"As politically charged as Mr. Obama’s new stance may be in the United States, the sweeping changes he outlined on Wednesday will have a much more profound impact on Cuba — where isolation by the United States has fundamentally shaped the island’s economy, its politics and even its sense of national identity.
For decades, the American embargo of Cuba has been the political sword and shield of the Castros, held responsible for stifling their nation’s development, depriving their people of the most basic needs, and justifying their tight control over all aspects of society.
Now their powerful rival is promising significant expansions in travel, exports and remittances to Cuba, the biggest erosion of the embargo since it was imposed more than 50 years ago.
Experts say it will bring a flood of new money to the island, potentially injecting new life into the economy and, coupled with restored diplomatic ties, transforming relations between the two countries in ways not seen since a bearded rebel named Fidel came down from the Cuban mountains.
http://www.nytimes.com/2014/12/18/world/as-havana-celebrates-historic-shift-economic-and-political-hopes-rise.html?hp&action=click&pgtype=Homepage&module=b-lede-package-region®ion=top-news&WT.nav=top-news
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