No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, April 13, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Cuba begins to restore power after third nationwide collapse of the entire energy grid this month

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 3 mins read
A A
Cuba begins to restore power after third nationwide collapse of the entire energy grid this month
Share on FacebookShare on TwitterShare on LInkedIn



Cuba began restoring its energy system on Sunday, a day after a nationwide collapse of the entire grid left millions of people in the dark for the third time this month.

Some 72,000 customers in the capital, among them five hospitals, had electricity again early Sunday, according to a report from the state-run Electric Union and the Ministry of Energy and Mines, but it’s only a fraction of Havana’s total population of approximately 2 million.

In Havana and provinces such as western Matanzas and eastern Holguin, local power microsystems were set up to supply the most vital centers. Residents in some areas of the capital told The Associated Press that power returned during the early morning hours.

Cuba is currently facing an unprecedented energy crisis. Its aging grid has drastically eroded in recent years, but the government has also blamed the outages on a U.S. energy blockade, after President Donald Trump in January warned of tariffs on any country that sells or provides oil to Cuba. His administration is demanding that Cuba release political prisoners and move toward political and economic liberalization in return for a lifting of sanctions. Trump also has raised the possibility of a “friendly takeover of Cuba.”

Another reason Cuba has been struggling with dwindling oil is the removal by the U.S. of Venezuela’s former President Nicolás Maduro, which halted critical petroleum shipments from the nation that had been a steadfast ally to Havana.

President Miguel Díaz-Canel has said the island has not received oil from foreign suppliers for three months. Cuba produces barely 40% of the fuel it needs to power its economy.

Daily blackouts have a significant impact on the population, whose lives are disrupted by reduced work hours, lack of electricity for cooking and damage to household appliances, among many other consequences.

“With the blackout and low voltage, my refrigerator broke — that was today. The day before yesterday, the voltage also dropped around 10 at night,” Suleydi Crespo, a 33-year-old woman with two small children, told AP on Saturday. “If there’s no electricity tomorrow, we won’t be able to get water.”

Residents also expressed exhaustion from the constant outages, whether nationwide or partial.

The Cuban Electric Union, which reports to the Ministry of Energy and Mines, reported that the total disconnection of the national energy system was caused by an unexpected shutdown of a generation unit at the Nuevitas thermoelectric plant in Camaguey province, without providing details on the specific cause of the failure.

The last nationwide blackout occurred on Monday. It took several days to restore power.

Saturday’s outage was the second in the past week and the third in March.

“We have to get used to continuing our usual routine. What else can we do? We have to try to survive. Get used to events, with or without electricity,” said Dagnay Alarcón, a 35-year-old vendor.

Authorities and Díaz-Canel himself have acknowledged the seriousness of the current energy situation. The Vice Minister of Energy and Mines Argelio Abad Vigo explained this week that the country has gone three months without receiving supplies of diesel, fuel oil, gasoline, aviation fuel or liquefied petroleum gas — all vital for the economy and power generation.

Fuel sales for vehicles are rationed, airlines have suspended flights or reduced frequencies many workplaces have reduced hours.

Trump has for months suggested Cuba’s government is on the verge of collapse. After a previous time Cuba’s electric grid collapsed, Trump told reporters he believed he’d soon have “the honor of taking Cuba.”



Source link

Tags: beginscollapseCubaenergyEntiregridmonthNationwidePowerrestore
ShareTweetShare
Previous Post

1 Stock to Buy, 1 Stock to Sell This Week: Ondas, PDD

Next Post

CoinDCX Denies Any Link to Fraud as Founders Cited in India Investigation

Related Posts

edit post
Billionaire philanthropist MacKenzie Scott donates  million to Meals on Wheels America—helping feed more than 2 million people a year

Billionaire philanthropist MacKenzie Scott donates $70 million to Meals on Wheels America—helping feed more than 2 million people a year

by TheAdviserMagazine
April 13, 2026
0

While billionaires have come under fire for not living up to their philanthropic promises, one person is rising from the...

edit post
How Much Should You Allocate To Crypto? Schwab Says Even A Small Allocation To Bitcoin And Ethereum Can Significantly Affect Performance

How Much Should You Allocate To Crypto? Schwab Says Even A Small Allocation To Bitcoin And Ethereum Can Significantly Affect Performance

by TheAdviserMagazine
April 13, 2026
0

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. There is no...

