AGP Executive Report
Last update: 5 hours agoCuba’s economic overhaul: Cuba’s leadership is rolling out 176 “economic and social transformations,” insisting it’s not a return to capitalism while pushing more room for private activity and foreign investment—yet critics warn it’s political survival dressed as reform. Currency chaos: A new dollar “yo-yo” in Cuba—jumping from about 600 to 700 pesos before sliding back near 660—keeps prices and planning unstable for households and small businesses. Power and shortages: Blackouts and fuel problems are worsening daily life, with reports of major grid strain and local exercises that underscore how the state is preparing for crisis conditions. Labor and priorities: President Miguel Díaz-Canel used the closing of the CTC congress to demand urgent economic and labor action amid the island’s energy emergency. Humanitarian win: Cuba says it secured UN World Food Programme support despite U.S. pressure, with aid continuing through 2030. Venezuela quake spillover: Cuba is also involved in Venezuela’s earthquake response as death tolls rise and survivors are pulled from rubble.
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