Earlier this week, Fidel Castro announced his resignation as leader of the Cuban Communist Party, which coincides with liberalization of property laws:
Fidel Castro, 84, announced his resignation from leadership of the Cuba Communist Party today in an article published on Cubadebate.cu.http://www.businessinsider.com/castro-resi...4#ixzzG3psr7KL2
Along with the changing face of the Communist Party comes the easing of Cuba's property laws.
The BBC reports that for the first time since the 1959 Communist Revolution, Cubans will now be allowed to buy and sell private property. For more than 50 years, Cubans' have been restricted to passing their homes on to their children, or engaging in a corrupt system of swapping.
Not surprisingly, Castro's old guard stays in power:
Even former Cuban leader Fidel Castro seemed to embrace the message. “The new generation is called to rectify and change without hesitation all that must be rectified and changed,” he wrote in the state newspaper Granma.http://www.csmonitor.com/World/Americas/20...oints-old-guardWhat effect (if any) will Castro's resignation have on Cuban liberalization and US-Cuban relations?
But by the time the Congress wrapped up Tuesday, new leaders were named to the Communist Party, and none of the top three positions went to anyone younger than 78, leaving the old guard in power and frustrating those Cubans eager for a political shakeup.