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Bet that interacting with cuba is more likely to bring about a more open cuba than isolating it. it's not a bad bet. if it works, it's a success. if it doesn't work we still have the safety valve of the embargo in place. i think it's a justifiable move, and there's a decent chance it actually will set in motion a dynamic that the cuban government won't be able to stop. t it's one of the positive effects of lower oil prices. the fact that venezuela is not going to be able to sustain the kind of subsidy -- i think the cubans understand that the era in which the state could control things to the ...

>> virtually no dollar reserves. they're stretched. >> what do you think -- you know, what is going to happen with these low oil prices? in general, this seems to be one of the follow-on effectts, and we will talk about russia in a moment, but what are the consequences? with what happens with a world with oil prices at $60? >> there are economic consequences and political consequences. the economic consequences are, first, in the u.s. and in a lot of countries it's good news. it's like a $100 billion tax rebate for consumers. that's going to help the recovery here. it's very bad news for petro...