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Cuba says US sanctions are blocking its efforts to open the economy to private investment

  • Cuba has announced sweeping economic reforms to invite private businesses and foreign investment—targeting real estate, energy, marinas, tourism and faster private hiring.
  • The U.S. is simultaneously tightening sanctions (new penalties every few weeks), which officials say have worsened blackouts, shortages and driven away investors and tourists.
  • Cuba’s U.N. ambassador asks why Washington is undermining the very opening it claims to want; limited bilateral talks are reportedly underway despite the tensions.
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