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Tag: capitalism

For the sake of American investment, end the Cuban Embargo

Unless Uncle Sam is content sitting idly as foreign banks shape the future of a nation only 90 miles from American soil, it’s time for the Obama administration to put down the Bacardi and lift the Cuban Embargo. Since President Raúl Castro took the reins from his brother Fidel in 2008, the Cuban government has gradually loosened its grip on the island’s crumbling economy. The latest move toward reform came at the end of last month, when Cuba’s National Assembly passed a transformative foreign investment law aimed at boosting sluggish GDP growth.  Under the new legislation, the details of which…