AGP Executive Report
Last update: 9 hours agoCuba’s Economic Pivot: Cuba’s National Assembly unanimously approved a sweeping 176-measure reform package to restructure the economy, expand private enterprise, loosen state controls, and open more doors for foreign investment—while Díaz-Canel insists it’s “not renouncing socialism,” but “urgent changes” to survive the crisis. Parliament Details: The plan includes eliminating price caps and the ration book, ending key monopolies in foreign trade and hiring for foreign firms, allowing private banks and currency exchange houses, and letting foreigners invest directly in the domestic private sector. EU Pressure: The European Parliament voted to demand sanctions on Díaz-Canel and suspend cooperation unless political prisoners are freed and democratic steps are taken. Energy Crisis Protests: In Santiago de Cuba, residents staged another round of cacerolazos as blackouts and fuel shortages continue to hit daily life. U.S.-Cuba Tensions: Reporting highlights Washington’s tightening pressure, including targeting Cuba’s tourism and state oil company CUPET, as the reforms roll out.
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