Prepare for 'realistic' communism, Castro tells Cuba

President Raul Castro warned Cubans to prepare for a “realistic” brand of Communism that was economically viable and did away with excessive state subsidies designed to promote equality on the island.

Addressing Cuba’s parliament in its first session since MPs selected him to succeed his older brother Fidel in February, Raul Castro announced no major reforms, but suggested that global economic turbulence could lead to further belt-tightening on the island.