September 23, 2019
Latest News

Cubans dealing with fuel shortages

Havana, Sep 11 (efe-epa).- President Miguel Diaz-Canel acknowledged Wednesday that Cuba is facing fuel shortages, but insisted the island will not experience a repeat of the severe economic hardships of the 1990s.

"We are not in a special period," he told Cubans in a nationally televised address, using the common shorthand for the slump the island endured as a result of the end of subsidies from Moscow following the dissolution of the Soviet Union in 1991.

Fuel shipments to Cuba were interrupted Tuesday and are not expected to resume until the weekend, the president said.

The main problem is a shortage of diesel, which fuels the Cuban bus fleet and most of the island's power plants, Diaz-Canel said, while vowing that the electricity will remain on.

In view of the "temporary situation," the Cuban government and people must take steps to conserve energy, he said. The president also urged people to report any instances of fuel theft or hoarding.

Diaz-Canel placed the blame for the interruption of supplies squarely on the United States, accusing Washington of "acting with greater aggressiveness toward Cuba" in the hope of making life worse for ordinary people to trigger a "social explosion."

President Donald Trump has tightened the decades-old US economic embargo on Cuba and is targeting Havana over its alliance with the leftist government in Venezuela, which Washington is trying to topple.

In a bid to hit two birds with one stone, the Trump administration has imposed sanctions on shipping companies that carry Venezuelan oil to Cuba.

Seeking to reassure the populace, Diaz-Canel said that Cuba produces 40 percent of the petroleum it needs, enough to keep power plants running and avert blackouts.

Lines have been seen at Havana service stations over the past few days. Some stations have shut down entirely, while others have run out of diesel.

The public transit company has suspended service on a number of bus routes and there are more pedestrians on the streets than usual.

EFE

aaf/dr

News history
Tesla stock has risen this month as its 3rd-quarter numbers approach

By David Marino-Nachison

Australian Navy begins sea trials of 3rd air warfare destroyer

Sydney, Australia, Sep 16 (efe-epa).- Australia has begun the first phase of sea trials of its third and final Air Warfare Destroyer, the Department of...

Nissan Motor CEO steps down in the wake of bonus scandal

Tokyo, Sep 16 (efe-epa).- Hiroto Saikawa stepped down from his post as chief executive officer of Nissan Motor on Monday and has been replaced by Yasuhiro...

Trump says US is "locked and loaded" to respond to attack on Saudi oil

Washington DC, Sep 15 (efe-epa).- The president of the United States on Sunday warned that his administration was "locked and loaded" to respond to a recent...

Nissan CEO steps down over bonus scandal

Tokyo, Sep 9 (efe-epa).- Nissan Motor's CEO, Hiroto Saikawa, will step down on 16 September on the back of an investigation into over payments the executive...

Volkswagen to pay multi-million-dollar settlement over 'dieselgate' Australia

Sydney, Australia, Sep 16 (efe-epa).- German car giant Volkswagen has agreed to pay millions in compensation to those affected by its diesel emissions...

General Motors braces for first nationwide strike in 12 years

Washington DC, Sep 15 (efe-epa).- The United Automobile Workers trade union on Sunday called for a nationwide strike of 48,000 employees at General Motors,...

Mexico seeks to topple Brazil's Volkswagen Guinness World Record

Puebla, Mexico, Sep 15 (efe-epa).- The Mexican state of Puebla over the weekend attempted to take the Guinness World Record for the most Volkswagen vehicles...

Argentina's gov't to present new budget amid economic woes

Buenos Aires, Sep 15 (EFE).- Finance Minister Hernan Lacunza will present the proposed 2020 budget to the Argentine Congress this week, a budget that will...

World's biggest oil producer reduces output by 50 percent after Saudi attacks

By Suleiman al-Assad

Battle to power electric vehicles reaches Sweden

By William Boston

Are central banks losing their clout?

By Randall W Forsyth

Ecotourism, the answer to Latin America's rural development needs

By Maria Jose Brenes

Havana-based cigar maker says it doesn't foresee Helms-Burton lawsuits

Havana, Sep 13 (efe-epa).- Habanos S.A., a Spanish-Cuban joint venture that is a leading maker of Premium cigars, said Friday it does not believe it is at...

US pledges to increase trade with Brazil, without mentioning bilateral deal

Washington, Sep 13 (efe-epa).- US Secretary of State Mike Pompeo promised his Brazilian counterpart here Friday that exchanges of goods and services between...

Mexicans make drinking straws from reeds to curb use of plastic

Jose de Jesus Cortes

London, Sep 13 (EFE).- The London Design Festival returns this weekend to the British capital with events and facilities bringing together the best of the...

China exempts US soy, pork products from tariffs ahead of US negotiations

By Paula Escalada Medrano.

Vaping giant Juul Labs debates pushing back on US' new ban on e-cigarettes

By Jennifer Maloney

Trump's plans for oil drilling in Arctic refuge clear big hurdle

By Timothy Puko

IMF: US-CHINA TRADE WAR STARTING TO WEIGH ON GLOBAL ECONOMY

Washington, Sep 12 (efe-epa).- The International Monetary Fund said Thursday that the trade war between the United States and China is already triggering a...

Argentina’s obsession with the dollar, a vicious circle amid a crisis

By Rodrigo García

New tariffs applied on Chinese imports to the US

Beijing, Sep 12 (efe-epa).- China's Customs Tariff Commission of the State Council has postponed the planned 25 percent tariffs on 16 products from the...

EU's top diplomat visits Mexico to boost trade agreement

By Eduard Ribas i Admetlla

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.