The China Mail - Cuban regime nears collapse

USD -
AED 3.672503
AFN 62.500526
ALL 81.877471
AMD 368.350301
ANG 1.79046
AOA 918.000407
ARS 1427.253502
AUD 1.39636
AWG 1.8025
AZN 1.711051
BAM 1.679497
BBD 2.014461
BDT 122.772141
BGN 1.66992
BHD 0.376971
BIF 2975
BMD 1
BND 1.277855
BOB 6.911061
BRL 5.040063
BSD 1.000146
BTN 94.96065
BWP 13.427562
BYN 2.763089
BYR 19600
BZD 2.011576
CAD 1.384145
CDF 2259.999913
CHF 0.786801
CLF 0.022675
CLP 892.440165
CNY 6.76525
CNH 6.76533
COP 3567.27
CRC 454.43226
CUC 1
CUP 26.5
CVE 95.089986
CZK 20.875899
DJF 177.720349
DKK 6.42581
DOP 57.999672
DZD 132.510087
EGP 52.024403
ERN 15
ETB 158.510446
EUR 0.859803
FJD 2.196898
FKP 0.743127
GBP 0.743105
GEL 2.669957
GGP 0.743127
GHS 11.760115
GIP 0.743127
GMD 72.999957
GNF 8774.999914
GTQ 7.629688
GYD 209.250903
HKD 7.83725
HNL 26.616747
HRK 6.475703
HTG 130.928357
HUF 305.799013
IDR 17883
ILS 2.82165
IMP 0.743127
INR 95.551649
IQD 1310.228161
IRR 1351250.000042
ISK 123.469614
JEP 0.743127
JMD 157.541981
JOD 0.709048
JPY 159.671498
KES 129.4305
KGS 87.450089
KHR 4012.500846
KMF 423.999967
KPW 899.855249
KRW 1515.689942
KWD 0.30918
KYD 0.833459
KZT 489.115781
LAK 21950.000146
LBP 89549.999816
LKR 330.944642
LRD 182.624995
LSL 16.253633
LTL 2.95274
LVL 0.60489
LYD 6.352859
MAD 9.188152
MDL 17.25309
MGA 4205.202188
MKD 52.989271
MMK 2099.46933
MNT 3576.500339
MOP 8.074226
MRU 39.967712
MUR 47.350286
MVR 15.38816
MWK 1734.340316
MXN 17.364202
MYR 3.964799
MZN 63.905016
NAD 16.253424
NGN 1370.550067
NIO 36.804548
NOK 9.277299
NPR 151.937692
NZD 1.686096
OMR 0.384515
PAB 1.000163
PEN 3.400084
PGK 4.370918
PHP 61.850229
PKR 278.431192
PLN 3.6426
PYG 6019.595888
QAR 3.645896
RON 4.510232
RSD 100.929814
RUB 72.002803
RWF 1468.298778
SAR 3.752415
SBD 8.03246
SCR 13.314591
SDG 600.501867
SEK 9.31405
SGD 1.27897
SHP 0.746601
SLE 24.602795
SLL 20969.502105
SOS 571.646931
SRD 37.284499
STD 20697.981008
STN 21.038531
SVC 8.752141
SYP 110.532098
SZL 16.241746
THB 32.645503
TJS 9.231588
TMT 3.5
TND 2.921302
TOP 2.40776
TRY 45.926031
TTD 6.792557
TWD 31.344604
TZS 2610.002994
UAH 44.323946
UGX 3770.619907
UYU 40.154056
UZS 11917.407676
VES 548.68505
VND 26322.5
VUV 118.463821
WST 2.715189
XAF 563.280465
XAG 0.013362
XAU 0.000223
XCD 2.70255
XCG 1.802616
XDR 0.699507
XOF 563.287721
XPF 102.411734
YER 238.596899
ZAR 16.315298
ZMK 9001.197786
ZMW 18.178461
ZWL 321.999592
  • CMSD

    -0.1300

    22.8

    -0.57%

  • CMSC

    0.0300

    22.77

    +0.13%

  • BTI

    -0.7900

    61

    -1.3%

  • RBGPF

    -1.5000

    61.5

    -2.44%

  • NGG

    -1.5300

    80

    -1.91%

  • RYCEF

    -1.1200

    16.88

    -6.64%

  • BCE

    -0.0500

    25.06

    -0.2%

  • BP

    1.0700

    42.94

    +2.49%

  • RIO

    2.5700

    108.96

    +2.36%

  • GSK

    -1.2300

    49.31

    -2.49%

  • VOD

    0.0100

    14.97

    +0.07%

  • RELX

    1.8100

    34.6

    +5.23%

  • BCC

    -1.1700

    68.33

    -1.71%

  • JRI

    -0.2600

    12.66

    -2.05%

  • AZN

    -5.9600

    179.71

    -3.32%


Cuban regime nears collapse




The communist regime founded by Fidel Castro and later inherited by his brother Raúl Castro is facing its worst legitimacy crisis in decades. The government of President Miguel Díaz‑Canel, who succeeded the Castro brothers, is under intense pressure from economic collapse, widening black‑outs and international isolation. For the first time since the 1959 revolution, senior Cuban officials have been drawn into secret talks that many interpret as negotiations for a managed surrender.

