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Historical Event(s)
– The European Central Bank is established.
– An Afghan cargo plane crashes into a mountain in southwest Pakistan killing more than 50 people.
– New Year’s Day in Chinese calendar. Start of the year of the Earth Tiger in Chinese astrology.
– Cavalese cable car disaster: a United States Military pilot causes the death of 20 people when his low-flying plane cuts the cable of a cable-car near Trento, Italy.
– An earthquake measuring 6.1 on the Richter Scale in northeast Afghanistan kills more than 5,000.
– Data sent from the Galileo spacecraft indicates that Jupiter’s moon Europa has a liquid ocean under a thick crust of ice.
– Travelers Group announces an agreement to undertake the $76 billion merger between Travelers and Citicorp, and the merger is completed on October 8, of that year, forming Citibank.
– Four students are shot at Trisakti University, leading to widespread riots and the fall of Suharto
– Israeli-Palestinian Conflict: Israeli Prime Minister Benjamin Netanyahu and Palestinian Chairman Yasser Arafat reach a “land for peace” agreement.
– Tony Blair becomes the first Prime Minister of the United Kingdom to address the Republic of Ireland’s parliament.