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Cuba Eyes Economic Gain With Thaw In U.S. Relations

Published April 13, 2015 at 1:33 PM EDT
Cuba's President Raul Castro speaks during a meeting with U.S. President Barack Obama on the sidelines of the Summit of the Americas at the ATLAPA Convention center on April 11, 2015 in Panama City. (Mandel Ngan/AFP/Getty Images)
Cuba's President Raul Castro speaks during a meeting with U.S. President Barack Obama on the sidelines of the Summit of the Americas at the ATLAPA Convention center on April 11, 2015 in Panama City. (Mandel Ngan/AFP/Getty Images)

U.S. President Barack Obama and Cuban leader Raul Castro made history this weekend when they sat down together in Panama.

The men were attending the Summit of the Americas. It was the first time the United States attended the summit since it began in the 1990s.

Obama stressed the economic benefits that thawed U.S.-Cuban relations would bring to both countries, but the president did not announce that Cuba would be removed from the U.S. State Sponsors of Terrorism list.

Cardiff Garcia of the Financial Times joins Here & Now’s Robin Young to discuss what restored U.S.-Cuban relations would mean for the economy.

Guest

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Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

Donate