Credit card payments halted, leaders sanctioned, businesses depart Cuba

Cuba is facing a new wave of challenges after announcing that it will no longer be able to process Visa and Mastercard payments from 6 June. The move comes as foreign companies continue to scale back their operations on the island and the United States expands sanctions against Cuban leaders, state-owned businesses and individuals linked to the government. For a more complete summary of the story, please see the below link:

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Published on: Jun 06, 2026 04:36 PM