Washington, Nov. 16 -- : The United States has added five sub-entities owned by the Cuban military to the list of entities with which direct financial transactions are forbidden, Secretary of State Mike Pompeo announced.

"Today, I am announcing an update to the Cuba Restricted List to add five sub-entities owned by the Cuban military to the list of entities with which direct financial transactions are generally prohibited. On November 16th, Cuba commemorates Havana's 500th anniversary," he said in a statement.

"Havana was once one of the most dynamic and prosperous cities in the Americas. Far from being a celebration, this anniversary is instead a sad reminder of how the revolution continues to fail its people by commandeering Cuba's econ...