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FOUND: Gaesa - What They Never Told You

Spanish hotel chain Meliá to shutter hotels in Cuba in latest blow to island's tourism sector

Spanish hotel chain Meliá has joined a growing list of companies with a long-standing presence in Cuba that are withdrawing or limiting their operations on the island after the U.S. announced new sanctions while upholding an oil embargo

AAP

Hotel chain latest to shutter business in Cuba in latest blow to island’s tourism

News follows new US sanctions and an ongoing oil embargo

The Independent UK

Meliá and Iberostar quit Cuba: Trump's ultimatum leaves Spanish hotel groups under pressure

Meliá has announced that it is halting operations at 15 Cuban hotels. Iberostar did so on 1 June at 12 hotels, bowing to US sanctions on Gaesa, the military group controlling tourism.

Euronews

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Drama mixes with geopolitics in Cuba

Admittedly, it looks a lot like a movie plot. A political thriller where the intelligence director of the chief adversary state comes into the nervous capital city and meets with regime leaders to tell them their days in power are numbered. Unless…

Bangkok Post

ICE Arrests Sister Of Cuba Military Conglomerate Chief In Miami As U.S. Ramps Up Pressure On Havana

U.S. Immigration & Customs Enforcement (ICE) has detained the sister of the woman who heads Grupo de Administración Empresarial S.A. (GAESA), Cuba's powerful military-run conglomerate, in Miami, as Washington continues to ramp up pressure against Havana.

International Business Times

Trump threatens new Cuba crackdown as Rubio warns Havana: ‘We’re very serious’

Speaking from the Oval Office, Trump hinted he could be the president who finally takes direct action against Havana after decades of failed threats from Washington

The Independent UK

US arrests sister of Cuban military conglomerate chief

The Trump administration has arrested the sister of a top Cuban official who heads a military conglomerate.

AAP

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Marco Rubio Delivers Message in Spanish Blaming Cuba's 'Unimaginable Hardships' on Communist Leadership

Rubio, the son of Cuban immigrants who grew up in Miami and has long been one of the most prominent Cuban-American voices in U.S. politics

Latin Times

Marco Rubio Just Hit One of Cuba's Most Powerful Military Companies With New U.S. Sanctions

Secretary of State Marco Rubio announced new U.S. sanctions Thursday against one of Cuba's most powerful military-linked business groups, escalating the Trump administration's pressure campaign against Havana.

Latin Times

Rubio announces new Cuba sanctions

The new sanctions show the Trump administration is pushing forward for regime change in Cuba.

Axios

Cubans study oil tanker diplomacy for signs of progress in secret talks with US

Despite hostile rhetoric Trump let a Russian ship break his blockade – could it herald a Venezuela-style outcome?

The Guardian - US

Cuba Is Buying Fuel in Africa as Venezuelan Oil Supplies Dry Up, Sattelite Images Show

Cuba has turned to Africa for fuel supplies after the loss of regular oil shipments from Venezuela and dwindling deliveries from Russia and Mexico, according to satellite-tracking data cited by Colombian outlet Semana.

International Business Times

Cuban Peso Drops To All-Time Low As Economic Crisis Shows No Sings Of Abating

The Cuban peso reached a new all-time low on Monday as a partial dollarization of the economy continues

Latin Times

Miami Republican Slams Cuban Govt. Over Documents Exposing Billions In Hidden Reserves: 'Not Only Murderous And Cruel'

Republican Rep. Carlos Gimenez slammed the Cuban government following a report revealing a military-controlled conglomerate has stashed away as much as $18 billion in offshore and dollar-denominated assets

Latin Times

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Latin Times

Leaked Documents Expose Cuban Military's $18 Billion in Hidden Reserves: Report

Cuba's military-controlled conglomerate, GAESA, has stashed away as much as $18 billion in offshore and dollar-denominated assets, according to a new report

We Got This Covered

Donald Trump suddenly develops interest in financial enforcement now that it can’t interfere with his business dealings

Direct and indirect transactions.

Latin Times

Marco Rubio Promises Ultimatum For Cuban Regime: 'Open Up Or Be The Owners Of a 4th World Country'

"Cuba is literally collapsing, both generationally in terms of all the young people leaving but it's also collapsing economically" said Rubio

Latin Times

Cuba Has Managed To Evade U.S. Sanctions and Siphon Millions of Dollars In Remittances to its Military

Orbit S.A., a company that was allegedly independent from Cuban military, has been revealed to be closely monitored by the government in a new investigation.

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Miami Herald

Cuba wants Russia’s advice on market reforms as Putin seeks more trade with the island

After much hesitation about how to deal with small and medium-size private enterprises it authorized in 2021, the Cuban government is turning to Russia for help with market reforms on the island through a partnership with a Russian think tank headed by sanctioned oligarch Oleg Deripaska, as the two countries…

Reuters

Cuban general Lopez-Calleja dead of heart attack, state media says

General Luis Alberto Rodriguez Lopez-Calleja, one of Cuba's most powerful men, died on Friday of a heart attack, state media reported, leaving a critical hole in the political and economic leadership of the communist-run island.

Miami Herald

Cuba’s Communist Party promotes old guard general amid uncertainty after protests

Cuba’s Communist Party bent its own rules this week to promote an old-guard general to the organization’s top decision-making bodies, the latest in a number of recent changes reflecting the challenges of an aging military leadership’s grip on power.

People

Raúl Guillermo Rodriguez Castro

Raul Guillermo Rodriguez Castro

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