Western Union Halts Cuba Transfers Amid Sanctions

U.S. financial giant Western Union has paused its money transfer services between the U.S. and Cuba this month following the reinstatement of sanctions against the island nation. This move, initiated under the Trump administration, threatens to disrupt a lifeline for thousands of families relying on remittances from relatives abroad.

CGTN's Luis Chirino reports from Havana that the suspension could deepen economic challenges for Cuban households already navigating shortages and inflation. Remittances account for a significant portion of Cuba's economy, with many residents depending on funds sent by family members in the U.S. to cover basic needs.

Analysts warn the policy shift may strain cross-border family ties and complicate efforts to stabilize Cuba's economy. While the long-term impact remains unclear, the decision underscores how geopolitical tensions can ripple through everyday lives.

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Western Union suspends transfers in Cuba

cgtn.com