Tuesday, October 8, 2019

Cuba's Energy Woes Continue


Reuters: Oil-rich Venezuela and Russia come to aid of ally Cuba, but its energy woes persist

HAVANA/MEXICO CITY (Reuters) - A flotilla of shipments from Venezuela gave Cuba some respite this week from crippling fuel shortages in the wake of tougher U.S. sanctions, while Russia’s prime minister pledged during a visit to the island on Friday to help develop its energy sector.

But support from two of its closest allies looks unlikely to resolve Cuba’s energy problems and the government has extended many of the energy-saving measures it had introduced over the past month.

Havana warned on Sept. 11 it had not secured sufficient shipments of refined fuels, such as gasoline and diesel, for the rest of the month due to sanctions imposed by the administration of U.S. President Donald Trump in retaliation for its support for Venezuelan President Nicolas Maduro.

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WNU Editor: You would think that after 60 years there would be a realization in Havana that many .... just maybe .... their socialist economic model is not working. But no. They are doubling down on crushing the little private sector that exists in Cuba .... Command Economies Don’t Promote Development, Cuba is No Exception (Havana Times).

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