AGP Executive Report
Last update: 9 hours agoPrice Controls Backfire: Cuba’s plan to ease price caps is being undermined as provinces reintroduce controls, add inspections and fines, and even impose a mandatory 30% profit margin in places like Artemisa, Matanzas, and Holguín. Energy Crisis, Fidel at 100: As Cuba marks Fidel Castro’s centenary, the backdrop is worsening shortages and power cuts tied to the U.S. energy embargo, with officials blaming “genocide” while many question whether the system can deliver. China Steps In on Food and Power: Cuba received a third 15,000-ton rice shipment from China (part of 60,000 tons), and also continues solar support with new photovoltaic systems aimed at rural electrification and critical services. Mining Deal Watch: U.S. investors are positioning to gain control of Sherritt International’s nickel and cobalt operation in Moa, a major Cuban asset tied to decades-old confiscations. Regional Friction: The Dominican Republic expelled Cuban diplomatic officials, escalating tensions amid U.S.-led regional security efforts. Solar for Industry: In Holguín, Ingeco Construction is shifting parts of its operations toward photovoltaic backup to keep road and asphalt work running during outages. GAESA Scrutiny: A U.S.-linked analysis portrays GAESA as a dominant, opaque military-linked economic structure spanning ports, logistics, tourism, finance, and telecom.
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