(NAMC) - After having a strangle hold on Cuba for nearly a half-century, Fidel Castro is on his way out via a retirement announcement. Castro has kept Cuba out fo the world economic loop for decades and now with this changing of the guard and the true global business environment that we are in today, Cuba will finally have an opportunity to catch up to the rest of the world.
Although this is blockbuster news the reaction from Miami to New York is a far cry from the rumors of his possible death. Although his retirement is the prelude to major change for Cuba, the reality is that his 76 year old brother Raul is set in stone to take his place. So the change may or may not be that great.
U.S. based companies have been sitting on the sidelines for some time waiting for an opportunity to do business with Cuba. This could be a good time for change without Castro losing face in his eyes but only time will tell.
The coming weeks should prove to be very interesting and may not meet the expections of the rest of the world.
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