US imposes sanctions on Cuban military conglomerate, mining joint venture

The United States on Thursday imposed financial sanctions on a sprawling business conglomerate run by Cuba's military and a Cuban-Canadian mining

joint venture, as the Trump administration ramps up pressure on the island's communist leaders by targeting sources of foreign investment.



After the military raid to seize the leader of longtime Cuban ally Venezuela in January, U.S. President Donald Trump has said that "Cuba is next," and blocked most oil shipments to the country, worsening power outages on the island.



Trump last week signed an executive order broadening U.S. sanctions against Cuba, a move President Miguel Diaz-Canel decried as "coercive."