Tag

#Cuba economy

3 articles

GENERAL

Cuba Welcomes Foreign Investment, Eyes U.S. Business Ties

Cuba is actively seeking foreign investment and exploring new avenues for international business, signaling a significant shift in its economic policy. While the U.S. embargo presents challenges, the island nation is relaxing rules to encourage private sector growth and attract global partners. Key areas of focus include renewable energy and opportunities for diaspora engagement.

1 week ago
GENERAL

Cuba’s Power Grid Collapses Amid Economic Crisis

Cuba is facing its worst power grid collapse in decades, exacerbating severe economic and social hardships. Experts state the electrical system requires an $8-10 billion overhaul, as repairs are not feasible. The crisis adds to geopolitical tensions, with potential Russian oil shipments and lingering U.S. policy questions.

1 week ago