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Obama measures on Cuba trade, travel poke new holes in embargo


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By Anna Yukhananov, Matt Spetalnick and Krista Hughes WASHINGTON (Reuters) - The United States announced sweeping new rules on Thursday that will significantly ease sanctions on Cuba, opening up the communist-ruled island to expanded U.S. travel, trade and financial activities. Defying hardline critics in Congress, President Barack Obama made good on his commitment last month to loosen restrictions on dealings with Cuba as part of an historic effort to end decades of hostility. The U.S. embargo on Cuba, in place for 54 years, will remain. Only Congress can lift it.

 

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