AGP Executive Report
Last update: 7 hours agoNew U.S. sanctions on Cuba’s economy: Secretary of State Marco Rubio announced another weekly squeeze, targeting Cuba’s financial, mining, and energy sectors, including the state bank Foreign Bank of Cuba, nickel-related firms, and CUPET-linked petroleum supply entities—plus Raúl Castro’s grandson. Health alert amid infrastructure strain: The U.S. Embassy in Havana warned of a significant rise in diarrheal illnesses, blaming deteriorating water and power systems and urging extra food and hygiene precautions. Energy push in the east: Cuba says construction is nearing completion on a 50-megawatt Battery Energy Storage Station in Cueto to stabilize the grid and support solar generation. Foreign investment rules updated: Cuba’s Council of Ministers published a decree setting procedures for foreign investment approvals and oversight. Tourism opening moves forward: Cuba also authorized private travel agencies under new rules, easing how non-state operators can run travel services. Local life continues: In Las Tunas, schools and community programs reopened and prepared for the new year despite the wider crisis.
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