PWC News
Monday, June 15, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Cuba grid collapses again, hurricane heaps on misery By Reuters

Home Business
Share on FacebookShare on Twitter


By Dave Sherwood

HAVANA (Reuters) -Cuba’s electrical grid collapsed once more on Sunday, the fourth such failure in 48 hours, with a hurricane making landfall to compound the island’s distress and threaten additional havoc on its decrepit infrastructure.

Cuba earlier on Sunday had mentioned it was making headway restoring service after a number of false begins, although hundreds of thousands of individuals remained with out electrical energy greater than two days after the grid’s preliminary collapse.

“Restoration work started instantly,” the nation’s power and mines ministry mentioned on X.

Hurricane Oscar made landfall on the Caribbean island on Sunday, bringing robust winds, a robust storm surge and rain to elements of japanese Cuba and threatening to additional complicate the federal government’s efforts to reestablish service.

Cuba’s meteorological survey warned of “a particularly harmful scenario” in japanese Cuba, whereas the U.S. Nationwide Hurricane Middle reported winds of 75 miles per hour (120 kph) because the storm made its approach throughout the island.

“On the forecast monitor, the middle of Oscar is predicted to proceed transferring throughout japanese Cuba tonight and Monday, then emerge off the northern coast of Cuba late Monday and cross the central Bahamas on Tuesday,” the Hurricane Middle mentioned.

The Communist-run authorities canceled college by way of Wednesday – a close to unprecedented transfer in Cuba – citing the hurricane and the continued power disaster. Officers mentioned solely important staff ought to report back to work on Monday.

The repeated grid collapses marked a significant setback within the authorities’s efforts to shortly restore energy to exhausted residents already affected by extreme shortages of meals, drugs and gasoline.

The a number of setbacks within the first 48 hours additionally underscored the complexity of the work and the nonetheless precarious state of the nation’s grid.

Cuba had restored energy to 160,000 shoppers in Havana simply previous to the grid’s Sunday collapse, giving some residents a glimmer of hope.

However housewife Anabel Gonzalez, of previous Havana, a neighborhood in style with vacationers, mentioned she was rising determined after three days with out energy.

“My cellphone is lifeless and have a look at my fridge. The little that I had has all gone to waste,” she mentioned, pointing to reveal cabinets in her two-room dwelling.

Power and mines minister Vicente de la O Levy instructed reporters earlier on Sunday he anticipated the grid to be totally practical by Monday or Tuesday however warned residents to not anticipate dramatic enhancements.

It was not instantly clear how a lot the most recent setback would delay the federal government’s efforts.

Cuba’s nationwide electrical grid first crashed round noon on Friday after the island’s largest energy plant shut down, sowing chaos. The grid collapsed once more on Saturday morning, state-run media reported. 

By early night on Saturday, authorities reported some progress restoring energy earlier than asserting one other partial grid collapse.

RISING TENSIONS

Reuters reporters witnessed two small protests in a single day after a grid failure left Havana at the hours of darkness late Saturday, one on the outskirts of the capital in Marianao and the opposite within the extra central Cuatro Caminos. Numerous movies of protests elsewhere within the capital started to crop up on social media late on Saturday, although Reuters was not in a position to confirm their authenticity.

Power Minister O Levy mentioned the blackouts had been bothersome to residents, however he mentioned most Cubans understood and supported authorities efforts to revive energy.

“It’s Cuban tradition to cooperate,” O Levy instructed reporters on Sunday. “These remoted and minimal incidents that do exist, we catalog them as incorrect, as indecent.”

Web site visitors dropped off sharply in Cuba over the weekend, in response to information from web monitoring group NetBlocks, as huge energy outages made all of it however inconceivable for many island residents to cost telephones and get on-line. 

“Community information present that Cuba stays largely offline because the island experiences a second nationwide energy outage,” Netblocks mentioned on Saturday.

The federal government has blamed weeks of worsening blackouts – so long as 10 to twenty hours a day throughout a lot of the island – on deteriorating infrastructure, gasoline shortages and rising demand. 

