- Ronald Reagan is president of the US
- Federal grand juries return indictments against Gen. Manuel Noriega, ruler of Panama, charging him of running drug cartels
- A missile, fired from the US Navy warship Vincennes destroys a commercial Iranian airliner killing all 290 on board
- A Pan-am Boeing 747 explodes over Lockerbie, Scotland from a terrorist bomb
- Controversial Arizona Governor Evan Mecham is removed from office for financial misdeed
- Jimmy Swaggart is defrocked when his sexual liaisons with women other than his wife are revealed
- The Netherlands becomes the second country to get connected to the Internet
- Al-Qaida is established by Osama bin Laden
- Los Angeles Dodgers win the World Series
- Washington Redskins win Superbowl XXII
- Edmonton Oilers win the Stanley Cup
- Rain Man is the top grossing film
- A Brief History of Time by Stephen Hawking is published
- "Faith" by George Michael spends the most time at the top of the US charts
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