha ...
News Cuba: Dollar Strengthens Amid Rising Demand in Cuba's Informal Market
As of Tuesday morning, Cuba's informal currency market is witnessing a significant shift: the U.S. dollar has set a new selling record. Meanwhile, th...
News Cuba: Dollar Rises in Cuba's Official Market as Euro Declines: Global Trends Hold the Key
The official exchange rates set by the Central Bank of Cuba (BCC) have shifted once again in what is known as Segment III of the currency market. This...
News Cuba: Joe García: "Lifting U.S. Pressure Won't Revive a Bankrupt Cuba"
The economic collapse in Cuba has evolved from a temporary crisis to a deeply rooted structural problem that cannot be resolved with isolated actions....
News Cuba: Euro Experiences a Decline in Cuba's Black Market Exchange Rates
On this Friday, the U.S. dollar is trading at 515 CUP in Cuba's unofficial market. Its high value persists amid a continuous shortage of foreign curre...
News Cuba: Two Currency Drops Shake Cuba's Informal Market
The informal currency market in Cuba kicks off the week with two significant developments: a sharp decline in the value of the euro and the Freely Con...
News Cuba: Cuba’s electric grid collapses plunging millions into island-wide power blackout
Cuba's national electric grid has collapsed, leaving around 10 million people without power amid a U.S.-imposed oil blockade that has crippled the island's already obsolete genera ...
News Cuba: Cuba's national grid collapses, leaving millions without power
Cuba's national electric grid collapsed on Monday, the country's grid operator said, leaving around 10 million people without power amid a U.S.-imposed oil blockade that has crippled the island's already obsolete generation system.
News Cuba: Why did Cuba's power grid fail? Lack of oil is the main problem.
Cuba is slowly restoring power to 10 million people after its national electrical grid collapsed March 16, a blackout caused by an obsolete power system coupled to an oil blockade imposed by President ...
News Cuba: Cuba shows interest in Belarus' housing construction experience
The Belarusian Construction and Architecture Ministry hosted a meeting between Belarusian Deputy Architecture and Construction Minister Aleksandr Balashenko, Ambassador Extraordinary and Plenipotentiary of Cuba to Belarus Santiago Perez Benitez, Cuban Deputy Construction Minister Ricardo Carbajo Chelala and heads of organizations affiliated with the ministry.
News Cuba: Cuba confirms interest in expanding cooperation with Belarus in healthcare
The event is underway in Havana on 21-24 April. As part of the collective stand, the enterprises of Belpharmprom Holding Company (Belmedpreparaty, Borisov Plant of Medical Preparations, and Minskintercaps) and Akadempharm organized a presentation of the Belarusian pharmaceutical industry.
News Cuba: BANDEC Las Tunas Supports Solar Energy Use
The transition to renewable energy sources in the province is making steady progress with the financial backing of the Commerce and Credit Bank (BANDEC). Some 148 loans have already been granted, amounting to over 10,150,000 pesos.
