Cuba trade embargo renewed

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With little fanfare, President Obama has renewed his authority under the 1917 Trading with the Enemy Act to extend the U.S. trade embargo on Cuba, according to a statement from the White House press office. “I hereby determine that the continuation for 1 year of the exercise of those authorities with respect to Cuba is in the national interest of the United States,” Obama declared in a memorandum to the Secretary of State and the Secretary of the Treasury. In a post last year, The Havana Note explained that Cuba is the only country whose trade with the U.S. is restricted under the act (North Korea escaped its fetters in 2008) and that “for close to 3 decades now, the embargo remains in place because of a yearly presidential determination that it ought to.”

Full story: Obama Quietly Renews U.S. Embargo on Cuba