Sweet salaries at Office of Cuba Broadcasting

Photo: OCB

Almost 90 percent of employees at the Office of Cuba Broadcasting in Miami earn more than $90,000 per year.

See details at the Cuba Money Project.

Cuba poet's earnings top $1 million

Orlando González Esteva. Photo: BBG

Cuba poet Orlando González Esteva has racked up more than $1 million through his work with Radio & TV Martí, federal contracts show.
For details, see the Cuba Money Project.

Uncle Sam blacklists Cuban hotels, businesses, agencies

Credit: VOA News

Here's what the U.S. State Department announced today:

Below is the U.S. Department of State’s list of entities and subentities under the control of, or acting for or on behalf of, the Cuban military, intelligence, or security services or personnel with which direct financial transactions would disproportionately benefit such services or personnel at the expense of the Cuban people or private enterprise in Cuba. For information regarding the prohibition on direct financial transactions with these entities, please see the Department of the Treasury’s Office of Foreign Assets Control website and the Department of Commerce’s Bureau of Industry and Security website.

*** Entities or subentities owned or controlled by another entity or subentity on this list are not treated as restricted unless also specified by name on the list. ***

MINISTRIES

MINFAR — Ministerio de las Fuerzas Armadas Revolucionarias

MININT — Ministerio del Interior

HOLDING COMPANIES

CIMEX — Corporación CIMEX S.A.

Companía Turística Habaguanex S.A.

GAESA — Grupo de Administración Empresarial S.A.

New Cuba regulations announced

WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and Security (BIS) are announcing amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), respectively, to implement changes to the Cuba sanctions program announced by the President in June. The State Department is taking complementary steps to implement these policy changes that cumulatively seek to channel economic activities away from the Cuban military, intelligence, and security services, while maintaining opportunities for Americans to engage in authorized travel to Cuba and support the private, small business sector in Cuba. The changes will take effect on Thursday, November 9, 2017, when the regulations are published in the Federal Register (download 35-page Q&A on new regulations).
“We have strengthened our Cuba policies to channel economic activity away from the Cuban military and to encourage the government to move toward greater political and economic freedom for the Cuban people,” said Treasury Secretary Steven Mnuchin.