Drop Site Daily (extract) | Sept 4, 2026
Featured Picture: Students queue next to portraits of Cuban revolutionary leaders Argentine Ernesto “Che” Guevara and Fidel Castro before getting into their classrooms in Havana on September 1, 2026. Photo by Yamil Lage / AFP via Getty Images.
- S. sanctions Raúl Castro’s grandson, five Cuban companies amid economic pressure campaign: The U.S. State Department imposed new sanctions on five Cuban companies and Fidel Ernesto Castro, the 31-year-old grandson of 95-year-old revolutionary leader Raúl Castro.
- Washington sanctioned the state-owned Banco Exterior de Cuba, two nickel mining companies, and two energy-sector firms including an oil importer, with Secretary of State Marco Rubio accusing Cuban leaders of enriching themselves while seeking “to export subversive Marxist ideology to the United States.”
- Cuban Foreign Minister Bruno Rodriguez countered that “Cuba does not threaten U.S. national security or the U.S. economy.” “The accusation that Cuba allegedly sponsors terrorism actually reveals the U.S. government’s lack of seriousness,” he added.
- A U.S. oil blockade imposed earlier this year has worsened Cuba’s power grid failures and prompted UN warnings of a humanitarian crisis on the island.
- Cuba unveils new market reforms to attract foreign investment amid U.S.-driven crisis: Cuba published 34 pages of new regulations Thursday aimed at attracting foreign investment, trade, and tourism, part of ongoing free-market reforms adopted under pressure from Washington and a deepening economic crisis driven by punishing U.S. sanctions.
- The regulations follow a package of 176 reforms announced in June, widely considered the largest overhaul of Cuba’s socialist economic model since the 1959 revolution.
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