Fuel shortages and humanitarian collapse
In recent months, the United States has tightened its embargo on Cuba by interdicting shipments of Venezuelan crude oil, the island’s main fuel source. The action has crippled Cuba’s ageing power grid. In mid‑March, the national electrical system collapsed, leaving more than ten million people without power and forcing rationing and rolling blackouts. Without diesel for generators or petrol for transport, food prices have spiked and buses have stopped running. Even Cuba’s allies have sounded the alarm. UN Secretary‑General António Guterres warned that continued disruption of oil supplies could lead to a humanitarian “collapse” on the island. Mexico promised emergency shipments, but fears of U.S. tariffs have limited how much oil can actually be delivered. The United Nations reports that fuel shortages have forced hospitals to prioritise surgeries and that chronic medication shortages are reaching crisis levels.

Secret talks and political manoeuvring
Against this backdrop of scarcity, multiple sources report that the Díaz‑Canel government has quietly opened channels to Washington. In a press conference on 13 March 2026, Díaz‑Canel acknowledged for the first time that “processes of this nature require discretion” and said dialogue was taking place, though he refused to provide details. According to investigative reports, advisers to the U.S. Secretary of State have held informal meetings with Raúl Castro’s grandson, Raúl Guillermo Rodríguez Castro (“Raulito”). The United States is reportedly pressing for Díaz‑Canel’s removal but wants to avoid a chaotic collapse. Cuba has responded with gestures meant to curry favour: it recently freed 51 political prisoners, announced it will allow Cuban‑Americans to invest in businesses on the island and has lifted restrictions preventing foreign residents from owning private enterprises.

Yet Cuban authorities publicly deny that leadership succession is part of the negotiations. Deputy Foreign Minister Carlos Fernández de Cossio told reporters that Cuba’s political system is not up for negotiation. He characterised the U.S. pressure campaign as a “take Cuba” strategy and insisted that the country’s sovereignty will not be traded away. Such statements have not quelled speculation. Analysts believe that if Díaz‑Canel resigns in exchange for relief from sanctions and guarantees for the Castro family’s safety, power could pass to younger technocrats or a transitional council.

Public anger and calls for change
On the streets, patience is running out. Long queues for bread and sporadic electricity have eroded whatever legitimacy the revolutionary government still possesses. Many Cubans complain that after more than sixty years, the revolutionary rhetoric has produced little beyond a hereditary elite—a common criticism voiced by citizens and diaspora commentators. They argue that the Castro family, despite claiming to have built an egalitarian society, has effectively become a dynastic monarchy. Commenters on social media observe that while the government blames external enemies, ordinary people bear the brunt of shortages and crumbling infrastructure. Some express hope that the island could soon open to the world and that Cubans abroad will be able to return and rebuild a free country.

These sentiments find echo in protests. Over the past year, small but persistent demonstrations have erupted in Havana, Santiago and smaller towns, with slogans calling for “Libertad” and demanding an end to power cuts. Security forces have arrested dozens, but cracks are showing. Reports suggest that even within the ruling party there is discontent over the handling of the crisis. Younger officials complain that the leadership is out of touch and that the revolution has degenerated into bureaucratic stagnation. Rumours that a negotiated transition could avert a violent upheaval have gained currency.

A fragile transition
Whether the Castro regime will agree to surrender power peacefully remains uncertain. The humanitarian situation is dire, and regional actors such as Mexico and the United Nations are pushing for a resolution to prevent mass migration or state collapse. The United States insists that any easing of sanctions will be contingent on political liberalisation and free elections. Sources close to the talks claim that the parties are discussing a timetable for constitutional reforms, the integration of opposition figures and guarantees for members of the security services, but no agreement has been finalised. For now, Cuba teeters on the precipice between reform and breakdown. The coming months will test whether the revolutionary regime founded by Fidel Castro can orchestrate a controlled handover or whether the island’s deepening crises will force a more chaotic denouement.