US Adds New Sanctions on Cuban Companies Key to Island's Crumbling Economy

The U.S. hit Cuban state companies on Tuesday with new sanctions that analysts say are expected to spook foreign investors and deepen a severe economic crisis.

US Adds New Sanctions on Cuban Companies Key to Island's Crumbling Economy

TL;DR

  • The U.S. has imposed new sanctions on Cuban state companies.
  • Analysts believe these sanctions will deter foreign investors.
  • The sanctions are expected to worsen Cuba's economic crisis.