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William Leo Grand

๐Ÿ‘ค Speaker
16 total appearances

Appearances Over Time

Podcast Appearances

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

Well, the economic situation is really desperate and it's getting worse every day.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

The electricity is out more hours of the day than it's on in most parts of the island.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

Water is out if you live in a multi-story building where the water gets pumped up to you on electric pumps.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

And there's not enough food in the stores that people can afford to buy.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

So people are frustrated and angry at the situation.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

And as I say, it's only getting worse since the United States imposed this oil blockade, which is preventing fuel from getting into the country.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

Cuba depends on the import of oil

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

for about 60% of its energy supply.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

So without any imports at all, the economy just can't continue to function.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

One of the problems is that there isn't really any organized opposition in Cuba.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

There's really broad, diffuse discontent with how things are.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

But when people try to organize an opposition, they either end up or being forced into exile.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

And so most of your real leaders of opposition in Cuba today live in Miami or Madrid.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

The reports that we've heard so far about the ongoing negotiations focus really on the Cuban government making economic concessions to both their own private sector and also to the United States.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

One other area that I think we're going to hear more about is the ability of Cuban Americans to invest directly in Cuba and own some of these small businesses.

Morning Wire
Hormuz Tensions Spike & Cuba Crisis Deepens | 3.16.26

That's something the Cuban community abroad has been asking for for a long time, and the government has been reluctant to allow that.