
Loading summary
A
It's Thursday, the 12th of February. Welcome to the PDB Afternoon Bulletin. I'm Mike Baker, your eyes and ears on the world stage. All right, let's get briefed. First up, Cuba is running out of fuel. Airlines can't refuel, blackouts are spreading, and analysts warn the island could go dark by April. The government says it won't bend, but the country itself may be nearing collapse. I'll have the details later in the show. An update on that airspace shutdown over El Paso. Authorities are now disputing what actually caused Tuesday's disruption. But first, today's afternoon spotlight. We've been tracking the escalating pressure campaign on Cuba's oil supplies for weeks now, and today we're beginning to see what that actually looks like on the ground. According to new reporting from the Wall Street Journal, the oil blockade appears to be grinding the country to a halt. Fuel is running out. Flights are being canceled. Hotels and businesses are closing. Workers are being furloughed, and large portions of Havana are sitting in the dark. The Journal reports that Cuba's last major oil shipment arrived on January 9. Since then, deliveries have slowed to a trickle. As you know, Venezuela's support evaporated after the US Operation that removed Nicolas Maduro from power. Mexico has halted shipments under US Pressure, and now it appears the island is running on fumes. The fallout has reached every sector of the country's economy. Public transportation has been curtailed. Government offices are sending employees home. Schools are cutting hours. Blackouts are worsening. One Cuban energy analyst told reporters that if fresh supplies don't arrive soon, the country could effectively run out of oil by April. Russia, which is, of course, one of Havana's closest partners, has described the situation as, quote, truly critical. Now, Cuban authorities have warned international airlines that they can no longer guarantee jet fuel on the island. In practical terms, that means carriers either suspend service or refuel elsewhere. In the coming days, Rossiya, which is Russia's state airline, will operate several outbound only flights from from Cuba to Moscow in order to return stranded Russian tourists home before halting service. Air Canada announced this week that it's suspending service altogether. Now tourism is one of the Cuban government's last reliable sources of hard currency. If planes can't refuel, well, tourists don't arrive. If tourists don't arrive, hotels, restaurants and retail businesses shut down. In the face of this reality, Cuban President Miguel d' Escanil insists the country will endure and historically and the regime has shown a remarkable ability to survive under pressure. But things on the streets are beginning to look grim for the average Cuban citizen. And it's somewhat difficult for a government to survive if it can't provide electricity, water and other basic essentials to its population. People do tend to lose patience. Iran is a recent comparable case study. The Wall Street Journal details scenes of empty roads in Havana, shuttered businesses and furloughed workers receiving only partial payments. Basic goods are becoming increasingly unaffordable. Analysts warn that if oil does not begin flowing again, the island could face its most severe energy and economic collapse in decades. Now, for those folks who are trying to draw parallels to Venezuela, meaning could Cuba's situation result in a rapid change of direction for the government, a pivot perhaps from communism to something resembling a move toward democracy? Well, you're talking about apples and oranges. One is not like the other. There is no defined opposition in Cuba, no one or no group to replace the current leadership, no recent history of democracy or elections or freedoms. Cuba's security apparatus and intel service, well, they're omnipresent. They've got a grip on every aspect of life. The Cuban government can be pressured, sanctioned, squeezed to the edge. But orchestrating a transition to something that's good for the Cuban people is a complex, messy proposition. Coming up next, the story behind Tuesday's El Paso airspace shutdown is getting murkier, with authorities now challenging the initial explanation. I'll be right back. Hey, Mike Baker here. Let me take just a moment of time to talk about personal finances and the importance of diversifying your assets. So here's the question. Do you own physical gold? Look, in today's world with its ups and downs and general instability, owning gold is something that everyone should consider. And here's a top tip. Acre Gold makes it simple. That's Acre a C R E. With Acre Gold, you pick a plan that fits your budget, you make monthly payments, and when you've accumulated enough, they ship you a beautifully designed 24 karat Swiss gold bar. Look, gold is up 70% year over year, and central banks are still buying at record levels. The reality is smart money has been moving into hard assets for a reason. Acre Gold makes investing and owning gold easier than ever. And let me just point this out, too. Once you hold a physical asset like gold in your hand, well, you understand the difference between owning something real, something physical, as compared to investments that are, well, just numbers on a screen. And right now, the folks at Acre Gold are giving away two 5 gram ancient collection gold bars. You can enter for free for a chance to win the gold bars and also to subscribe to gold. And@getacregold.com PDB Again, that's getacregold.com PDB Mike Baker here. Now, if you're like me, you've probably tried and tossed out a number of wallets in the past, right? They're, they're either they don't hold up or they, they don't hold enough or, or they hold too much. You know, I'm talking about. They're one of those big leather brick wallets. It's overstuffed, it's falling apart, and it's uncomfortable sitting in your back pocket. Well, then I switched to Ridge. That's Ridge R I D G E. Their slim modern wallets hold up to 12 cards plus cash in case anybody still carries cash. Crafted from premium materials like aluminum, titanium and carbon fiber. And They've got over 50 styles to choose from. Every wallet includes RFID blocking protection and that is very important. And a lifetime warranty. It's seriously the last wallet you'll need to buy. Add the airtag attachment and you'll never lose it. Plus, Ridge makes premium everyday carry gear with free shipping and a 99 day risk free trial on everything they sell for a limited time. Our PDB listeners get 10% off at Ridge by using code PDB at checkout. Just head on over to ridge.com and use code PDB and you're all set. After your purchase, they'll ask you where you heard about them. Do me a favor, tell them the PDB sent you. Welcome back to the PDB Afternoon Bulletin. I want to provide a follow up to the story we discussed yesterday about the sudden airspace shutdown over El Paso. At the time, we were told that cartel drones forced the Federal