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19.09.26 - 20:12
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Cuba Hit With National Power Grid Collapse As Oil Sources Dry Up (ZeroHedge)
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Cuba Hit With National Power Grid Collapse As Oil Sources Dry Up
Cuba's power grid collapsed once again this week, this time at a national level, leaving millions of people across the island without electricity. This is the sixth time since the US cut off fuel sources to the island since January that the national grid has collapsed and it's the most utility shutdown events in the country's recent history.
Even when Cuba's grid is in operation, only 30% of the population at most receives electricity at any given time. Many regions stay dark 20 to 30 hours at a stretch. Some provinces have reported 60–90 hours without power. Havana has gone from 4 hours a day early in the year to 18 hours after the fuel cutoff.
"Protocols are now in place to begin the gradual restoration of the system," said Felix Estrada, an official with Cuba's National Electrical Union (UNE). Power had returned to a handful of scattered neighborhoods in Havana by late evening, primarily aro...
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26.06.26 - 05:06
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Exxon Wins Big As Supreme Court Revives Cuba Seizure Case (ZeroHedge)
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Exxon Wins Big As Supreme Court Revives Cuba Seizure Case
The Supreme Court ruled Tuesday that Exxon Mobil can move forward with its lawsuit against Cuban state-owned oil companies over assets seized after Fidel Castro came to power, reopening a dispute tied to Cuba's 1960 nationalizations, according to CNN.
The 6-3 decision comes as President Donald Trump has taken a more aggressive stance toward Havana.
Justice Brett Kavanaugh wrote for the majority, with the Court's liberal justices dissenting.
CNN writes that the ruling is part of a broader wave of legal and political pressure on Cuba. In May, the Trump administration indicted former Cuban leader Raúl Castro over his alleged role in the 1996 shootdown of two civilian aircraft that killed four people, including three Americans. Trump has also floated military action, saying in March he might have the “honor of taking Cuba.”
Exxon's case centers on property seized in 1960 and a 1996 law that allows US nationals to sue over confiscate...
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23.06.26 - 19:03
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Gericht: Exxon darf zu Enteignungen unter Fidel Castro klagen (DPA-AFX)
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WASHINGTON (dpa-AFX) - Inmitten der Spannungen zwischen den USA und Kuba stärkt der Supreme Court das Klagerecht in den Vereinigten Staaten zu von der Fidel-Castro-Regierung vor Jahrzehnten enteignetem Vermögen. Der US-Energieriese Exxon darf gegen staatliche ......
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