Tuesday, February 14, 2006

Sheraton saves on fine by not allowing meeting with Cubans

The Mexico City Sheraton will save $544,000 in fines for taking action and not allowing a scheduled meeting to occur at their facility between Cuban officials and American energy businessmen. The fine by the US Treasurey Department would have been $1 million. Mexico will fine Sheraton $466,000 for applying U.S. law within their territory.
``U.S. firms may not engage in economic activity with Cuba,'' or in activity that would benefit the Cuban government, said Tony Fratto, the Treasury's assistant secretary for public affairs, at A press conference in Washington. ``No matter where they operate they have to remain within the law.''
No mint chocolate on the pillow.

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