AGP Executive Report
Last update: 9 hours agoEnergy and Investment: Cuba has replaced oil laws dating to 1938 and 1959, offering production-sharing contracts of up to 40 years to attract foreign investors as fuel shortages bite. The state will retain ownership of oil and gas. Currency Slide: The euro climbed to 885 pesos on the informal market and the U.S. dollar to 788, both near record highs. Fuel Standoff: Havana denies links to 90 fuel shipments intercepted by U.S. authorities, who say they were bound for sanctioned Cuban company Enetec. The dispute comes as Cuba pushes solar power and says it has installed 144 solar farms. Prison Crisis: Prisoners Defenders says Cuba holds a record 1,372 political prisoners, including 40 minors. A separate report says families spend up to 60,000 pesos per delivery of food and medicine to incarcerated relatives. Daily Hardship: A new wholesale market in Sancti Spíritus sells staples, diapers and other goods, but requires a minimum purchase of 24,000 pesos—out of reach for many households. Air China flight cancellations are also stranding Cubans in Spain and disrupting travel to the island.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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