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U.S.-Cuba Relations: a new beginning or much ado about nothing?
U.S.-Cuba Relations: a new beginning or much ado about nothing?

Former Federal Reserve chairman Alan Greenspan, in a 1996 televised speech, referred to the continued overvaluation of stocks as "irrational exuberance" — an apt expression today in the wake of President Barack Obama's Dec. 17th announcement of a policy to normalize relations with Cuba. It is wishful thinking to believe that the renewal of diplomatic relations with Cuba will lead to removal of the U.S. trade embargo with that nation. Only Congress can suspend the Helms-Burton Act — a law that requires a transition to democracy in Cuba, restitution of confiscated property of U.S. citizens and the absence from power of both Castro brothers. Nevertheless, it is...

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