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Cuban Economy Crises Deepen Amid Food Shortages and Unrest

1/7/2026

33 2 Full Breakdown

Summary

Story summary

The Cuban economy faces its worst crisis in 67 years, with severe food shortages and social unrest.
Economist Omar Everleny Pérez says the situation has never been this dire.
Following the U.S. capture of Nicolás Maduro, the Venezuelan President, U.S. President Donald Trump said Cuba's government might soon collapse because it relies on Venezuelan oil.
Trump dismissed the need for military intervention.

History

Historical Context

Following the Soviet Union's collapse in 1991, Cuba's economy plummeted by 35%, leading to severe food shortages and social unrest during the "Special Period." Today, Cuba's reliance on Venezuelan oil under Nicolás Maduro exacerbates its economic struggles, raising concerns about government stability and potential political change in the region, reminiscent of the past crisis.

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Story summary

The Cuban economy faces its worst crisis in 67 years, with severe food shortages and social unrest.
Economist Omar Everleny Pérez says the situation has never been this dire.
Following the U.S. capture of Nicolás Maduro, the Venezuelan President, U.S. President Donald Trump said Cuba's government might soon collapse because it relies on Venezuelan oil.
Trump dismissed the need for military intervention.

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