The US blockade, and the “1 cent 4 Cuba” campaign to challenge it

DOIhttps://doi.org/10.13169/intejcubastud.14.2.0207
Pages207-213
Published date20 January 2023
Date20 January 2023
AuthorHelen Yaffe
IJCS Produced and distributed by Pluto Journals www.plutojournals.com/ijcs/
EDITORIAL
THE US BLOCKADE, AND THE “1 CENT 4
CUBA” CAMPAIGN TO CHALLENGE IT
Helen Yaffe1
University of Glasgow
Following the devastating oil tanker fire in Matanzas in August 2022, many
groups and individuals around the world were frustrated to find financial insti-
tutions blocking humanitarian donations for Cuba, even when recipient accounts
were not on the island. These obstacles had previously arisen during the COVID-
19 pandemic. While the United States is the only country in the world to sanction
Cuba, most international banks and payment systems include Cuba on their list
of sanctioned countries, even though this violates national laws where they are
based. The scale of the problem has increased since January 2021 when, just
days before leaving office, US President Trump vindictively returned Cuba to the
US list of state sponsors of terrorism. Fearing hefty fines imposed by the US
Treasury’s Office of Foreign Asset Controls (OFAC) for transacting with Cuba,
banks, companies and investors categorise Cuba as “high risk” and avoid inter-
action. At this point, the word CUBA is being blocked, not just the country. For
example, transactions from the UK to Europe are investigated and blocked if the
word “Cuba” is used in the reference or the account name, even though no
money is sent to the island.
This practice is now being challenged through a new initiative, the “1 cent 4
Cuba” or “1c4Cuba” campaign, set up by three solidarity groups in Britain, Ireland
and Belgium, which aims to “make the US blockade of Cuba unenforceable”
1 Dr Helen Yaffe is a Senior Lecturer in Economic and Social History at the University
of Glasgow. Since 1995 she has spent time living and researching in Cuba. Her books
include We are Cuba! How a Revolutionary People have Survived in a Post-Soviet
World (Yale University Press, 2020) and Che Guevara: the Economics of Revolution
(Palgrave Macmillan, 2009). She has written many articles and co-produced two
documentaries, one about Cuba’s response to COVID-19 and the other about the
state plan to combat climate change.
DOI:10.13169/intejcubastud.14.2.0207

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