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.

  • comrade_twisty@feddit.org
    link
    fedilink
    English
    arrow-up
    25
    ·
    2 days ago

    It’s all gonna be Trumps family fortune and they will probably be deported by Steve Miller and charged an exit fee or some BS.

      • 🌞 Alexander Daychilde 🌞@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        2 days ago

        I don’t even think it’s funny, personally. I think it’s sad. In part because of all the people that suffer, and the suffering of those who were surprised by it really doesn’t make that up, in my mind.

        I get it. I just have a different take.