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Posts Tagged ‘Cuba embargo

Obama Calls for End of Cuba Embargo

7:46 am By Jennifer Woodard Maderazo · Cuba| Politics · Comments Off

21 Aug 2007

obama_11.jpgDemocratic presidential candidate Barack Obama has already taken heat for saying that he would meet with Cuban (among other) leaders. iNow Obama is taking a stand on the longstanding Cuban embargo.

Obama’s campaign said Monday that, if elected, the Illinois senator would lift restrictions imposed by the Bush administration and allow Cuban-Americans to visit their relatives more frequently, as well as ease limits on the amount of money they can send to their families.”Senator Obama feels that the Bush administration has made a humanitarian and a strategic blunder,” spokeswoman Jen Psaki said in an e-mail. “His concern is that this has had a profoundly negative impact on the Cuban people, making them more dependent on the Castro regime, thus isolating them from the transformative message carried by Cuban-Americans.”

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Wanna Coke in Cuba? No Problem !

10:36 am By Jennifer Woodard Maderazo · Cuba| Money| Politics · 2 Comments

17 May 2007

coke.JPGBelieve it or not, despite the U.S. Embargo against Cuba, you can drink a Coke while smoking a Marlboro, wearing your Jordache jeans and Nikes and I’m not talking a warm can you bought in a back alley on the black market. According to a recent report on MSNBC, U.S. companies are making money in Cuba and both governments are turning a blind eye.

Trade sanctions bar American tourists from visiting Cuba and allow exports only of U.S. food and farm products, medical supplies and some telecommunications equipment. But wholesalers and distributors in Europe, Asia, Latin America and Canada routinely sell some of America’s most recognizable brands to Cuban importers.

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Cuba Embargo Still on “Go”

12:48 pm By Jennifer Woodard Maderazo · Cuba| Money| Politics · Comments Off

22 Feb 2007

cuba-dr.jpgThere were some rumors within the Spanish language media that the U.S.’s 45 year old trade embargo on Cuba could be lifted or at the very least, loosened. Especially interested in this possibility are U.S. businesses who see the Caribbean island as an untapped source of dollars. This combined with the health issues of Fidel Castro has bolstered calls for the embargo to be reevaluated. U.S. Commerce Secretary Carlos Gutierrez couldn’t disagree more. Speaking February 21 to the Council of the Americas, a Washington business organization, Gutierrez said:

I submit to you that foreign businesses will not flourish on the island as long as there is an active communist regime in control.

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