The U.S. added Cuba’s Ministry of Tourism to its sanctions list, the Treasury’s Office of Foreign Assets Control (OFAC) said in guidance updated Monday; the ministry was one of 10 entities newly designated. The U.S. has cut large-scale fuel shipments to Cuba, forcing resort closures, airline cancellations and international operators to abandon contracts, and international visitor numbers have fallen to record lows. Cuba’s power grid is under growing strain, with two nationwide blackouts last wee

2026-07-13

The U.S. added Cuba’s Ministry of Tourism to its sanctions list, the Treasury’s Office of Foreign Assets Control (OFAC) said in guidance updated Monday; the ministry was one of 10 entities newly designated. The U.S. has cut large-scale fuel shipments to Cuba, forcing resort closures, airline cancellations and international operators to abandon contracts, and international visitor numbers have fallen to record lows. Cuba’s power grid is under growing strain, with two nationwide blackouts last week. Under pressure from the Trump administration, the Cuban government announced nearly 200 economic reforms last month, including allowing new tourism projects to be 100% foreign-owned and permitting operators to import supplies directly rather than through the state distribution system; the U.S. described the measures as "belated and ultimately just cosmetic smoke-and-mirrors."

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2026-07-13

Iran's foreign ministry spokesman said Tehran will not allow the Strait of Hormuz to become a threat to Iran's national security and said Iran remains committed to ensuring safe navigation through the waterway.

2026-07-14

Guojin Securities research note: after developers ended quarter‑end volume pushes, primary‑market new‑home sold area fell markedly MoM while YoY decline remained limited. Secondary‑market transactions continue to improve — 22‑city second‑hand transaction volume rose 10.0% YoY. Leading real‑time data show July second‑hand sales widened their YoY gain versus June. Listings have edged down since early July, with the decline versus end‑June increasing, suggesting listing‑growth pressure is weaker th