Top News Stories from 1988
Population: 4.378 billionpopulation by decade
Nobel Peace Prize: U.N. Peacekeeping ForcesMore World Statistics...
- US and Canada reach free trade agreement (Jan. 2). Background: NAFTA
- Terrorists kill nine tourists on Aegean cruise (July 11).
- Benazir Bhutto, first Islamic woman prime minister, chosen to lead Pakistan (Dec. 1).
- Pan-Am 747 explodes from terrorist bomb and crashes in Lockerbie, Scotland, killing all 259 aboard and 11 on ground (Dec. 21).
President: Ronald W. Reagan
Vice President: George Bush
Life expectancy: 74.9 years
Violent Crime Rate (per 1,000): 56.6
Property Crime Rate (per 1,000) 50.3More U.S. Statistics...
- Robert C. McFarlane, former National Security Adviser, pleads guilty in Iran-Contra case (March 11).
- US Navy ship shoots down Iranian airliner in Persian Gulf, mistaking it for jet fighter; 290 killed (July 3).
- Democratic convention nominates Gov. Michael Dukakis of Massachusetts for President and Texas Senator Lloyd Bentsen for Vice President (July 17 et seq.).
- Republican convention nominates George Bush for President and Indiana Senator Dan Quayle for Vice President (Aug. 15 et seq.).
- Republicans sweep 40 states in election, and Bush beats Dukakis (Nov. 8).
US GDP (1998 dollars): $5,049.60 billion
Federal spending: $1064.14 billion
Federal debt $2601.3 billion
Median Household Income(current dollars): $27,225 billion
Consumer Price Index: $118.3
Cost of a first-class stamp: $0.22 ($0.25 as of 4/3/88)
Super BowlWashington d. Denver
World SeriesLA Dodgers d. Oakland A's (4-1)
NBA ChampionshipLA Lakers d. Detroit Pistons
Stanley CupEdmonton d. Boston
WimbledonWomen: Steffi Graf d. M. Navratilova (5-7 6-2 6-1)
Men: Stefan Edberg d. B. Becker (4-6 7-6 6-4 6-2)
Kentucky Derby ChampionWinning Colors
NCAA Basketball ChampionshipKansas d. Oklahoma
NCAA Football ChampionsNotre Dame (12-0-0) 1988 Summer Olympics
Entertainment AwardsPulitzer Prizes
Fiction: Beloved, Toni Morrison
Music: 12 New Etudes for Piano, William Bolcom
Drama: Driving Miss Daisy, Alfred Uhry
Academy Award, Best Picture: The Last Emperor, Jeremy Thomas, producer (Columbia)
Nobel Prize for Literature: Naguib Mahfouz (Egypt)
Record of the Year: "Graceland," Paul Simon
Album of the Year: Joshua Tree, U2 (Island)
Song of the Year: "Somewhere Out There," James Horner, Barry Mann and Cynthia Weil, songwriters
Miss America: Kaye Lani Rae Rafko (MI)More Entertainment Awards...
- Ninety-eight percent of U.S. households have at least one television set.
- CDs outsell vinyl records for the first time.
- Ted Turner starts Turner Network Television (TNT) and buys MGM's film library.
- Rain Man, Mississippi Burning, A Fish Called Wanda, Bull Durham
Nobel Prizes in Science
Chemistry: Johann Deisenhofer, Robert Huber, and Hartmut Michel (all West Germany), for unraveling the structure of proteins that play a crucial role in photosynthesis
Physics: Leon M. Lederman, Melvin Schwartz, and Jack Steinberger (all US), for research that improved the understanding of elementary particles and forces
Physiology or Medicine: Gertrude B. Elion, George H. Hitchings (both US), and Sir James Black (UK), for their discoveries of important principles for drug treatmentMore Nobel Prizes in 1998...
- France and China permit use of "morning-after" birth-control drug RU486 (Mifepristone). Background: Birth & Contraception
- NASA scientist James Hansen warns congress of the dangers of the global warming and the greenhouse effect. Background: Environment & Nature
- Roy Orbison
- Chet Baker
- Luis Alvarez
- Edgar Jean Faure
- Nora Astorga