Showing posts with label Cuba. Show all posts
Showing posts with label Cuba. Show all posts

Thursday, November 03, 2011

Free Market Reform in Cuba

NPR reports:
Cuba announced Thursday it is allowing the purchase and sale of real estate for the first time since the early days of the revolution, the most important reform yet in a series of free-market changes ushered in by President Raul Castro.

The law, which takes effect Nov. 10, applies to citizens and permanent residents only, according to a red-letter headline on the front page of Thursday's Communist Party daily Granma.
This video provides a clear picture of the living standard in Cuba prior to these new "free-market changes." You won't be surprised.