Historic breakthrough in US-Cuba ties

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President Barack Obama delivers an address to the nation on December 17, 2014 in Washington, DCThe United States and Cuba brought their bitter Cold War stand-off towards a historic close Wednesday, agreeing to revive diplomatic ties and to ease a five-decade US trade embargo. In the wake of a prisoner exchange, President Barack Obama said Washington is ready to review trade ties and to re-open its embassy in communist Cuba, which has been closed since 1961. “We are all Americans,” Obama declared, breaking into Spanish for a speech which the White House portrayed as a bid to reassert US leadership in the Western Hemisphere.