Cuba plunges into darkness as power grid collapses again
Cuba faced another nationwide blackout after its electricity grid failed, deepening an energy crisis tied to fuel shortages and U.S. sanctions....
Long queues stretched across La Paz on Friday as fuel shortages and soaring prices of essential goods fueled growing public frustration.
From the early hours, residents lined up outside supermarkets, scrambling to buy necessities at rising prices, while the deepening fuel crisis further strained daily life in the capital.
The shortages stem from a prolonged economic downturn driven by declining foreign currency reserves and a steady drop in domestic gas production. With pressure mounting on President Luis Arce’s government, officials have introduced subsidies to control price hikes and recently allowed state energy company YPFB to use cryptocurrency for fuel imports in a bid to ease supply disruptions.
Despite the worsening crisis, Arce dismissed claims that Bolivia is on the brink of bankruptcy. “They say our country is bankrupt, but Bolivia is not bankrupt. Our economy continues to generate public investment and redistribute income among Bolivians,” he said at a press conference.
The president also rejected speculation about his resignation. “We’ve heard rumors that I will step down. In this very Casa Grande (the presidential residence), we have faced blockades, marches, smear campaigns, even coup attempts—and we remain committed to fulfilling the people’s mandate,” he declared.
Yet discontent among citizens is growing. Local resident Pamela Quisbert described the struggle of waiting in long lines for basic goods. “We have to queue from 4 a.m. just to buy cooking oil, rice, and fuel. People sleep on the streets to secure a spot. Is this normal? This is what socialism has brought us—just like in Cuba and Venezuela, where people suffer in endless lines,” she said.
The crisis is also affecting daily routines. Schools and universities have reported lower attendance as the government promotes remote work and virtual classes. Drone footage has captured miles-long lines at fuel stations, with some displaying signs reading “No fuel available.”
Rolando Quispe, another resident, voiced his frustration while waiting in line. “My five-year-old son has been with me in this queue since yesterday. The situation is alarming and frustrating. I hope things improve, but honestly, it seems like they will only get worse,” he said.
As economic pressures mount, the government is scrambling to stabilize the situation. But for many Bolivians, the reality remains the same—long queues, growing uncertainty, and an increasingly fragile economic outlook.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Apple Pay has launched in Kyrgyzstan and Tajikistan, expanding digital payment services across Central Asia and supporting the region's shift towards cashless transactions.
Cuba faced another nationwide blackout after its electricity grid failed, deepening an energy crisis tied to fuel shortages and U.S. sanctions.
The Japanese yen strengthened on Monday after Japan and the United States confirmed a rare coordinated currency intervention to halt the currency's slide following weeks of pressure.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 3rd of August, covering the latest developments.
Oil prices fell sharply on Monday after U.S. President Donald Trump said talks with Iran would begin later in the day, raising hopes of easing tensions in the Middle East, while OPEC+ agreed to increase oil production for a sixth consecutive month, adding to expectations of improved global supply.
At least eight people were killed in overnight Ukrainian drone strikes across Russia, regional officials said, as Kyiv expanded attacks on infrastructure.
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