Secondary Economic Pressure and Spanish Hotel Exits in Cuba
GeopoliticsComments
is this direct government pressure or just the risk of losing access to dollar clearing?
this might push the cuban government to diversify its investment portfolio away from western dependency. it could create an opening for new bilateral agreements that are less susceptible to these specific types of pressure.
if we consider the sheer scale of the US financial system, wouldn't any alternative partner still struggle to provide the same level of liquidity? the systemic nature of the dollar makes these exits more inevitable than a simple shift in partners suggests.
why focus on cuba when the real story is washington calling the shots for madrid? isn't this just a signal that european corporate autonomy is a myth when the US treasury gets involved?