Wednesday’s total blackout also follows a similar episode last month when the entire country lost power for several days.
Less than three weeks after Cuba lost all electrical service ... The government, which is highly indebted and runs an inefficient centrally planned economy, is bankrupt and does not have money ...
President Miguel Diaz-Canel, accused the Trump administration of engaging in an “asphyxiating financial persecution” to which new U.S. sanctions, due in part to Cuba’s support for Venezuela ...
Professor of Management and Co-director of the Centre for Latin American & Caribbean Studies, University of Essex Cuba’s national ... its grip on the centrally planned economy, and the reforms ...
After a brief respite, the U.S. reimposed sanctions on Venezuela in 2024 as President Nicolás Maduro reneged on his promise to hold free and fair elections. Venezuela now sells oil to middlemen while ...
Without an obvious new patron to prop up its economy, Cuba’s leaders have had to turn to other tactics to relieve the ...
Cuba’s electrical system collapsed Friday, as mounting problems with a lack of oil and dilapidated infrastructure reached a crisis point, paralyzing the economy of the Communist nation.