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Now that summer is here, hopefully most of us are planning our vacations. Although most summers, I return to my native Puerto Rico to visit family and spend some time at the beach, I’m always reading the newspaper (digitally these days) to look for new places to travel. If you’ve been reading the news over the past several months, there have been quite a few articles about a new Caribbean destination for travelers: Cuba. (more…)
Earlier this month, Major League Baseball eliminated a burdensome requirement that made it difficult for MLB franchises to sign Cuban nationals. Until last month, a Cuban national wanting to sign with a MLB franchise as a free agent was required to obtain a specific license from the United States Treasury’s Office of Foreign Assets Control (OFAC). (more…)
Last December, President Barack Obama announced a series of changes to the United States’ policy toward Cuba. The most significant changes, from a foreign policy perspective, included restoring diplomatic relations with Cuba and opening a U.S. embassy in Havana. But the announced changes also included easing the restrictions on the ability of Americans to travel to and do business with Cuba. Recently, the current administration promulgated amended regulations implementing the policy changes President Obama announced in December. (more…)