Obama to announce end of Cuba isolation


BLOOMBERG: A plea from Pope Francis convinced the president to resume diplomatic relations as well as easing restrictions on trade and travel.

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BLOOMBERG: A plea from Pope Francis convinced the president to resume diplomatic relations as well as easing restrictions on trade and travel.

The steps effectively end an embargo that has been one of the most durable elements of U.S. foreign policy. Travelers will be able to use credit cards in Cuba and Americans will be able to legally bring home up to $100 in previously illegal Cuban cigars treasured by aficionados.

Obama is scheduled to deliver remarks from the White House at 12:01 p.m. Washington time, about the same time that Raul Castro is set to speak in Cuba. The two spoke yesterday about the deal, an administration official said.

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