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what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. Cuba’s electrical grid shut down on Friday, plunging the whole country into a blackout after one ofthe island’smajor power plants failed, according to its energy ministry.

In a statement on X, the ministry said “the failure” of the Antonio Guiteras Power Plant caused “the total disconnection of the National Electrical System” from 11 a.m. ET on Friday.

In Havana, motorists on Friday tried to navigate the city where no street lights appeared to be working and only a handful of police were directing traffic. Generators are a luxury for most Cubans and only a few could be heard running in the city.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The country’s health minister, José Angel Portal Miranda, said on X that the country’s health facilities were running on generators and health workers continued to provide vital services.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. This week, Cuba’s increasingly energy-strapped government called for draconian measures to save power, including telling many workers to stay home.

Classes at schools were canceled from Friday through the weekend, nightclubs and recreation centers were ordered closed, and only “indispensable workers” should show up at their jobs, according to a list of energy-saving measures published by the state-run website Cubadebate earlier on Friday.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Millions of people on the communist-run island have been left without power over the last several days as the aging Cuban electrical grid repeatedly collapsed.

Cuban officials blamed a confluence of events from increased US economic sanctions to disruptions caused by recent hurricanes and the impoverished state of the island’s infrastructure.

In a televised address on Thursday, that was delayed because of technical difficulties Cuban Prime Minister Manuel Marrero Cruz said much of the country’s limited production was stopped to avoid completely leaving people without power.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Marrero said fuel shortages had left much of Cuba in the dark but that shipments by boat in the coming days would improve the situation.

On Friday, the US Embassy in Cuba issued a noticeon Xsaying there was “no information on when power will be restored.” It called US citizens in Cuba, or those planning to travel to Cuba, to “take precautions,” including conserving water and food, and keeping mobile phones charged.

Cuba’s energy crisis is not a new problem. The island’s limited infrastructure has not received the maintenance it requires for years and recurring blackouts date back to the 1990s.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The situation was further aggravated in 2022 by a fire at a fuel facility in Matanzas, in the island’s west, which destroyed 40% of the country’s main fuel storage structure.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The Minister of Energy and Mines, Vicente de la O Levy, has warned since March that the conditions of the thermoelectric plants pose challenges for the country, according to statements provided to its state television.

In fact, seven of the eight thermoelectric plants that supply energy to Cuba are broken or under maintenance, according to a statement released this Wednesday by the Cuban Electric Union and the Ministry of Energy and Mines of the island.

what is causing the decline of srf limited (503806) ✌️【Part-Time Recruitment】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. The Cuban Electric Union has also reported that 37 power generation plants are out of service due to lack of fuel. These plants are in the areas of the Mariel, Mariel and Santiago de Cuba.

【 - Free Stock Market Group 】 en Español has requested comments from the Cuban Electric Union, as well as the Cuban government, to find out the number of people affected by the lack of electricity and what measures they are taking to improve the situation and is awaiting a response.

On Monday, Cuban authorities reported the installation of solar energy panels, which they hope will increase the energy generation capacity on the island. But the first of the announced projects – which would produce about 1,000 watts of electricity per hour – will only be ready in two years.

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