"For the government of Miguel Diaz-Canel, the political heir of Fidel and Raul Castro, the situation is the result of an economic war, marked by the trade and financial embargo imposed by Washington since 1962 and exacerbated by decades of disagreements. For his detractors, however, it is the direct consequence of the iron grip of the state, which exerts control over up to 90% of the means of production, stifling the country's economic development."
"The continuous blackouts due to the energy crisis were expected to reach one of the most critical situations to date on Tuesday: up to 64% of the island was expected to be without power at the time of greatest energy demand, according to data from the Cuban state network itself, the Electric Union, collected by Efe. The strangulation of Cuba's already ailing economy is progressing rapidly."
"In early January, the U.S. military operation in Caracas to capture Nicolas Maduro and cut off the flow of oil from Venezuela left Cuba without its main ally, and more dependent on humanitarian fuel shipments from Mexico. With that avenue now also closed, which Mexican President Claudia Sheinbaum is trying to reactivate, as she stated this Tuesday, the situation has been deteriorating day by day."
An executive order imposing tariffs on countries supplying oil to Cuba accelerated an already declining standard of living. The U.S. trade and financial embargo since 1962, together with recent actions, has tightened fuel access. The socialist state controls up to 90% of production, limiting economic dynamism. Energy shortfalls have produced continuous blackouts, with up to 64% of the island predicted without power during peak demand. A U.S. operation in Caracas severed Venezuela's oil flow to Cuba, increasing reliance on humanitarian fuel from Mexico. Paralysis in trade, transport, and electricity has degraded hotels and restaurants and further reduced tourism after the Covid pandemic.
Read at english.elpais.com
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