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Retirement of Fidel and power to his brother
Fidel retire power to his brother, Raul Castro, because of medical problems -
Restriction of purchase is being eliminated
In March 2008, the government removed restrictions against the purchase of numerous products not available under Fidel Castro's administration including DVD-players, computers, rice cookers and microwaves.[ -
Raúls Plan
In April 2011 Raúl announced a plan of 300 economic reforms similar to the Chinese economic model, among them are the limitation of presidential mandates including himself, encouraging private initiative, reducing state spending, encouraging foreign investment and agrarian reforms. -
Limiting presidential term
Cuba's parliament named Raúl Castro to a new five-year term as president and Miguel Díaz-Canel his first vice president. He announced that day he would step down from power after his second term as president ends in 2018 -
Castro and Obama
Castro and Obama made separate announcements that efforts to normalize relations between the two nations would begin with the re-establishment of embassies in Havana and Washington. The embassies had previously been dissolved in 1961 after Cuba became closely allied with the USSR.
