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Thursday, Sep 23, 2021
Outlook.com

The Buena Vista Club

After nearly nine decades, a US president touches base in Cuba and raises hopes

The Buena Vista Club
On The Ball | Photo by AP
The Buena Vista Club
outlookindia.com
2016-03-25T19:14:28+05:30

Reasons For Thaw

USA

  • Rising domestic opinion is for good US-Cuba relations
  • Most Latin American countries and the international community opposed to isolation of Cuba
  • Economic opportunities for American business in Cuba
  • Engagement rather than isolation may help democratise Cuba and let Obama leave behind a legacy

Cuba

  • Aging population no longer has the vigour to fight the US
  • Decades of isolation cost Cuba over $1 trillion in revenue
  • Rising foreign debt it to open up to private & foreign investment
  • Old political structure crumbling and so gradual political reforms and engagement with US is needed

***

Whichever way one looks at it there is no denying that on Sunday, March 20, when US President Barack Obama, accompanied by wife Michelle and their two daughters, alighted from Air Force One on the rain-soaked Havana...

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