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The Evolving Economic Crisis in Cuba: Current State and Future Prospects

Cuba has been facing an increasingly precarious economic situation, marked by deteriorating infrastructure, declining tourism, and limited energy resources. This longform article explores the current state of the Cuban economy, detailing its struggles and implications for the future.

Worsening Energy Crisis

In recent months, Cuba has experienced a series of nationwide blackouts that highlight the significant issues afflicting its electricity generation infrastructure. Many of the power plants, often over 50 years old, were originally expected to provide around 25 to 30 years of service. Due to inadequate maintenance and resource shortages, many of these facilities have begun to fail.