Visa, Mastercard Join Exodus From Cuba on Expanded US Sanctions

Visa and Mastercard's decision to pull out of Cuba highlights the escalating impact of expanded US sanctions, signaling a broader corporate retreat from the island. This move follows a series of stringent measures by the US government aimed at pressuring the Cuban government, potentially worsening the economic woes already faced by Cuban businesses and citizens. As more multinational corporations leave, the Cuban economy is likely to face further isolation, complicating any potential path to recovery or reform under Raúl Castro's leadership.