AGL 42.00 Increased By ▲ 3.46 (8.98%)
AIRLINK 129.60 Increased By ▲ 0.10 (0.08%)
BOP 6.07 Increased By ▲ 0.46 (8.2%)
CNERGY 4.06 Increased By ▲ 0.20 (5.18%)
DCL 8.63 Decreased By ▼ -0.10 (-1.15%)
DFML 41.00 Decreased By ▼ -0.76 (-1.82%)
DGKC 88.40 Increased By ▲ 0.10 (0.11%)
FCCL 35.01 Increased By ▲ 0.01 (0.03%)
FFBL 66.45 Decreased By ▼ -0.90 (-1.34%)
FFL 10.72 Increased By ▲ 0.11 (1.04%)
HUBC 109.55 Increased By ▲ 0.79 (0.73%)
HUMNL 14.95 Increased By ▲ 0.29 (1.98%)
KEL 4.74 Decreased By ▼ -0.01 (-0.21%)
KOSM 7.36 Increased By ▲ 0.41 (5.9%)
MLCF 42.80 Increased By ▲ 1.15 (2.76%)
NBP 61.40 Increased By ▲ 1.80 (3.02%)
OGDC 180.99 Decreased By ▼ -2.01 (-1.1%)
PAEL 25.99 Decreased By ▼ -0.26 (-0.99%)
PIBTL 6.04 Increased By ▲ 0.07 (1.17%)
PPL 146.69 Decreased By ▼ -0.01 (-0.01%)
PRL 24.07 Increased By ▲ 0.46 (1.95%)
PTC 16.39 Decreased By ▼ -0.17 (-1.03%)
SEARL 70.80 Increased By ▲ 2.50 (3.66%)
TELE 7.25 Increased By ▲ 0.02 (0.28%)
TOMCL 36.51 Increased By ▲ 0.56 (1.56%)
TPLP 7.98 Increased By ▲ 0.13 (1.66%)
TREET 15.30 Increased By ▲ 1.10 (7.75%)
TRG 50.80 Increased By ▲ 0.35 (0.69%)
UNITY 27.40 Increased By ▲ 0.65 (2.43%)
WTL 1.25 Increased By ▲ 0.04 (3.31%)
BR100 9,868 Increased By 61.9 (0.63%)
BR30 29,870 Increased By 192.4 (0.65%)
KSE100 92,777 Increased By 472.6 (0.51%)
KSE30 28,934 Increased By 94.2 (0.33%)

US President Barack Obama plans to ease economic sanctions on Cuba, allowing Cuban-Americans to visit families as often as they like and send them unlimited financial aid, The Wall Street Journal reported Saturday. Citing an unnamed senior administration official, the newspaper said the new rules, which the president can introduce without seeking congressional approval, will affect an estimated 1.5 million Americans who have family members in Cuba.
The report came as eight US lawmakers - all Democrats from the US Congressional Black Caucus - arrived in Havana to discuss relations. The Journal said Obama didn't intend to call for lifting of the trade embargo against Cuba, which would require congressional action. The timing of the announcement is unclear, but several Cuba experts have said it could come ahead of this month's Summit of the Americas in Trinidad and Tobago. In Europe, a senior administration official travelling with Obama declined to comment on the report.
"I cannot confirm that anything is final on that at the moment," the official said. The congressional group in Havana is led by caucus chairwoman Barbara Lee and also includes Mel Watt, Emanuel Cleaver, Marcia Fudge, Mike Honda, Bobby Rush and Laura Richardson. The eighth legislator, Sheila Jackson-Lee, was due to arrive Monday.

Copyright Agence France-Presse, 2009

Comments

Comments are closed.