41–50 of 112 posts
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
What can Cuba offer? Same problem with Haiti, what can Haiti offer? Not even China seems interested in paying peanuts for them (The way they are buying Nicaragua and Venezuela)
Why don’t we let the markets decide?
Earlier quoted context omitted.
I don't think it's a stupid question. Cuba is increasing their solar energy, as far as I know they plan to increase their 200 something MW to 2 or 3 GW over the next 4-5 years. There are a lot of challenges in doing that though, one of them is the US. We build (or buy and upgrade) solar plants around the globe but we wouldn't risk the US market over going into Cuba. I doubt we're the only ones. Then there is the ques…
> This is a bit of a side note, but heat isn't a benefit. I know we tend to think of hot areas which get a lot of sun as good places for solar plants, but today's solar tech loses a lot of efficiency to heat in temperatures above 25 degrees celsius. By a lot I mean that we don't even build parks in areas that go above 20-25 degrees if there are no outside incentives like green tariffs or NGO support. Would you be wil…
> I didn't know of anywhere in the continental US that was always below 20-25 C.
I should've been both clearer on what I meant. Both because I should've written that it was "generally" don't go above 20-25 rather than "never", sorry about that. Tariffs are a key aspect of it though, because many countries where you do go above 25 during the summer have green tariffs, NGO bonuses and/or tax reductions. Germany, Holland or similar are good examples of where you'll get hotter weather than 25 during the summer, but you're also paid tariffs where their government programs will pay you X amount of money up til a certain MW production, at which point you're selling at market rates. In some areas you have the NGO's which are often "green funds" set up by large companies which grant financial bonuses to green energy initiatives. Sometimes for philanthropic reasons sometimes to balance their CO2 outputs.
Generally speaking it's a sort of silly calculations that you do to build the most financial viable plants. In Germany for instance the tariffs not only cut off at a certain MW production, they completely go away meaning that you'll actually lose the tariffs completely. You might think that was a reason to keep production low, but EU laws make it possible to split your physical solar plant into multiple different solar plants owned by different companies, which can then sell power individually and even sell to each other. Yes... But at least it gets the green energy plants build.
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
Cuba is collapsing because of failed economic policies and the resulting emigration.
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
China's Xi vows to support Cuba in defending its national sovereignty https://www.reuters.com/world/chinas-xi-vows-support-cuba-de...
Earlier quoted context omitted.
Cuba has no money to purchase said solar panels. China, the main seller of solar, has publicly stated that Cuba is not paying their bills https://www.ft.com/content/9ca0a495-d5d9-4cc5-acf5-43f42a912...
Can you share the article with a non-subscriber? Edit: the name of the article is catchy: "China is not Cuba’s sugar daddy’: ties between communist nations weaken" Edit2: This is a summary of the FT article in spanish by a cuban newspaper. I suppose the most important arguments and data are included here https://www.14ymedio.com/internacional/china-senala-falta-vo... Edit3: Thanks for the transcript. And someone shar…
But despite their shared political legacy — and what Washington says is a history of Chinese spying activity from Cuba — the island’s economic collapse has hurt commercial ties with China just as Beijing’s strategic rivalry intensifies with the Caribbean island’s arch-enemy, the US.
Chinese trade with Latin America has grown more than tenfold over the past two decades and continues to surge: China has become the second-largest trading partner for the region, after the US. But the import of Chinese goods to Cuba fell from $1.7bn in 2017 to $1.1bn in 2022, the last year for which Cuban data is available.
The two countries do not release data on Chinese investment in Cuba, but Cuban economist Omar Everleny said it amounted to a “laughably small” proportion of the roughly $160bn Beijing invested in Latin America and the Caribbean between 2005 and 2020.
China’s President Xi Jinping greets Cuba’s first vice- president of the Council of State Miguel Diaz-Canel at the Great Hall of the People Miguel Diáz-Canel, now Cuba’s president, meets Chinese president Xi Jinping at the Great Hall of the People in 2013 © Ed Jones/AFP/Getty Images Chinese companies involved with state-backed deals were owed large sums by the Cuban state, said people briefed on the debts. Major Chinese companies such as Huawei and Yutong “are owed hundreds of millions of dollars each”, said an overseas businessperson who trades with the island.
Scant raw materials and an unproductive economy leave the island with little to export to China, while imports have diminished in recent years as hardened US sanctions severely aggravated Havana’s chronic late-payment problems and dried-up credit lines.
Since the Covid-19 pandemic, sugar production on the island — once a critical industry — has plummeted to its lowest levels in more than a century: there is barely enough sugar to cover domestic requirements. That has resulted in the scrapping of a long-standing agreement to export an annual 400,000 tonnes of sugar to China.
“China is not Cuba’s sugar daddy,” said Fulton Armstrong, former US national intelligence officer for Latin America. “It’s mostly a relationship of solidarity statements. It’s not a strategic relationship for either country.”
An employee organizes cigars at the Partagas cigar factory in Havana The Partagas cigar factory in Havana. Cuba still exports nickel, zinc and luxury cigars to China © Yamil Lage/AFP/Getty Images Cuba today does not even feature among China’s top-tier allies in Latin America. Beijing has what it calls “comprehensive strategic partnerships” with Argentina, Brazil, Chile, Ecuador, Mexico, Peru and Venezuela, all major commodity exporters, but not with Cuba.
China publicly supports Cuba’s right to choose its own path to economic development “in line with its national conditions”, but privately Chinese officials have long urged the Cuban leadership to shift from its vertically planned economy to something closer to the Chinese model, according to economists and diplomats briefed on the situation.
Chinese officials have been perplexed and frustrated at the Cuban leadership’s unwillingness to decisively implement a market-oriented reform programme despite the glaring dysfunction of the status quo, the people said.
