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Russia Points Finger at U.S. as Cuba’s Fuel Crisis Escalates

Tricycle cabs wait for their turn to pick up clients as Cubans brace for fuel scarcity measures in Havana. Cuba is grappling with a severe fuel shortage that has disrupted transportation, strained public services, and forced the government to tighten rationing measures. The Kremlin has described the situation as “critical,” arguing that U.S. sanctions are largely to blame for the island’s deepening energy emergency. Russian officials claim Washington’s long‑standing restrictions are designed to “suffocate” Cuba by limiting its access to fuel imports and financial channels. Moscow says it remains in close contact with Havana and is exploring ways to support its ally as the crisis intensifies. Meanwhile, Cuban authorities warn that the coming weeks may bring further disruptions as supplies continue to dwindle.
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Canada's Unemployment Rate Hits 6.8% in November: Highest Since January 2017

Canada's unemployment rate surged to 6.8% in November, reaching its highest level since January 2017, excluding the COVID-19 pandemic period. This increase comes despite the addition of 51,000 jobs during the month.

Statistics Canada's November labour force survey revealed that the rise in unemployment was driven by a growing number of people entering the job market, which outpaced job creation. The labour force participation rate increased by 0.3 percentage points.

Economists are closely watching these developments as the Bank of Canada prepares for its upcoming interest rate decision. With high interest rates cooling the labour market over the past year, many unemployed Canadians have faced longer periods without work.

The report also highlighted that 46.3% of unemployed Canadians in November had not worked in the last year or had never worked, up from 39.5% a year ago. Meanwhile, average hourly wages were up 4.1% from a year ago, marking a slowdown in annual wage growth.

As the country grapples with these economic challenges, the Bank of Canada's decision on interest rates will be crucial in shaping the future of the job market.



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