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This is a timeline of Cuban history, comprising important legal and territorial changes and political events in Cuba and its predecessor states. To read about the background to these events, see History of Cuba .
After 1971, Cuba entered its "grey years:, which are a loosely defined period in Cuban history, generally agreed to have started with the Padilla affair in 1971. [173] The "grey years" are often associated with the tenure of Luis Pavón Tamayo ( de ) as the head of Cuba's National Cultural Council (" Consejo Nacional de Cuba ", or CNC) from ...
[42] Cuba and the Soviet Union signed their first trade deal that year, in which Cuba traded sugar to the Soviet Union in exchange for fuel. [39]: 2 On 7 February 1962, Kennedy expanded the United States embargo to cover almost all U.S. imports. By the late 1960s, Cuba became dependent on Soviet economic, political, and military aid.
Cuba's economy demands about 125,000 barrels per day of fuels, including motor gasoline, diesel and fuel oil for electricity generation, according to the most recently available 2021 data from its ...
The largest immediate impact was the loss of nearly all of the petroleum imports from the Soviet Union; [9] Cuba's oil imports dropped to 10% of pre-1990 amounts. [ 10 ] [ better source needed ] Before this, Cuba had been re-exporting any Soviet petroleum it did not consume to other nations for profit, meaning that petroleum had been Cuba's ...
Cuba's GDP plummeted 34% and trade between the nations apart from the Council of Mutual Economic Assistance (CMEA) declined by 56%. [93] Between 1989 and 1992 (the Special Period), the termination of trade partnerships with the Soviet bloc caused the total value of Cuba's exports to fall by 61% and imports to drop by approximately 72%. [94]
Amid economic and political turmoil, Cuba has received at least $322 million worth of oil from Russia since the start of the war in Ukraine as authorities struggle to offset diminished shipments ...
From 1985 to 1989, 74.4% of all Cuban exports were sugar and related products. [13] The Cuban economy was highly dependent on sugar, which rendered the country's economy vulnerable to price fluctuations in the world market. [13] Following the surge in world prices, sugar production fell from 7.3 million tons in 1989 to 4.1 million tons in 1993 ...