Economic Crisis, Lack of Oil and Emigration Open a Complex Scenario for Cuba
4 Articles
4 Articles
By ANDREA RODRÍGUEZ HAVANA (AP) — First, a five-year economic crisis gripped Cuba, triggering a massive wave of emigration. Now, the unstable situation in Venezuela — one of its biggest trading partners — could cause further hardship for the island and increase the diaspora of its citizens. Since 2020, and despite the support of its political allies, the Caribbean nation has barely managed to secure oil to fuel its economy, while millions have l…
US President Donald Trump said that Cuba would not be able to survive without oil supplies from Venezuela.
Once the Venezuelan "intravenous drip" is cut off, Cuba will likely be unable to recover from its collapse. Violent unrest could spark the fire, as Cubans are no longer capable of further sacrifices, says Cuba expert Krzysztof Jacek Hinz.
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