Cuba’s economy, already in a deep crisis, will likely spiral ever
AVANA — The ripple effects from the capture of Venezuelan leader Nicolás Maduro on Saturday could make their way quickly here, devastating this island that has been in a years long economic crisis.
Following the dramatic operation that ousted Maduro in the dead of night, President Donald Trump suggested Cuba’s government will fall, something reiterated by Secretary of State Marco Rubio and Sen. Lindsey Graham, R-S.C.
Since the rise of Hugo Chavez in Venezuela in 1999, Cuba has depended heavily on Venezuela for subsidized oil in exchange for Cuban medical professionals, military advisers, security forces and others. Without Venezuelan oil, Cuba’s economy, which is already in a deep crisis, will likely spiral even further.