Biden Readies Measures to Support Cuba Small Business Owners (1)

President Joe Biden’s administration is set to ease restrictions on Cuba to allow more US financial support of small businesses, a limited step to try to help private firms struggling to survive in the island’s shattered economy.

The US will unveil regulatory changes aimed at bolstering the entrepreneurial sector on the communist-run island as soon as this week, according to a person familiar with the matter, who spoke on condition they not be named ahead of the announcement.

Advocates for engagement with Cuba, which has been subject to a US trade embargo since the early 1960s, expect to see ...