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Top related persons:
Vicente de la O Levy - 1 Jorge Pinon - 1 Pinon - 1 Fidel Castro’s - 1 Marc Frank - 1 Nelson Acosta - 1 Marianna Parraga - 1 Rami Ayyub - 1
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Search resuls for: "Jorge Pinon"


6 mentions found


☆ Cuba warns of worsening blackouts as fuel crisis bites
  + stars: | 2023-09-28 | by ( Marc Frank | ) www.reuters.com   time to read: +3 min
HAVANA, Sept 28 (Reuters) - Power blackouts in Cuba are expected to increase significantly due to a lack of fuel, officials warned in a nationwide TV broadcast, worsening the country's plight as it deals with food and medicine shortages. The Communist-run island has been mired in crisis and plagued by blackouts and shortages of food, medicine and fuel since the pandemic. Cuba says U.S. sanctions are largely to blame for the crisis, depriving the country of foreign exchange to import most of its fuel, food and other supplies. Cuba has also seen regular crude and fuel imports from Russia and Mexico, according to shipping data. "Cuba has bought more crude and fuel this year, compared with last year.
Persons: Vicente de la O Levy, Jorge Pinon, Pinon, Fidel Castro’s, Marc Frank, Nelson Acosta, Marianna Parraga, Rami Ayyub Organizations: Energy, Mining, Communist, Gross, Communist Party, University of Texas, Thomson Locations: HAVANA, Cuba, Havana, Washington, Venezuela, Russia, Mexico, Austin ., United States
☆ Cuba fuel shortages spark fistfights, queues and holiday cutbacks
  + stars: | 2023-05-01 | by ( Patrick Oppmann | ) edition.cnn.com   time to read: +5 min
Havana, Cuba CNN —As the gas lines grow longer, tempers in Cuba are growing shorter. Since mid-April, Cuba has been beset with its most dire fuel shortages in years, prompting comparisons to the severe disruptions Cubans suffered after the fall of the Soviet Union. Lines stretch for blocks even at gas stations where there has been no fuel for days. Taxi drivers wait in line to fill fuel at a petrol station in Havana. “How can we go to May Day when we have to be in a line for gas,” she said.
☆ Unable to process Venezuela's heavy oil, Cuba turns to Russia, Mexico -data, sources
  + stars: | 2023-04-26 | by ( Marianna Parraga Ana Isabel Martinez Dave Sherwood | Marianna Parraga | Ana Isabel Martinez | ) www.reuters.com   time to read: +5 min
[1/5] A Cuban tanker ship enters Havana's bay with a sign that reads in Spanish: "No more blockade", referring to the trade embargo on Cuba imposed by the U.S., Havana, Cuba, April 25, 2023. Venezuela's oil exports to Cuba so far this year have dropped to 55,000 barrels per day (bpd) from almost 80,000 in 2020. Cuba has also imported since November at least five cargoes from Russia, a long-time supplier, as well as fuel from Caribbean terminals and Europe, the data shows. Officials also blame U.S. sanctions, which complicate the financing and transport of fuel to Cuba, for the crisis. Venezuela's state oil company PDVSA and oil ministry, Pemex, and Mexico's foreign ministry did not reply to requests for comment.
☆ Cubans suffer days-long wait for fuel with little explanation
  + stars: | 2023-04-05 | by ( Nelson Acosta Marianna Parraga | Nelson Acosta | Marianna Parraga | ) www.reuters.com   time to read: +3 min
[1/3] State worker Yuri Yon (L), talks to a colleague during their third day waiting in line for the arrival of a fuel tank truck in Havana, Cuba, April 5, 2023. "I've been three days waiting in this line for gasoline and we still don´t know if the (fuel) truck will arrive today," said private taxi driver Alexander Pérez, 43. "The situation across the country is critical and the lines endless, and they don´t give any explanation." Venezuela has ramped up oil supply to Cuba since early 2023, according to documents from state company PDVSA and shipping data. But Venezuela's supply in recent months has barely included clean refined products, especially gasoline and diesel, according to the documents and data.
☆ Cuba says its allies have pledged help to end its economic crisis
  + stars: | 2022-11-30 | by ( Marc Frank | ) www.reuters.com   time to read: +3 min
HAVANA, Nov 30 (Reuters) - China, Russia, Algeria and Turkey have pledged to restructure Cuba's debt, provide new trade and investment financing, and help ease an energy crisis, Cuban President Miguel Diaz-Canel told state-run media following a rare trip abroad last week. Cuba's debt with business partners and suppliers has ballooned, leading some to refuse to do business with Cuba unless it is in cash, according to foreign business and diplomatic sources with knowledge of recent transactions. Cuba's current foreign debt is considered a state secret. Prior to the pandemic, in 2019, the Caribbean island nation reported its foreign debt at $19.6 billion. "There is no short-term solution to Cuba's electric power sector challenges; the system is old, tired and broken.
☆ Cuba is in the middle of an escalating tug-of-war between Russia, U.S.
  + stars: | 2022-10-27 | by ( Associated Press | ) www.nbcnews.com   time to read: +8 min
It also once again thrust the Caribbean island into the middle of an escalating tug-of-war between its seaside neighbor, the United States, and ally, Russia. The sales also potentially alleviated the weight of international sanctions on Russia for its invasion of Ukraine. Until the fall of the Soviet Union in 1991, the Soviets sold Cuba oil well below market price. A double hit to its power gridPreexisting economic turmoil and blackouts came to a head this fall when Cuba’s power grid took a double hit. Increased sales to China, India and even Cuba have helped Russia ease the economic brunt of sanctions.
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