Cuba offers payback plan for frozen bank accounts (Reuters) After freezing hundreds of millions of foreign businesses’ dollars in Cuban banks over the last 1-2 years, Havana is now offering a 2 percent interest rate and a five-year plan to pay these funds out to the companies that are owed. One loophole-sounding proviso: the payments […]
The death last week of Orlando Zapata Tamayo, the hunger-striking Cuban prisoner, has proven to be a international issue of grand proportions, and Havana is stubbornly pushing back against the waves of pressure from friends and foes abroad. On Wednesday, authorities arrested or detained at least 30 recognized dissidents in order to prevent them from […]
Republican Representative Lincoln Diaz-Balart (Florida) is one of the staunchest congressional supporters of the U.S. trade embargo against Cuba. In a noon conference today, Diaz-Balart announced that he would not run again in his Florida election district: he will retire from politics and return to practicing law. In that context, he said, he would work […]