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The Pescadero Perspective

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world France 24 En 2026-05-03

Cuba Faces Deep Economic Collapse as Prices Skyrocket

Cuba is experiencing a severe economic and energy crisis, with many comparing it unfavorably to the "Special Period" of the 1990s. Daily life has become increasingly difficult, and essential goods are scarce due to the country's high reliance on food imports.


Many Cubans who lived through the Special Period of the 1990s, when Soviet support collapsed, say the current crisis is even worse. Cuba is facing a deep economic and energy emergency, with daily life becoming increasingly difficult across the island. Because Cuba imports up to 80% of the food it consumes, essential goods are becoming harder and harder to find. Gabrielle Nadler reports.

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