Cuban Revolution: Cuba nationalizes American and foreign-owned property in the nation.

The Cuban Revolution was the military and political movement that overthrew the dictatorship of Fulgencio Batista, who had ruled Cuba from 1952 to 1959. The revolution began after the 1952 Cuban coup d'état, in which Batista overthrew the emerging Cuban democracy and consolidated power. Among those who opposed the coup was Fidel Castro, then a young lawyer, who initially tried to challenge the takeover through legal means in the Cuban courts. When these efforts failed, Fidel Castro and his brother Raúl led an armed assault on the Moncada Barracks, a Cuban military post, on 26 July 1953.

Cuba, officially the Republic of Cuba, is an island country in the Caribbean, comprising the island of Cuba, Isla de la Juventud, and 4,195 islands, islets and cays surrounding the main island. It is located where the northern Caribbean Sea, Gulf of Mexico, and Atlantic Ocean meet. Cuba is located east of the Yucatán Peninsula (Mexico), south of both Florida and the Bahamas, west of Hispaniola, and north of Jamaica and the Cayman Islands. Havana is the largest city and capital. Cuba is the third-most populous country in the Caribbean after Haiti and the Dominican Republic, with about 10 million inhabitants. It is the largest country in the Caribbean by area.