Aviation Administration to ground flights. Now that explanation is being disputed as new details suggest something different may have triggered the closure. As we reported yesterday, the FAA issued an emergency temporary flight restriction over El Paso International Airport and nearby Santa Teresa, New Mexico late Tuesday night. The restriction applied to a roughly 10 nautical mile radius. Commercial jets, cargo flights, private aviation. Everything was halted and the initial closure was reportedly going to last for 10 days. The notice from the Trump administration cited, quote, special security reasons and warned that the federal government, quote, may use deadly force against aircraft determined to pose an immediate security threat. Initially, the restriction was set to last for 10 days. As we discussed. That's not routine language and the 10 day shutdown over a major American airport is no small decision. But then, almost as quickly as it appeared, well, it was gone less than eight hours later. The order was reversed. By early Wednesday Morning flights were moving again. The Trump administration's explanation was direct. Mexican cartel drones breached US Airspace, and the Department of War moved to neutralize the threat. Now, in the context of what we've been seeing along the southern border, that explanation did not sound implausible. Cartels have used drones for years, obviously primarily inside of Mexico for surveillance, to monitor smuggling routes, and in some cases, to carry out attacks against rivals. Border Patrol agents regularly report drone sightings near crossing corridors. And El Paso is not just any airport. It's. It sits directly across from Ciudad Juarez and within minutes of Fort Bliss. That's a major army installation that supports transport operations and air defense training and rapid deployment forces. So when unidentified aerial activity shows up in that airspace, it's not just about delayed commercial flights, of course. It's about proximity to sensitive military infrastructure. But here's where the story begins to shift. Local officials say the shutdown came with little warning. The mayor of El Paso said city leaders were not properly briefed and called the lack of coordination unacceptable. The ripple effects were immediate. Medical evacuation flights were forced to divert to Las Cruces, N.M. and Republican senators Ted Cruz and John Cornyn have since requested a classified briefing from the FAA and the Department of War. And the questions are piling up. If this was a drone incursion, something border officials have dealt with for years, why did it trigger such a sweeping 10 day airspace restriction? And why was it reversed in less than eight hours? That's where the new reporting adds a different layer. Multiple individuals briefed on the situation say the closure may not have been triggered solely by a cartel drone breaching American airspace. Instead, it may have stemmed from the deployment of an anti drone laser system in the area without sufficient coordination with aviation authorities. According to those accounts, Customs and Border Protection officials, CBP used an anti drone laser shared by the Department of War earlier in the week. FAA officials had not yet completed a safety assessment of how that system might affect nearby commercial aircraft and warned the Pentagon that without adequate review time, they would have no choice but to shut down surrounding airspace if the system was activated near flight paths. Individuals briefed on the situation say CBB personnel believe they were targeting a cartel drone, but it was later determined to be a party balloon. Now, no words yet on what kind of party balloon. Personally, I'm hoping it was one of those balloons in the shape of a cartoon character, maybe Underdog or Mighty Mouse. So the point being, the shutdown may not have been the FAA reacting in real time to cartel drones. It may have been the FAA responding to the sudden activation of counter drone technology near a major airport before the safety review was complete. That would explain both the extremes, the 10 day restriction and the rapid reversal. But what isn't clear is how various federal and state government organizations were unable to coordinate something as important as US Airspace security protocols. We'll keep an eye on this and provide further updates as warranted. And that, my friends, is the PDB Afternoon bulletin for Thursday, 12 February. Now if you have any questions or comments, please reach out to me at PDB the first tv.com and to listen to the show ad free. Well, you can do that. It's very simple. Just become a premium member of the President's Daily brief by visiting PDB premium.com I'm Mike Baker and I'll be back tomorrow. Until then, stay informed, stay safe, stay cool. Foreign. Baker here. Let me take just a moment to talk about personal finances and reaching your financial goals. So let's be honest. For many folks right now, it can seem like the math just isn't adding up. You know what I'm talking about. Between grocery store bills and utility bills, gas bills, skyrocketing insurance premiums, it can be tough to make ends meet. Even with a steady job, more and more families are being forced to rely on high interest credit cards just to cover expenses. So if you're a homeowner caught in that cycle carrying balances with interest rates in the 20s or even 30s, it's time to get some relief. The folks at American Financing are helping homeowners pay off that high interest debt at rates in the low fives. Their salary based mortgage consultants build exit strategies to help you get out from that debt. On average, they're saving their customers $800 a month. Plus if you start today, you may even delay the next two mortgage payments. There are no upfront fees. Just to find out how much you can save America's home for home loans is American financing the number 866-885-1881? Again, that's 866-885-1881. Or just visit American Financing Net PDB.
Episode Date: February 12, 2026
Host: Mike Baker
Episode Theme:
A focused, analytical update on two urgent headlines: Cuba’s growing fuel crisis and looming collapse and the ongoing investigation into the airspace shutdown over El Paso. Host Mike Baker dissects fast-moving developments, explores their implications, and provides expert-driven context.
(00:14–07:40)
On-the-Ground Impacts:
Tourism Collapse:
Economic and Societal Consequences:
Quote, Mike Baker:
“It’s somewhat difficult for a government to survive if it can’t provide electricity, water and other basic essentials to its population. People do tend to lose patience.” (05:50)
(13:57–20:26)
Initial Reporting:
Unusual Protocols:
Raising Questions:
Emerging Alternative Explanation:
Implications:
Quote, Mike Baker:
“The shutdown may not have been the FAA reacting in real time to cartel drones. It may have been the FAA responding to the sudden activation of counter-drone technology near a major airport before the safety review was complete.” (19:07)