·         Yearly Inflation Rate USA: 3.03%

·         Year End Close Dow Jones Industrial Average: 3,301

·         Interest Rates Year End Federal Reserve: 6.00%

·         Average Cost of new house: $122,500

·         Average Income per year: $30,030

·         Average Monthly Rent: $519.

·         Cost of a gallon of Gas: $1.05

·         1 LB of Bacon: $1.92

·         Average cost of new car: $16,950

 

 

·         Yitzhak Rabin comes to power in Israel promising to pursue peace talks with PLO

·         US and UN intervention in Somalia with OPERATION RESTORE HOPE to end famine and civil war

·         Bosnia Herzegovina declares independence . A 3 year war follows between Muslims, Serbs and Croats prompting UN intervention

·         United Nations Conference on Environment and Development ( The Earth Summit ) held in Brazil

·         Signing of the Maastricht treaty, which founded the European Union.

·         Turkey, an earthquake registering 6.8 on the Richter scale kills over 500

·         Gas that has leaked into sewer explodes in Guadalajara, Mexico - 215 dead, 1500 injured

·         Mafia boss John Gotti is sentenced to life in prison after being found guilty of conspiracy to commit murder and racketeering

·         Hurricane Andrew hits South Florida

·         McDonalds opens first McDonalds in Beijing China

·         Euro Disney opens in France

·         French Truck Drivers Protest new driving laws and disrupt the French road system with more than 500 blockades across France.

·         TWA Declares Bankruptcy

·         Bill Clinton becomes U.S. president

·         IRAQ Continues to hamper the efforts of UN Weapons Inspectors

·         In the UK Rioting by local youth breaks out across cities including Bristol

·         Privatization in Russia of State Owned businesses to the population is a major success

·         US refuses to sign The UN convention on Climate Change and Biological Diversity in Rio De Janeiro

·         FDA Urges Stopping the use of silicone gel breast implants

·         The Follies Bergere music hall in Paris, France closes.

·         The largest shopping mall in the US, Minnesota's Mall of America is constructed spanning 78 acres

·         Following the public outcry over royal spending he Queen of England will now pay income tax and the number of royals receiving tax payer money will decrease

·         Fire damages a major part of Windsor Castle and a number of important works of art, books and furniture are lost

·         The Summer Olympics are held in Barcelona, Spain

·         Rioting breaks out in Los Angeles following the acquittal of four white police officers accused of beating black motorist Rodney King.

·         Abortion rights activists march and demonstration in Washington, D.C

·         Overthrow Of Communist Government in Afghanistan

·         Mike Tyson Convicted of the raping Miss Black Rhode Island, Desiree Washington

·         Two of the strongest earthquakes ever to hit California strike the desert area east of Los Angeles

·         The UK government closes 31 out of 50 of Britain's deep coal mines,

·         Georgia Superdome in Atlanta, Georgia is completed with the worlds largest cable supported fabric roof.

·         The North American Free Trade Agreement between U.S.A. , Canada and Mexico is signed

·         Bosnia and Herzegovina Recognized As Independent 1992

·         The U.N. Security Council imposes sanctions on Libya

·         The Winter Olympic Games are held in Albertville, France

·         South Africans vote for political reforms to end apartheid and create a power-sharing multi-racial government

 

 

·         Aladdin

·         Home Alone 2: Lost in New York

·         Batman Returns

·         Lethal Weapon 3

·         A Few Good Men

·         Sister Act

·         The Bodyguard

·         Wayne's World

·         Basic Instinct

·         Unforgiven

·         Honey, I Blew Up The Kids

·         Reservoir Dogs

 

 

·         Pearl Jam

·         Color Me Badd with "All for Love"

·         Toad the Wet Sprocket

·         Vanessa Paradis 

·         Nirvana 

·         Peter Gabriel

·         Primal Scream

·         R.E.M.

·         Boyz II Men with "End of The Road" 

·         Madonna with "This Used to be my Playground"

·         U2

·         The Cure

·         Kiss

·         Genesis

·         Mariah Carey with "Ill Be There"

·         House of Pain

·         Bon Jovi

·         Eric Clapton

·         Def Leppard

·         Manic Street Preachers

·         Metallica

·         Michael Jackson

 

 

·         Law & Order

·         America's Funniest Home Videos

·         The Adventures of Sherlock Holmes

·         Home Improvement

·         Rugrats

·         The Jerry Springer Show

·         The Ren & Stimpy Show

·         L.A. Law

·         Matlock

·         The Oprah Winfrey Show

·         Inspector Morse

·         Married... with Children

·         Star Trek: The Next Generation

 

 

·         Windows 3.1 released by Microsoft

·         Microsoft Works released by Microsoft

·         AT & T release video telephone for $1,499

·         The first Nicotene patch is introduced to help stop smoking

·         Space Shuttle Endeavour successful maiden voyage