Articles of nationalized companies 1959

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Cuba nationalizes U.S. companies

Fidel 55 años atras

As an aggressive move against the Cuban people in 1960, U.S. President Dwight D. Eisenhower’s administration reduced Cuba’s sugar quota – the market share allotted to Cuba. ( – Spanish). Congress awarded the President the authority to make such a decision, allowing him to use regulatory mechanisms for the purpose of coercion and reprisals against the Cuban Revolution.