Without oil, without flights, and with a peso at historic lows: Cuba is groaning under US pressure

US pressure is being felt increasingly starkly in Cuba this Wednesday, with new announcements of flight cancellations, record blackouts, fuel rationing, and a peso at historic lows. Russian airlines Rossiya and Nordwind have temporarily suspended their flights to Cuba "due to supply difficulties" and will not resume these routes "until the situation changes"...

Without oil, without flights, and with a peso at historic lows: Cuba is groaning under US pressure

TL;DR

  • Russian airlines Rossiya and Nordwind have suspended flights to Cuba due to supply difficulties, following similar cancellations by Canadian airlines.
  • The Cuban peso hit a historic low, trading at 500 CUP per USD in the informal market.
  • Cuba experienced its most extensive blackout on record, with over 64% of the country losing power simultaneously.
  • The government has implemented a contingency plan, limiting essential services, rationing gasoline, and prioritizing basic crops.
  • Cuban authorities maintain a stance of resistance and are open to dialogue with the US on equal terms.