US opens up banking to private Cuban businesses as it aims to boost private sector

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Private Sector,Private Businesses,Financial Restrictions

WASHINGTON (AP) — The U.S. lifted some financial restrictions against Cuba on Tuesday, in a move designed to boost private businesses on the island.

The measures will allow independent entrepreneurs to open and access U.S. bank accounts online to support their businesses. Other measures include steps to open up more internet-based services and expand private companies' ability to use certain financial transactions.

About 11,000 private businesses in Cuba are responsible for roughly one-third of the island's employment, Cuban officials have said. "How dare you tweet this, THIS weekend," former GOP Rep. Adam Kinzinger fired back at Donald Trump's son.Trump Freaks Out at New York Trial Judge as Jury Deliberation Nears

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