Cuba's economy collapses, prices soar

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.

May 3, 2026 - 19:36
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Cuba's economy collapses, prices soar
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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Oganews As a passionate news reporter, I am fueled by an insatiable curiosity and an unwavering commitment to truth. With a keen eye for detail and a relentless pursuit of stories, I strive to deliver timely and accurate information that empowers and engages readers.