Wealthy Nations Defy Trump With Debt Lifeline to Ailing Cuba

Members of the Paris Club, an informal group of rich nations, are close to suspending Cuba’s debt obligations for this year, in a move that defies U.S. attempts to block any financial relief to the communist island.

A group of over a dozen countries at the Paris-based creditor group will likely agree to a request from Cuba to delay a debt payment with these nations due at the end of October, according to three people familiar with the negotiations. The decision seeks to help the Caribbean nation to mitigate the fallout of the pandemic, the people said, declining to be named because talks are private.