edit post
Lubinski to buy 50% stake in SPAR Israel

Lubinski to buy 50% stake in SPAR Israel

by TheAdviserMagazine
April 13, 2026
0

Vehicle importers Lubinski Group has signed a partnership agreement to acquire a 50% stake in the SPAR supermarket chain...

edit post
Nova Materials names new finance chief (NVAAF:OTCMKTS)

Nova Materials names new finance chief (NVAAF:OTCMKTS)

by TheAdviserMagazine
April 13, 2026
0

Follow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock news Nova Minerals...

edit post
WeWork’s latest comeback bet fits inside a phone booth

WeWork’s latest comeback bet fits inside a phone booth

by TheAdviserMagazine
April 13, 2026
0

Good morning. I’ve long been fascinated with companies that fail, often spectacularly, only to be reborn in a smaller but...

edit post
Ather Energy shares rally 8% while Eicher Motors, Hero MotoCorp shares drop up to 4%. Here’s why

Ather Energy shares rally 8% while Eicher Motors, Hero MotoCorp shares drop up to 4%. Here’s why

by TheAdviserMagazine
April 13, 2026
0

The shares of EV scooter-maker Ather Energy rallied 8% on Monday, despite overall market weakness, while Royal Enfield-maker Eicher Motors...

Next Post
edit post
CoinDCX Denies Any Link to Fraud as Founders Cited in India Investigation

CoinDCX Denies Any Link to Fraud as Founders Cited in India Investigation

edit post
BlackBoxStocks Review – Is This Market Scanner Worth the Money?

BlackBoxStocks Review - Is This Market Scanner Worth the Money?

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
New Homeland Security Secretary Cracks Down On Sanctuary Cities

New Homeland Security Secretary Cracks Down On Sanctuary Cities

0
edit post
Ola Electric shares fall 7% on profit booking after 40% three-day rally

Ola Electric shares fall 7% on profit booking after 40% three-day rally

0
edit post
Polkadot bridge that claimed it was unhackable hit by 1 billion fake DOT tokens exploit

Polkadot bridge that claimed it was unhackable hit by 1 billion fake DOT tokens exploit

0
edit post
Probate Estate Can Serve as a Condit for Retirement Assets – Houston Tax Attorneys

Probate Estate Can Serve as a Condit for Retirement Assets – Houston Tax Attorneys

0
edit post
How I Traded This Beautiful Intraday Cup and Handle

How I Traded This Beautiful Intraday Cup and Handle

0
edit post
Billionaire philanthropist MacKenzie Scott donates  million to Meals on Wheels America—helping feed more than 2 million people a year

Billionaire philanthropist MacKenzie Scott donates $70 million to Meals on Wheels America—helping feed more than 2 million people a year

0
edit post
Polkadot bridge that claimed it was unhackable hit by 1 billion fake DOT tokens exploit

Polkadot bridge that claimed it was unhackable hit by 1 billion fake DOT tokens exploit

April 13, 2026
edit post
Billionaire philanthropist MacKenzie Scott donates  million to Meals on Wheels America—helping feed more than 2 million people a year

Billionaire philanthropist MacKenzie Scott donates $70 million to Meals on Wheels America—helping feed more than 2 million people a year

April 13, 2026
edit post
How I Traded This Beautiful Intraday Cup and Handle

How I Traded This Beautiful Intraday Cup and Handle

April 13, 2026
edit post
Mortgage Rates Today, Monday, April 13: A Little Lower

Mortgage Rates Today, Monday, April 13: A Little Lower

April 13, 2026
edit post
Exxon Mobil (XOM): Bullen lauern am Trigger – Geopolitik treibt den Kurs!

Exxon Mobil (XOM): Bullen lauern am Trigger – Geopolitik treibt den Kurs!

April 13, 2026
edit post
How Much Should You Allocate To Crypto? Schwab Says Even A Small Allocation To Bitcoin And Ethereum Can Significantly Affect Performance

How Much Should You Allocate To Crypto? Schwab Says Even A Small Allocation To Bitcoin And Ethereum Can Significantly Affect Performance

April 13, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Polkadot bridge that claimed it was unhackable hit by 1 billion fake DOT tokens exploit
  • Billionaire philanthropist MacKenzie Scott donates $70 million to Meals on Wheels America—helping feed more than 2 million people a year
  • How I Traded This Beautiful Intraday Cup and Handle
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.