Washington and Florida insiders are exploring lucrative deals for a post-communist Cuba crushed by ever-increasing US sanctions

Spanish hotel chains. A Canadian mining firm. European shipping giants. Visa and Mastercard. Scores of foreign companies have been driven out of Cuba this summer over fear of being hit with potent, new secondary sanctions. Marco Rubio, the secretary of state, told Axios last month there are “no escape valves” from his unprecedented pressure campaign against the island.

But not everybody is losing out. A growing cast of Washington and Florida insiders – from billionaire Trump cronies and Rubio-linked lobbyists to Cuban exiles – are jockeying for control of the communist-ruled island-nation’s key assets, charging top dollar to help clients navigate the ever-expanding web of sanctions, and positioning themselves for lucrative business opportunities in the case of regime collapse.

Since an executive order signed by Donald Trump on 1 May drove Canada’s Sherritt International from its nickel and cobalt mining joint venture with the Cuban state, two rival US bids to buy out its stake have been presented to US authorities.

  • TheJesusaurus@piefed.ca
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    1 month ago

    We backed down on this shit? Fuck that why are we doing anything in fear of America at this point. They’re going to do whatever they want anyway. Fuck trump, fuck the USA. Solidarity with cuba

    • 6_electrons@piefed.social
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      1 month ago

      While I support the former sentiment Cuba was a horrible horrible place. You should be far more specific with “solidarity with Cuba” because I initially read that and it seemed to me you support political executions, nationalizing property, and stamping down free speech.

      The enemy of your enemy doesn’t have to be your friend they can be bad as well.