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October 6, 2017

Travel warning bad for Cuban businesses

HAVANA (AP) — A U.S. State Department travel warning for Cuba following mysterious attacks that harmed nearly two dozen American diplomats has come like a bucket of cold water for the aspirations of thousands of private entrepreneurs on the island.

Amid a sudden diplomatic thaw between the Cold War foes that began in 2014, many Cubans invested heavily in privately run restaurants, homestay B&Bs and cars to operate as taxi cabs in hopes of cashing in on an expected boom of American tourists.

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