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This is one of those stories, that I as a blogger have to wrestle with a little bit. I generally only post stories here that I have some sort of personal interest in. My parents, who own a home in the Florida Keys have their opinions of course, but as staunch Republicans, I'm naturally always a little bit skeptical there. And otherwise, I don't have much knowledge of the whole Cuban embargo issue. But this is nonetheless a big story, and I couldn't let the day go by without at least acknowledging it. So, here you go. . .
[Excerpt]
Cuba Fund Has Biggest-Ever Surge After Castro Resigns
The Herzfeld Caribbean Basin Fund, which aims to profit from the resumption of U.S. trade with Cuba, surged the most in its 13-year history after Fidel Castro resigned as the country's president and commander-in-chief.
Castro's decision is "a clear step towards the possibility of the U.S. resuming trade with Cuba,'' Miami-based investor Thomas J. Herzfeld said during a telephone interview. He created the fund, whose ticker symbol is CUBA, in 1994. . .
Castro's decision is "a clear step towards the possibility of the U.S. resuming trade with Cuba,'' Miami-based investor Thomas J. Herzfeld said during a telephone interview. He created the fund, whose ticker symbol is CUBA, in 1994. . .
Read more at: Bloomberg
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