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Transcripts For CNBC Power Lunch 20141217

President obama finishing an address to the nation just moments ago announcing the normalization of relations with cuba and it has some far flung effects. John harwood is live in washington with some of the details on that for us. The president reversing a policy that was set in place 50 years ago during the time of john f. Kennedy. This is another indication that this president meant it when he said he was going to make big changes in office. This is something he can do with the stroke of his pen. Here is the president. Though the policy has been rooted in the best of intentions no other nation joins us in imposing these sanctions and it has had little effect beyond providing the cuban government with rationale on restrictions. Today cuba is still governed by the castros. Neither the american nor cuban people are well served by a ridged policy rooted in events that took place before most of us were born. Reporter now, the president cannot with this action lift the embargo. That is emb

Emergency meeting of WAPA board scheduled for today

The V.I. Water and Power Authority board is scheduled to hold an emergency meeting today — but an executive session discussion out of view of the public is the only

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