History for the day

On 16 November 1933, at ten minutes before midnight, the United States and the Soviet Union established diplomatic relations. President Franklin D. Roosevelt sent a telegram to the Soviet leader Maxim Litvinov (photo), expressing hope that United States-Soviet relations would “forever remain normal and friendly.” The United States had broken off diplomatic relations with Russia in December of 1917, after the Communist Bolshevik Party seized power and refused to honor its debts to foreign countries. The United States remained hostile toward Russia and the Soviet Union (founded in 1922) until President Roosevelt took office in 1933 and sought to establish relations with the Soviets, in part because the United States was the only major power yet to recognize the Soviet Union.
The main issues surrounding the establishment of relations included the settling of Soviet debts, Soviet involvement in American domestic affairs (like supporting the American Communist Party), and the legal status of Americans living in the Soviet Union.
The New York Times described the terms of the United States-Soviet agreement, reporting that the Soviets agreed to the “most complete pledge against Bolshevist propaganda that has ever been made”, and to allow Americans to have “complete freedom of worship” and the right to choose their own counsel if being tried in the Soviet Union. The United States “made reciprocal pledges except regarding religion, which the Soviet did not desire”. The issue of the outstanding debts was left to be decided later.
The hopes for friendly relations quickly broke down, however. The two sides could not reach an agreement on the debts, and the United States felt that the Soviets continued to interfere in United States relations. Not until the outbreak of World War Two did the United States and Soviet Union begin to cooperate, with the Americans providing arms and material to the Soviets for their fight against Nazi Germany.
After the war, relations disintegrated again as the two countries emerged as the world’s two superpowers. The United States, representing Western democracy and capitalism, and the Soviet Union, representing Communism, fought to promote their ideologies internationally in the cold war.
After the collapse of the Soviet Union and the introduction of democratic and free market reforms in Russia, relations between the American and Russian governments improved quickly. There have still been tensions between the two countries, but over issues like missile defense, American military action in Kosovo, Russian military action in Chechnya and Georgia, and Russian relations with Communist countries.

Rico says, yes, and look how well that turned out...'