Cuba Is Hoping To Replace Venezuelan Oil With American Tourists

Only very fast growth in Cuba’s two other major dollar-earners — tourism and remittances — could possibly compensate for a loss of Venezuelan oil. Only a dramatic opening to the U.S. could prevent a full-scale social and political crisis that could imperil the government’s stability. Raul Castro is a calculating politician, and detente with the U.S. is a move calculated to help his regime survive. More…