Brookings Institution http://wlrn.org en Castro Opens Cuba's Capitalist Door Another Notch – Should Washington Walk Through? http://wlrn.org/post/castro-opens-cubas-capitalist-door-another-notch-should-washington-walk-through <p></p><p>It may or not be a coincidence that Cuban leader Raúl Castro disclosed his new foreign investment law this week just as Venezuela was getting another&nbsp;big thumbs-down from the financial world.</p><p>Cuba’s threadbare communist economy depends on kindred benefactors like socialist Venezuela. But as that oil-rich country’s own economy continues to implode – the Fitch Ratings company downgraded Venezuelan credit to “Outlook Negative” on Tuesday – Castro has no choice but to open his island’s rusted doors more broadly to capital, capitalism and capitalists.</p> Fri, 28 Mar 2014 14:54:51 +0000 Tim Padgett 29910 at http://wlrn.org Castro Opens Cuba's Capitalist Door Another Notch – Should Washington Walk Through?