Via Mining Visuals, a look at at where the world’s cobalt reserves are located: Cobalt is a critical mineral, essential for the production of lithium-ion batteries used in electric vehicles (EVs), smartphones, and other renewable energy applications. As the world transitions to greener technologies, the demand for cobalt is projected to rise sharply. At the […]
Read more »Courtesy of Geopolitical Futures, analysis of Cuba’s recent power blackout crises: Cuba has had a bad week, even by Cuba’s standards. It suffered four nationwide power outages in a 48-hour period, only to be struck full force by Hurricane Oscar. The two events brought the precarity of Cuban infrastructure – particularly its power grid – […]
Read more »Courtesy of the New York Times, a report on Cuba’s power shortage: Cuba’s power grid failed and the entire nation plunged into darkness Friday, less than a day after the government stressed the need to paralyze the economy to save electricity in the face of major gasoline shortages and large-scale, regular outages. The electricity went […]
Read more »Courtesy of The Financial Times, a report on Havana’s economic collapse is hampering relations with Beijing: It is the only communist nation in the Americas, was the first in the western hemisphere to recognise the People’s Republic of China and is described by Beijing as “good brother, good comrade, good friend”. But despite their shared […]
Read more »Via Reuters, an article on new restrictions on Cuba’s private sector: Cuba’s booming private businesses braced for impact on Wednesday as the island’s communist-run government implemented a raft of new laws aimed at more tightly regulating the private sector amid a deepening economic crisis. The new rules come after less than three years of the […]
Read more »Via Semafor, a look at the dramatic impact of Cuba’s economic crisis: More than 10% of Cuba’s population left the island nation between 2022 and 2023, prompted by a severe economic downturn and a widening government crackdown. Despite allowing the creation of private businesses for the first time in decades, the country’s state-run economy has collapsed as […]
Read more »