Feb 17 • 11:23 UTC 🇲🇽 Mexico El Financiero (ES)

Cuba and the Strategic Myopia of Mexico

The article discusses the current economic and political challenges facing Cuba, highlighting the impact of renewed pressures from the U.S. and the implications for its resilience as a regime.

The article by El Financiero addresses the long-standing narrative of Cuba as a resilient regime amidst persistent challenges. It emphasizes that, despite over sixty years of predictions regarding the collapse of the Cuban government, the current situation on the island provides a complex picture that resists simple explanations. Economic pressures, especially from the U.S., alongside ongoing energy crises, declining tourism revenues, and structural issues within the centralized economic model, have created tangible daily tensions for the Cuban regime.

Further details reveal that the Cuban economy heavily relies on tourism and remittances, with the tourism sector serving as a critical source of foreign currency prior to the pandemic. The recovery of this sector has been weak post-pandemic, exacerbating existing vulnerabilities. Key issues like fuel shortages, frequent power outages, financial restrictions, and limited investment capacity have led to a decline in the competitiveness of Cuba as a tourist destination, complicating its recovery efforts.

In conclusion, the article argues that it is essential to distinguish between political rhetoric and the actual economic data showing the precarious state of Cuba's economy. It suggests that the current conditions demand a nuanced understanding rather than oversimplified slogans, indicating significant implications for both Cubans and the regional geopolitical landscape, particularly concerning Mexico's relationship with Cuba amidst these unfolding challenges.

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