The paifang architectural arch at the entrance of Chinatown in Havana Havana’s Chinatown © David Silverman/Getty Images The fraying of trade ties forms a stark contrast with recent decades. After more than 10 years of extreme scarcity after the Soviet Union collapsed, an influx of imports in the early 2000s made such an impact that Chinese brands became part of the Cuban vernacular.
“Taking the Yutong” is now synonymous with “taking the bus” in Havana, while Cubans — experts in gallows humour — baptised the hundreds of thousands of leaky Haier refrigerators imported as part of Fidel Castro’s “Energy Revolution” to improve energy efficiency as “Drippys”.
Cuba has been a member of China’s Belt and Road global infrastructure development initiative since 2018 and China remains the island nation’s second trading partner after Venezuela, which sends the country oil in return for Cuban doctors.
Beijing and Havana have a cyber security agreement, and over the past two decades Chinese groups Huawei, TP-Link and ZTE have installed fibre optic cables, WiFi hotspots and other digital infrastructure throughout the island.
But Chinese imports are “way down . . . overall”, said one western businessman based in Havana. “Exporters are shifting away from the China-Cuba credit lines and moving to the private sector.”
Cuba still exports nickel, zinc and luxury cigars to China, leases doctors in return for hard currency payment, and co-operates on biotech.
Cuban President Miguel Diáz-Canel has twice visited Beijing and brought back politically useful handouts, including medical equipment during the pandemic, a $100 million donation last year and thousands of tonnes of rice donations this year. But he has been unable to coax greater economic integration.
“The Chinese don’t give away a lot of charity,” said William LeoGrande, professor of government at American University. “The Cubans right now are in a position where they need charity, and they don’t have much to offer in return.”
Beijing also has a much lower-profile security relationship with Havana than does Moscow, which is openly focused on Cuba’s geopolitical value as a close neighbour of the US. Russian naval flotillas have docked in Havana twice this year in a show of military strength. Russian trade with Cuba has surged in recent years, driven by US sanctions on both countries and the war in Ukraine.
There have been reports suggesting China has renewed efforts to take advantage of Cuba’s strategic location with electronic eavesdropping stations on the island.
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The new economic nationalism China’s new back doors into western markets The Center for Strategic and International Studies, a Washington think- tank, said in July there were “growing signs that China’s economic and political leverage may be opening doors for its military and intelligence services in Cuba”. US secretary of state Antony Blinken said last year that Chinese spying operations in Cuba were “a serious concern”.
But asked about the CSIS report, a US state department official said the Biden administration believed its “diplomatic outreach has slowed down [China’s] efforts to project and sustain its military power around the world”.
LeoGrande said some in Florida and Washington were keen to create a “Chinese bogeyman in Cuba”. “It serves the interests of conservative Cuban-Americans, who are always looking for reasons not to improve US-Cuban relations, and in the broader policy community it serves the interest of those who think that China is a global threat.”
This story has been amended to clarify that Huawei and Yutong are not owned by the Chinese state.
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
What can Cuba offer? Same problem with Haiti, what can Haiti offer? Not even China seems interested in paying peanuts for them (The way they are buying Nicaragua and Venezuela)
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
The economic model and decisions of Cuba is a terrible idea and could never work. To show you how confident we are in this, we will engineer the harshest economic hit job and we will sanction the sh out of them, and every other country that tries something similar. Respectfully, the US and its lackeys
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
However, this is an incomplete picture. Cuba has essentially no market economy whatsoever. All evidence throughout history shows this is economic suicide and is undoubtedly an even larger cause of their issues. It's so bad that in the FT this week (https://www.ft.com/content/9ca0a495-d5d9-4cc5-acf5-43f42a912...) this incredible line is written:
"Chinese officials have been perplexed and frustrated at the Cuban leadership’s unwillingness to decisively implement a market-oriented reform programme despite the glaring dysfunction of the status quo, the people said."
That's the CHINESE (Marxist at least in name) government lamenting the lack of Cuban adoption of market principles.
Further, the article makes quite clear that the US Embargo, for whatever it is worth, doesn't extend to the entire world (which should be obvious) noting very specific relations with multiple major Chinese companies. So even though Cuba is clearly able to trade with the second largest economy in the world (with giant enterpries like Huawei and ZTE), with a population of greater than 1B, they are still somehow completely incapable of operating a function al economy.
What's more, a cursory understanding of Cuban history should show that they are avowedly enemies of the US having once attempted to host nuclear missiles aimed at the US. What is the US to do? Actively support a regime which has threatened tens of millions of its people?
https://www.dropsitenews.com/p/where-to-watch-the-debateand-... Sanctions on Cuba have strangled their economy and spread misery among the population. https://news.un.org/en/story/2023/11/1143112 US is almost alone in spearheading the embargo.
Undoubtedly the US embargo and its extension of potential sanctions to foreign entities which violate are in part causes of a weak economy. However, this is an incomplete picture. Cuba has essentially no market economy whatsoever. All evidence throughout history shows this is economic suicide and is undoubtedly an even larger cause of their issues. It's so bad that in the FT this week ( https://www.ft.com/content/9ca…
Earlier quoted context omitted.
Undoubtedly the US embargo and its extension of potential sanctions to foreign entities which violate are in part causes of a weak economy. However, this is an incomplete picture. Cuba has essentially no market economy whatsoever. All evidence throughout history shows this is economic suicide and is undoubtedly an even larger cause of their issues. It's so bad that in the FT this week ( https://www.ft.com/content/9ca…
If Cuba is our ally, they're not going to be China's ally. See Vietnam, which we also had some rocky relations with. It's too late to change things with Cuba now though, Obama tried and failed, so Cuba will be in eternal decline until another revolution.
It's like suggesting Venezuela allying with the US.