Back in the day, Cuba was pretty well exploited by American corporations, so a comment from an American CEO on CNBC this morning probably isn’t going to go over big on the island.
“We can see Cuba down the road in a few years maybe like Puerto Rico,” Caterpillar Chairman and CEO Doug Oberhelman said in an interview. “I don’t know if it would be the 52nd state, but there’s a lot of Cubans in the United States who would like to see that. It’s a big opportunity.”
Related: U.S. Companies Clamor to Do Business in New Cuban Market (NY Times).
About the blogger
Bob Collins has been with Minnesota Public Radio since 1992, emigrating to Minnesota from Massachusetts. He was senior editor of news in the ’90s, ran MPR’s political unit, created the MPR News regional website, invented the popular Select A Candidate, started the two most popular blogs in the history of MPR and every day laments that his Minnesota Fantasy Legislature project never caught on.
NewsCut is a blog featuring observations about the news. It provides a forum for an online discussion and debate about events that might not typically make the front page. NewsCut posts are not news stories but reflections , observations, and debate.