US slaps new sanctions on Cuban companies key to island’s crumbling economy
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SAN JUAN, Puerto Rico (AP) — The U.S. government on Tuesday hit Cuban state companies with new sanctions that analysts say are expected to spook foreign investors and deepen a severe economic crisis . U.S. Secretary of State Marco Rubio said the sanctions target five Cuban entities, including three linked to Grupo de Administración Empresarial S.A., a business conglomerate operated by Cuba’s Revolutionary Armed Forces. Best known as GAESA , it is believed to command nearly 40% of Cuba’s gross
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