International
A third total blackout in Cuba in three days thwarts attempts to recover the service
The third total blackout of Cuba’s National Electric System (SEN) in less than 72 hours has once again frustrated this Sunday attempts to restore a basic service that collapsed three days ago after weeks of exacerbation of an energy crisis that has been brewing for years.
“At this moment, steps are being taken to restore the connection,” Félix Estrada, director of the national cargo office of the company Unión Eléctrica, told state television.
The manager of the state company explained that a strategy is currently being followed to reorganize the country’s electricity generating units by regions and then carry out their start-up.
He said that the objective is to restore the SEN connection in the shortest possible time to gradually restore the service of the approximately ten million inhabitants of the island.
Cause of the third blackout in Cuba
He recalled that the cause of this third blackout occurred due to a “transmission failure” when it had been possible to connect in the same subsystem to Mariel (west) and Holguín (east), separated by more than 600 kilometers.
The first total fall of the system that left the country in “zero national energy coverage” was recorded last Friday, after an “unforeseen” exit from operations of the Guiteras thermoelectric plant, considered key to the stability of the SEN.
This Saturday, the actions carried out to re-energize and recover the SEN failed again, which caused the second total disconnection, and in the last hours of that day the subsystem that had been created in the western half of the island collapsed, so the work had to start again.
The Minister of Energy and Mines, Vicente de la O Levy, acknowledged this Sunday in an appearance that the situation in the electricity system is “very tense.”
Precarious state
But he said that the Government aspires for the SEN to recover within two days the state it had before the first massive blackout and that consequently most consumers will have light again “tomorrow Monday” and that “the last customer may perhaps be receiving (current) next Tuesday.”
The SEN is in a very precarious state due to the shortage of fuel – the result of the lack of foreign exchange to import it – and the frequent breakdowns in obsolete thermoelectric plants, with four decades of operation and chronic lack of investments.
Stocks have been common for years but the situation has worsened in recent weeks. In recent days, days have been recorded with maximum affectation rates of more than 50%, that is, moments when half of the country was simultaneously without electricity.
Affected economy
The frequent blackouts damage the Cuban economy – which in 2023 contracted by 1.9% and boost social discontent in a society affected by an aggravated economic crisis in recent years.
They have also been the trigger for anti-government protests, including those of July 11, 2021 – the largest in decades – those in Nuevitas and Havana in August and September 2022, and those of last March 17 in Santiago de Cuba (east) and other locations.
The last time a similar situation of “zero production” occurred was in September 2022, after the passage of Hurricane Ian with category three through the extreme east of the island. This caused a serious mismatch and the recovery took days.
International
US panel backs Trump-themed coin amid controversy
The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.
According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.
The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.
“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.
However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.
“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.
When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.
International
Fed’s Waller warns of rising inflation risks amid Middle East conflict
Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.
Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.
“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.
“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.
Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.
International
Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint
The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.
In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.
“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.
Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.
The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.
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