This policy of blockade has increasingly dramatic consequences for the population in Cuba: money transfers from family members are made impossible, external support for health projects is prevented, important medicines can only be imported in a roundabout way and are overpriced, the transport system has to be massively restricted. The evil intent behind US policy, announced as early as 1960 (!), is becoming more and more visible: “…to weaken economic life through economic dissatisfaction and hardship by refusing money and deliveries to Cuba with the aim of reducing nominal and real wages, to bring about hunger, despair and the overthrow of the government”. Various European financial institutions are keeping their hands off business with Cuba. For years, the big banks UBS and Crédit Suisse in Switzerland have adhered more to US orders than to national legislation and fully supported the blockade. Recently, the extortionate pressure from the US empire has even reached financial institutions that are thought to be under state supervision: Cantonal banks refuse internal Swiss payment orders as soon as “Cuba” appears in the system Reason: “The processing of payments related to Cuba is largely no longer possible due to the US sanctions regime. The group has therefore decided to no longer make payments related to Cuba.”.Sending money to Cuba is no longer possible with Western Union.There are further escalations in the important financial sector: Penalties are imposed on shipping companies that transport oil from Venezuela to Cuba in addition, there are other measures intended to prevent trade between Cuba and Venezuela.
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