Cubans lose access to vital dollar remittances after latest US sanctions

[Eugene]

Source: The Guardian

Cubans lose access to vital dollar remittances after latest US sanctions

Cuba closes Western Union offices after US blacklists a military-controlled firm that processes payments from Cubans abroad

Ed Augustin in Havana
Sun 1 Nov 2020 11.00 GMT

Dayane Medina, a 30-year old mother, had been due to pick up the equivalent of $65 that her grandmother in Jacksonville, Florida, sent her this week.

“I don’t like asking her for money – she is too generous,” she blushed, confessing that her grandmother sometimes sells food stamps to raise money. “But I’m not working at the moment and my husband is a doctor – we can’t get by on his [$62 a month] salary.”

But Dayane, her husband and their two young children may be forced to find a way.

This week, Cuba announced the closure of more than 400 Western Union offices on the island, a move that will eliminate most remittances and aggravate the country’s profound economic crisis.

The decision was a reaction to new US sanctions: in June the Trump administration blacklisted Fincimex, a military-controlled firm that processes remittances for Western Union. Last week, the treasury department banned US companies from dealing with Fincimex altogether.

-snip-

Read more: https://www.theguardian.com/world/2020/nov/01/cuba-remittances-us-sanctions-western-union

[rso]

1. Cuba

And regardless, Florida cubans who frequently remit funds to help their relatives in Cuba, Will still vote for Donnie.

[COLGATE4]

4. Yep. If you look up cognitive dissonance in the

dictionary there's a picture of Miami Cubans next to it.

[getagrip_already]

2. well that should help him with the cuban community in FL tomorrow.......

Gotta shake my head at the timing though.

[somagic]

3. He campaigns and makes decisions like he wants to lose...

and I believe he does want to lose, knows he's out of his league, is disinterested, not enough p*ssy running through the WH and just bored with it all. YET.. he also knows if he loses he's gonna have to run, or face the courts. Scores 10 outta 10 on the conflicted fat ass narcissist scale.
.