Published: Nov 28/2016 by Greg  robb market watch


Neither President Barack Obama nor Vice President Joe Biden will attend Fidel Castro’s funeral, White House spokesman Josh Earnest said Monday.

The White House has yet to announce whether there will be an official delegation to the funeral for Castro, Cuba’s once long-time Communist leader, who died Friday at age 90.

Russia’s Vladimir Putin, Canada’s Justin Trudeau and Britain’s Theresa May are among the world leaders who have already decided not to attend the funeral, according to global media reports.

Over the past two years, Obama has sought to thaw relations with Cuba through executive action. Congress has yet to remove the economic embargo on Cuba.

Earnest noted that American agricultural companies, hotel chains, cruise operators and airlines are taking advantage of the thaw in relations.

During the campaign, President-elect Donald Trump said he would reverse the administration’s Cuba policy and in the wake of Castro’s death, Trump tweeted his intention to stick with that approach baring change in Cuba.

“If Cuba is unwilling to make a better deal for the Cuban people, the Cuban/American people and the U.S. as a whole, I will terminate deal.”

Earnest said it might not be easy for Trump to follow through on his campaign promise.

“I think it is very difficult for critics of this policy to make any sort of coherent evidence-based argument that, somehow, the United States has been disadvantaged by this [new Cuba] policy,” Earnest said.

Experts said Trump may pull back on dealing with the Cuban state, while allowing the private sector to continue to do business with the island nation.

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