Ever increasing US sanctions are crushing Cuba, prompting a mass exodus of foreign companies from the island nation. Spanish hotel chains, a Canadian mining firm, and European shipping giants are among scores of global companies driven out this summer. These firms fear being hit with potent new secondary sanctions as the US maintains an unprecedented pressure campaign against Cuba. Secretary of State Marco Rubio affirmed there are no escape valves from this pressure.
However, not everyone is losing out. A growing group of Washington and Florida insiders are actively positioning themselves for future lucrative business opportunities. This cast includes billionaire Trump cronies, Rubio linked lobbyists, and Cuban exiles. They are jockeying for control of Cuba’s key assets in the case of a regime collapse. These insiders are also charging top dollar to help clients navigate the expanding web of sanctions.