The Fort Worth Press - US eases Cuba oil embargo but demands 'dramatic' change

USD -
AED 3.672504
AFN 64.503991
ALL 81.624824
AMD 375.516815
AOA 917.000367
ARS 1379.923618
AUD 1.41603
AWG 1.8
AZN 1.70397
BAM 1.667278
BBD 2.011082
BDT 122.671668
BHD 0.377307
BIF 2967.989429
BMD 1
BND 1.272324
BOB 6.899962
BRL 5.009204
BSD 0.998508
BTN 92.62947
BWP 13.405226
BYN 2.865862
BYR 19600
BZD 2.008184
CAD 1.38415
CDF 2300.000362
CHF 0.789487
CLF 0.022686
CLP 892.843442
CNY 6.828041
CNH 6.824955
COP 3636.503133
CRC 462.128639
CUC 1
CUP 26.5
CVE 93.998551
CZK 20.788404
DJF 177.809983
DKK 6.372904
DOP 60.125314
DZD 132.246707
EGP 53.108563
ERN 15
ETB 156.679852
EUR 0.852704
FJD 2.211504
FKP 0.742933
GBP 0.743467
GEL 2.690391
GGP 0.742933
GHS 10.988449
GIP 0.742933
GMD 73.503851
GNF 8760.922382
GTQ 7.638208
GYD 208.899876
HKD 7.832304
HNL 26.518904
HRK 6.425904
HTG 130.923661
HUF 320.203831
IDR 17089.3
ILS 3.03421
IMP 0.742933
INR 93.090504
IQD 1308.043135
IRR 1316125.000352
ISK 122.190386
JEP 0.742933
JMD 157.870509
JOD 0.70904
JPY 159.16504
KES 129.210179
KGS 87.450384
KHR 3997.272069
KMF 420.00035
KPW 899.998178
KRW 1484.570383
KWD 0.30869
KYD 0.832104
KZT 471.85542
LAK 22019.52176
LBP 89419.71783
LKR 315.118708
LRD 183.726184
LSL 16.382337
LTL 2.95274
LVL 0.60489
LYD 6.347556
MAD 9.280849
MDL 17.20387
MGA 4143.898385
MKD 52.54678
MMK 2100.763326
MNT 3574.006152
MOP 8.05507
MRU 39.91049
MUR 46.520378
MVR 15.460378
MWK 1731.383999
MXN 17.622039
MYR 3.965039
MZN 63.960377
NAD 16.382337
NGN 1359.503725
NIO 36.741827
NOK 9.524904
NPR 148.206811
NZD 1.708964
OMR 0.38463
PAB 0.998508
PEN 3.369933
PGK 4.322066
PHP 59.876504
PKR 278.505946
PLN 3.653126
PYG 6457.525255
QAR 3.640254
RON 4.342304
RSD 100.055411
RUB 77.104556
RWF 1458.164614
SAR 3.748263
SBD 8.058149
SCR 15.185201
SDG 601.000339
SEK 9.27195
SGD 1.274604
SLE 24.625038
SOS 570.649162
SRD 37.449038
STD 20697.981008
STN 20.885725
SVC 8.737053
SYP 110.530532
SZL 16.386343
THB 32.208038
TJS 9.490729
TMT 3.505
TND 2.917693
TRY 44.665038
TTD 6.776352
TWD 31.741804
TZS 2591.108648
UAH 43.382209
UGX 3694.642172
UYU 40.288138
UZS 12141.852436
VES 475.837804
VND 26336
VUV 117.921501
WST 2.734489
XAF 559.189293
XAG 0.01312
XAU 0.00021
XCD 2.70255
XCG 1.799582
XDR 0.695452
XOF 559.189293
XPF 101.666596
YER 237.150363
ZAR 16.387504
ZMK 9001.203584
ZMW 18.996633
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • BCC

