Via Nikkei Asia, a look at Cuba’s desperate efforts to build Asian ties beyond China: The Cuban government is rushing to diversify and enhance ties in Asia, as U.S. President Donald Trump cranks up pressure on the Caribbean island nation following his raid on Venezuela. While China is a traditional ally and leading source of […]
Read more »Via The Economist, a report on Cuba’s growing economic challenges: It is hard to fathom how ordinary Cubans nowadays manage to survive. The barest necessities of life cost far more than the official average monthly wage of 6,506 pesos (equivalent to $14.46 at the informal rate, which everyone goes by). Most professionals, such as doctors and […]
Read more »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 […]
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