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ODBA Gold TWO

Tuesday, February 19, 2008

Fidel Castro Resigns as Cuba's President

HAVANA (Reuters) - Ailing Cuban leader Fidel Castro said on Tuesday that he will not return to lead the country as president or commander-in-chief, retiring as head of state 49 years after he seized power in an armed revolution.

Castro, 81, who has not appeared in public for almost 19 months after undergoing stomach surgery, said in a message to the communist nation that he would not seek a new presidential term when the National Assembly meets on February 24.

"To my dear compatriots, who gave me the immense honor in recent days of electing me a member of parliament ... I communicate to you that I will not aspire to or accept -- I repeat not aspire to or accept -- the positions of President of Council of State and Commander in Chief," Castro said in the statement published on the Web site of the Communist Party's Granma newspaper. (LINK To WAPO)

As we say down south...Bye. Drinks are on me.

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