Cuba additionally blames the U.S. commerce embargo, in addition to sanctions instituted by then-President Donald Trump, for ongoing difficulties in buying gasoline and spare elements to function and preserve its oil-fired vegetation.

The U.S. has denied any function within the grid failures.

Cuba relies on imports to feed its largely out of date, oil-fired energy vegetation. Gasoline deliveries to the island have dropped considerably this 12 months as Venezuela, Russia and Mexico, as soon as essential suppliers, have slashed their exports to Cuba.

Ally Venezuela – struggling to produce its personal market – lower by half its deliveries of sponsored gasoline to Cuba this 12 months, forcing the island to seek for extra expensive oil on the spot market.  

Mexico, one other frequent provider, appeared additionally to have lower gasoline flows to Cuba throughout a presidential election 12 months.

Not too long ago elected President Claudia Sheinbaum has not mentioned if the state-supported provide to Cuba will proceed underneath similar phrases underneath her administration.





Source link

Tags: collapsesCubagridheapsHurricanemiseryReuters
Previous Post

The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice – Premium Bitcoin News

Next Post

Optimism Reigns in Markets, But Volatility Risks Remain on the Horizon | Investing.com

Related Posts

Milky Mist updating books with FY26 numbers, to file UDRHP for IPO, says CEO Rathnam
Business

Milky Mist updating books with FY26 numbers, to file UDRHP for IPO, says CEO Rathnam

June 15, 2026
Millions of Americans Are Retiring Earlier Than They’d Planned To — Here’s Why
Business

Millions of Americans Are Retiring Earlier Than They’d Planned To — Here’s Why

June 14, 2026
US refueling planes threaten Israels summer flight schedule
Business

US refueling planes threaten Israels summer flight schedule

June 15, 2026
SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history | Fortune
Business

SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history | Fortune

June 14, 2026
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banks
Business

Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banks

June 14, 2026
Agios Pharmaceuticals, Inc. (AGIO) Discusses New Data and Strategic Expansion in Rare Hematology at EHA Investor Event Transcript
Business

Agios Pharmaceuticals, Inc. (AGIO) Discusses New Data and Strategic Expansion in Rare Hematology at EHA Investor Event Transcript

June 14, 2026
Next Post
Optimism Reigns in Markets, But Volatility Risks Remain on the Horizon | Investing.com

Optimism Reigns in Markets, But Volatility Risks Remain on the Horizon | Investing.com

Did the Economic Modern Family Really Go Anywhere Last Week? | Investing.com

Did the Economic Modern Family Really Go Anywhere Last Week? | Investing.com

How Is Durov’s Arrest Connected to Telegram’s Crypto Expansion?

How Is Durov’s Arrest Connected to Telegram’s Crypto Expansion?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

A final video call, a last photo: Bihar families mourn IAF personnel killed in Assam crash
Economy

A final video call, a last photo: Bihar families mourn IAF personnel killed in Assam crash

by PWC
June 14, 2026
0

Patna: The final recollections are actually frozen on cell phone screens. One mom recollects her son smiling throughout a quick...

The 'biggest knock' against Canada's trade numbers also undercuts one of Carney's economic pillars, economist says

The 'biggest knock' against Canada's trade numbers also undercuts one of Carney's economic pillars, economist says

June 9, 2026
The 2026 Guide to B Corp Certification: Navigating the New Performance Standards – ESG and Sustainability Consultants – UK Coverage – ESG PRO.

The 2026 Guide to B Corp Certification: Navigating the New Performance Standards – ESG and Sustainability Consultants – UK Coverage – ESG PRO.

June 12, 2026
Securitize brings tokenized CLO fund to Solana with 0 million backing from Ethena

Securitize brings tokenized CLO fund to Solana with $250 million backing from Ethena

June 13, 2026
Add Inflation, iPhones to List of Reasons for the Baby Bust

Add Inflation, iPhones to List of Reasons for the Baby Bust

June 12, 2026
The Dividend Payment Procedure Explained | Declaration, Ex-Dividend, Record, & Payment Dates

The Dividend Payment Procedure Explained | Declaration, Ex-Dividend, Record, & Payment Dates

June 13, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.