Cubans abroad can now own private businesses on the island. Investors should treat this announcement with cautious enthusiasm.

Whoever ends up helping Cuba rebuild its power grid will hold one of the keys to unlocking economic recovery on the island and influence in the Caribbean.

While AMLO was able to get away with little consequence in his support of Cuba, Sheinbaum’s Mexico could pay for it.

Overall, the move toward more liberal measures appears to be too little too late, despite pressures from Vietnamese and Chinese Communist Party representatives in recent years strongly advising that Cuba undergo free market-oriented reforms.

Hundreds of Cuban men have enlisted as mercenaries for Russia ostensibly colluding with Cuba’s leadership. With most of the population mired in poverty and the average monthly salary of just USD 17 per month, they are willing to risk their lives by signing a one year contract for a bonus of USD 2,000 plus USD 2,000 a month, residence in Russia with their families, and several other benefits. Russia, meanwhile, gets men with military training for its invasion of Ukraine, and a bankrupt Cuban regime strengthens its alliance with Putin to get desperately needed oil, food and, perhaps, a commission.

Cuba is a striking example of how, if we properly manage the local factors that impact coral reefs, we can build coral reef resilience worldwide, and along with it, hope for a brighter future for the ocean in the face of a formidable global threat.