CUBA Economic Collapse Worsens as Russia Sends Warships to Havana, Fuel & Food Shortages Continue

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June 16, 2024

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Cuba is facing an economic crisis, with a lack of infrastructure and a reliance on oil from Russia and Venezuela, which has been a major problem. The crisis has led to daily blackouts, and Cuba is struggling to maintain its electricity supply. To make matters worse, tourism, which was a significant source of income for the country, has been severely impacted by the COVID-19 pandemic and sanctions imposed by the US.

As a result, Cuba is looking to alternative sources of help, and has been seeking assistance from China and Russia. In recent days, Russia has sent a fleet of warships, including a nuclear-powered submarine, to Cuba, leading to concerns from the US. The US has been monitoring the situation, with the White House National Security Adviser stating that the exercises are routine, similar to those conducted by other friendly countries.

The economic crisis in Cuba is so severe that the government has had to relax its communist stance and allow small businesses to operate, bringing in some capitalist elements into the economy. This has led to shortages of basic goods, including food, medicine, and fuel, leaving many citizens struggling to get by. Despite the challenges, the people of Cuba are determined to make a change and are starting to work towards self-sufficiency, with many turning to the emerging private sector to make a living.

In the coming months, it is expected that Cuba will continue to look to China and Russia for help, which may lead to a strengthening of the relationship between the two countries. However, this also brings with it some risks, as the US may not be happy with the increased involvement of its rival powers in the region. Ultimately, Cuba’s economic crisis will not be resolved anytime soon, but with the help of its new partners, the country may be able to find a way out of its current difficulties.