US to embark on massive overhaul of US-Cuba relations: Officials

The U.S. will embark on the most massive overhaul of its relations with Cuba in more than 50 years, according to senior administration officials.

U.S. President Barack Obama and Cuba’s Raul Castro spoke separately at noon ET about relations between the two countries, which have had a strained relationship for decades. The U.S. first imposed an embargo on Cuba in 1960 and cut diplomatic ties the following year.

http://www.cnbc.com/id/102276724

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