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Sherritt International Reverses Decision to Dissolve Cuban Joint Venture Amid U.S. Sanctions

Sherritt International Reverses Decision to Dissolve Cuban Joint Venture Amid U.S. Sanctions

Sherritt International Reverses Decision to Dissolve Cuban Joint Venture Amid U.S. Sanctions
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Sherritt halts plan to dissolve Cuba nickel mining venture amid US sanctions

Sherritt halts plan to dissolve Cuba nickel mining venture amid US sanctions

May 19 (Reuters) - Canadian miner Sherritt International said on Tuesday it would not proceed with plans to dissolve its Cuban interests, including a joint venture with a state-owned nickel company, reversing a decision announced earlier this month after the U.S. imposed sanctions on the joint
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US targets Cuban political, military leaders with new sanctions

US targets Cuban political, military leaders with new sanctions

WASHINGTON, May 18 (Reuters) - The U.S. government imposed sanctions on nine Cuban officials, including the country's communications minister and several military leaders, as well as its directorate of intelligence, the U.S. Treasury Department announced on Monday.
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The Latest: US government will permanently drop tax claims against Trump as part of IRS lawsuit deal

The Latest: US government will permanently drop tax claims against Trump as part of IRS lawsuit deal

The U.S. government agreed to permanently drop tax claims against President Donald Trump as part of a settlement deal to resolve Trump’s $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns
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Cuba accuses US of fabrication after Axios report alleging drone threat

Cuba accuses US of fabrication after Axios report alleging drone threat

By Dave Sherwood HAVANA, May 17 (Reuters) - Cuban Foreign Minister Bruno Rodriguez accused the U.S. on Sunday of fabricating a "fraudulent case" to justify economic sanctions and potential military intervention.
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Hapag-Lloyd and CMA CGM Suspend Cuba Bookings Following U.S. Executive Order

Hapag-Lloyd and CMA CGM Suspend Cuba Bookings Following U.S. Executive Order

Shipping companies CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba, citing a U.S. executive order issued on May 1. This decision could affect up to 60% of Cuba's shipping traffic, exacerbating the island's economic challenges amid a U.S. oil blockade. The executive order expands U.S. sanctions to include foreign entities operating in various sectors of the Cuban economy. The suspension impacts shipping from China and other regions, with potential long-term effects on Cuba's import-dependent economy. The move follows similar actions by other companies, such as Canadian miner Sherritt International, which ceased operations in Cuba.
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U.S. Considers Military Action Against Cuba Amid Sanctions Pressure

U.S. Considers Military Action Against Cuba Amid Sanctions Pressure

The administration of U.S. President Donald Trump is contemplating military intervention in Cuba due to the ineffectiveness of current sanctions. The strategy initially relied on a combination of tightened sanctions and U.S. military successes in Venezuela and Iran to pressure Cuba into negotiations. However, the situation with Iran did not unfold as planned, and Cuba has shown resilience against the sanctions. The possibility of military action is now being considered more seriously as a means to influence Cuba's political stance.
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Timeline of recent US-Cuba relations amid heightened tensions in Trump's second term

Timeline of recent US-Cuba relations amid heightened tensions in Trump's second term

The possibility that the Justice Department could indict former Cuban leader Raúl Castro is pushing U.S. relations with the communist-run island to the foreground
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Cuba warns US military action would cause 'bloodbath' after drone report

Cuba warns US military action would cause 'bloodbath' after drone report

HAVANA, May 18 (Reuters) - Cuban President Miguel Diaz-Canel said on Monday that any U.S. military action against Cuba would lead to a "bloodbath" with incalculable consequences for regional peace and stability. "Cuba does not represent a threat," Diaz-Canel said in a post on X.
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US imposes fresh sanctions on Iranian exchange house, shadow fleet vessels

US imposes fresh sanctions on Iranian exchange house, shadow fleet vessels

WASHINGTON, May 19 (Reuters) - The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the U.S. maintains pressure on Tehran.   
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Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

By Gus Trompiz, Christoph Steitz and Dave Sherwood PARIS/FRANKFURT/HAVANA, May 17 (Reuters) - Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a U.S. executive order issued on May 1.
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Putin to Visit Xi Jinping in Beijing Following President Trump's Departure

Putin to Visit Xi Jinping in Beijing Following President Trump's Departure

Russian President Vladimir Putin is set to visit Chinese President Xi Jinping in Beijing from May 19-20, 2026. This visit follows closely on the heels of U.S. President Donald Trump's state visit to China. The timing of Putin's visit coincides with the 25th anniversary of the Treaty of Good-Neighbourliness and Friendly Cooperation between Russia and China. During the visit, the two leaders are expected to discuss bilateral relations, enhance their comprehensive partnership, and address key international and regional issues. The relationship between China and Russia has strengthened significantly, particularly since Russia's full-scale invasion of Ukraine in 2022, which has led to Moscow's increased reliance on Beijing for trade due to Western sanctions.