AGP Executive Report
Last update: 25 minutes agoPower & Utilities: Cuba’s grid keeps failing: UNE says the Antonio Guiteras thermoelectric plant is back offline after a “lack of raw water,” while the director admitted repeated breakdowns tied to economizer components and warned repairs can’t keep up. Food Industry: In Ciego de Ávila, flour shortages are cutting regulated bread to “two days” of coverage, forcing bakeries to shift to wood-fired or mixed processes and rely on private contracts for pastries. Cost of Living & Currency: The informal USD rate hit a new high at 585 CUP, widening the gap with the official rate and deepening pressure on imports and production inputs. Energy Crisis & Social Impact: Blackouts are driving fresh street protests in Centro Habana, with residents reporting repeated outages after brief restorations. International Trade/Industry: Cuba’s participation in the Eurasian Economic Union is moving forward, with Cuba’s VP Valdés Mesa meeting Kazakhstan’s Tokayev on AI and digital cooperation, plus talks on medicine and pharmaceuticals. Sanctions & Risk: U.S. pressure is also showing up in business and logistics—reports highlight GAESA and other targets amid warnings of escalation and possible intervention scenarios.
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