State Department

US Travel to Cuba Is Up More Than 50 Percent

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American travel to Cuba is surging. Authorized travel by Americans to Cuba has increased by more than 50 percent this year, according to Ambassador Jeffrey DeLaurentis, the United States Charge d’Affaires to Cuba. The increase has come in light of eased travel restrictions since the US-Cuba rapprochement at the end of 2014. It’s likely that … Read more

Cuban Government Opens US Bank Account Amid Diplomatic Talks In Washington

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Cuban Government Opens US Bank Account Amid Diplomatic Talks In Washington

Yesterday the State Department confirmed that the Cuba government is seeking to establishing a banking relationship with a US bank.  Today, we have learned that bank is South Florida-based Stonegate Bank. “We hope this is the initial step to normalize banking ties between the two countries, which will benefit American companies wanting to do business … Read more