    -0.4100

    80.17

    -0.51%

  • GSK

    -0.1500

    58.21

    -0.26%

  • NGG

    -0.0300

    90.29

    -0.03%

  • CMSD

    0.0400

    22.63

    +0.18%

  • RELX

    -0.0400

    33.3

    -0.12%

  • BCE

    -0.5400

    23.35

    -2.31%

  • AZN

    -0.9600

    204.03

    -0.47%

  • RIO

    1.1300

    98.26

    +1.15%

  • BTI

    -0.0400

    58.81

    -0.07%

  • JRI

    0.0400

    13.02

    +0.31%

  • VOD

    -0.1600

    15.69

    -1.02%

  • RYCEF

    -0.2700

    16.96

    -1.59%

  • CMSC

    0.0400

    22.43

    +0.18%

  • BP

    0.5400

    46.44

    +1.16%

US eases Cuba oil embargo but demands 'dramatic' change
US eases Cuba oil embargo but demands 'dramatic' change / Photo: © POOL/AFP

US eases Cuba oil embargo but demands 'dramatic' change

The United States on Wednesday eased an oil embargo on Cuba but Secretary of State Marco Rubio said the communist-run island must change "dramatically," saying it had only itself to blame for an economic crisis.

Text size:

Rubio, a Cuban-American and lifelong critic of Havana's government, heard concerns that the island's economic tumult could destabilize the whole region as he attended a Caribbean Community summit.

Attending the talks on the tiny island nation of Saint Kitts and Nevis, Rubio staunchly defended the January 3 US attack that deposed Venezuela's leftist leader Nicolas Maduro.

The United States swiftly then blocked Venezuela from exporting oil to Cuba, which had relied on its ally for nearly half its needs, triggering fuel shortages and rolling blackouts on the island.

The Treasury Department announced Wednesday that the United States would allow Venezuelan oil exports to Cuba's private sector for both commercial and humanitarian use.

Rubio warned that the sanctions would be snapped back if the oil winds up going to the government or military, which dominate the communist nation's economy.

"But Cuba needs to change. It needs to change dramatically because it is the only chance that it has to improve the quality of life for its people," Rubio told reporters.

It is "a system that's in collapse, and they need to make dramatic reforms," he said.

"If they want to make those dramatic reforms that open the space for both economic and eventually political freedom for the people of Cuba, obviously the United States would love to see that would be helpful," he said.

Rubio described the crisis in Cuba as potentially worse than at any point since Fidel Castro's 1959 revolution, but said that the authorities only had themselves to blame.

"They're the ones that have made decisions," he said.

- Warnings of instability -

Rubio spoke as Cuba announced that it had killed four people on a speedboat registered in Florida.

Rubio said that the United States was still studying the "unusual" incident and would respond but said he had little verified information.

Caribbean leaders warned that any further deterioration in Cuba would impact the region and trigger migration -- President Donald Trump's top political concern.

"Humanitarian suffering serves no one," Jamaican Prime Minister Andrew Holness said. "A prolonged crisis in Cuba will not remain confined to Cuba."

Canada, which has long broken with its southern neighbor by maintaining warm relations with Havana, announced Can$8 million ($5.8 million) in aid for Cuba, which has experienced rolling blackouts and acute fuel shortages.

The Caribbean summit's host, Saint Kitts and Nevis Prime Minister Terrance Drew, studied in Cuba to be a doctor and said friends have told him of food scarcity and garbage strewn in the streets.

"A destabilized Cuba will destabilize all of us," Drew said.

- 'Without apology' on Venezuela -

Addressing the summit, Rubio staunchly defended the deadly operation that seized Maduro, saying that Venezuela has made "substantial" progress since then.

"I will tell you this without any apology or without any apprehension: Venezuela is better off today than it was eight weeks ago," Rubio said.

Rubio said he believed Venezuela had moved to a new phase and that there was a need for "fair, democratic elections," although he did not lay out a timetable.

The United States once championed Venezuela's democratic opposition but since removing Maduro it has worked with interim president Delcy Rodriguez, who was Maduro's deputy.

Trump has voiced satisfaction with Rodriguez, including her welcome to US oil companies, and has threatened her with violence if she does not do his bidding.

Rubio separately met at the summit with beleaguered Haiti's prime minister, Alix Didier Fils-Aime.

A transitional council set up nearly two years ago handed power to Fils-Aime this month with US support, after it failed to tackle rampant gang violence or hold elections.

Rubio is the highest-ranking sitting US official ever to visit Saint Kitts and Nevis, a tiny former British colony reliant on beach tourism that was the birthplace of a US founding father, Alexander Hamilton.

J.Ayala--TFWP