US moves to challenge Cuban property laws

An American classic car drives past a political poster reading"Long live Free Cuba" in Havana, Cuba. Picture: AFP

US President Donald Trump’s decision, which will take effect on May 2, is strongly opposed by the EU, whose companies have large business interests on the island. Trump’s national security adviser, John Bolton, was on Wednesday set to discuss the administration’s decision in a speech in Miami and announce new sanctions on Cuba, Venezuela and Nicaragua, countries he has branded a “troika of tyranny”, a senior US official said, speaking on condition of anonymity.It was unclear, however, whether such property claims will be acceptable in US courts. The EU has already warned it could lodge a challenge with the World Trade Organisation.

The move, which could deal a blow to the Cuban government’s efforts to attract foreign investment, marks a further step by Trump to roll back parts of the historic opening to Cuba, an old Cold War foe, under his predecessor, Barack Obama.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gunmen abduct two Cuban doctors in KenyaUnidentified gunmen abducted two Cuban doctors working in Kenya and shot dead a police officer, television broadcaster KTN News and the Daily Nation newspaper reported on Friday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Gunmen abduct two Cuban doctors in KenyaUnidentified gunmen abducted two Cuban doctors working in Kenya and shot dead a police officer, television broadcaster KTN News and the Daily Nation newspaper reported on Friday.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Two Cuban doctors kidnapped by suspected jihadists in Kenya - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Suspected Somali Al-Shabaab jihadis kidnapped two Cuban doctors Friday and killed their police protection officer, police sources said.
Source: SABC News Online - 🏆 32. / 51 Read more »

White privilege: how athletes, musicians & celebs are owning itSome athletes, musicians and celebs are introspecting on their Whiteprivilege.
Source: TimesLIVE - 🏆 28. / 59 Read more »

White privilege: how athletes, musicians & celebs are owning itIn an open letter on The Players Tribune, which has been widely shared, Korver said that white people had a responsibility to speak up and stop toxic conversations that may happen in the homes of white people.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Obama White House counsel set to be charged over Ukraine workGregory Craig is accused of making false statements to the US justice department
Source: BDliveSA - 🏆 12. / 63 Read more »

Now Orlando Pirates are starting to believe‚ says coach SredojevicThe thought that title rivals Mamelodi Sundowns could lose a point for fielding an ineligible player has not even crossed the minds of Orlando Pirates’ players‚ Buccaneers coach Milutin Sredojevic has said.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Oil prices slip on surging US crude stocks surgeUS crude inventories are now at their highest since November 2017 at 12.2-million bpd, but Opec-led cuts keep the market tight
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE retreats on global growth concernsCentral banks in Europe and the US add to worries that global economic growth is cooling
Source: BDliveSA - 🏆 12. / 63 Read more »

ICC turns down Afghan war crimes probe as US hails victory | IOL NewsThe International Criminal Court turned down Friday a request to open a war crimes probe in Afghanistan.
Source: IOL - 🏆 46. / 51 Read more »

Msomi willing to give up shares worth R25m in the US to get bail | The StarThe legendary playwright used to transfer as little as R40 into his account when he was allegedly stealing R8m from the Living ... TheStar_news Sit Papa !! HowDoff
Source: IOL - 🏆 46. / 51 Read more »