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LatinNews Regional Monitor: Caribbean & Central America - 28 April 2017
CUBA: Reaching out
Cuba is living under a cloud of uncertainty. On the political front, the succession plans for President Raúl Castro in 2018 remain under lock and key. On the economic front, the roiling crisis in Venezuela is having a sharp effect on Cuba, obliging belt tightening and returning the tentative reform process to the freezer. On the external front, there is no clear idea of future US policy towards Cuba, which risks cooling investor sentiment towards the island. As a result, and despite a continuing tourism boom, economy forecasts are subdued for a second year running.
