The Year was 1990, the theme was One Moment In Time, Do you Remember those Memories?
Do you remember what movies were in, the type of music that we listened to or any events that happened? Well here is just a reminder!!
1990 Following the Iraq invasion of Kuwait Desert Shield Begins as the United States and UK send troops to Kuwait. The US enters a bad recession which will have repercussions over the next few years throughout the world. This is also the year "The Simpson's" is seen for the first time on FOX TV. Following the Berlin Wall falling East and West Germany reunite. In technology Tim Berners-Lee publishes the first web page on the WWW and it shown that there is a hole in the Ozone Layer above the North Pole, also the First in car GPS Satellite Navigation System goes on sale from Pioneer.
Cost of Living 1990
How Much things cost in 1990
Yearly Inflation Rate USA 5.39%
Year End Close Dow Jones Industrial Average 2633
Interest Rates Year End Federal Reserve 10.00%
Average Cost of new house $123,000.00
Average Income per year $28,960.00
Average Monthly Rent $465.00
Cost of a gallon of Gas $1.34
Price for a new Isuzu Rodeo $12,4900.00
IBM PS1 Computer From $999.00-$1,999.00
What Events Happened in 1990
Saddam Hussein orders Iraq invasion of Neighboring Kuwait
Operation Desert Shield Begins as the United States and UK send troops to Kuwait
Lech Walesa becomes president of Poland
The Saturn range of cars are launched by GM
Earthquake in Iran kills 50,000
Americas Favorite animated family "The Simpson's" is aired on Fox for the first time
The US Enters a Major Recession
A Formal Ban on the Trade of Ivory is introduced
Nelson Mandella is released from Prison in South Africa after 28 years
Industrialized countries agree to stop dumping waste into the oceans of the world.
John M. Poindexter (Former national security adviser) is convicted on multiple felony counts
Margaret Thatcher announces her resignation as British PM
A stampede of religious pilgrims in a pedestrian tunnel in Mecca leaves 1,400 dead
A fire at an unlicensed social club called "Happy Land" in New York City kills 87
Opposition Parties in South Africa are legalized Nelson Mandella released from prison and becomes leader of the African National Congress ( ANC )
The Leaning Tower of Pisa is closed to the public due to safety concerns of it falling over
East and West Germany reunite including currency and economies
President George Bush and Soviet leader Mikhail Gorbachev sign a historic agreement to end production of chemical weapons
Throughout the year demonstrations are held in cities in the UK in protest at the new poll tax
Philippines, an earthquake measuring 7.7 on the Richter Scale kills over 1600
Soviet Union leader Mikhail Gorbachev is awarded the Nobel Peace Prize for his efforts to lessen Cold War tensions and reform his nation
Tim Berners-Lee publishes a more formal proposal for the World Wide Web and the first web page is written
Channel Tunnel workers from the United Kingdom and France meet 40 meters beneath the English Channel seabed, establishing the first ground connection between the United Kingdom and the mainland of Europe since the last ice age
Art thieves steal 12 works of art from the Isabella Gardner Museum in Boston
Prisoners Riot in Strangeways Prison in Manchester, England keeping control of the prison for 25 days
Namibia Gains Independence From South Africa
Boris N. Yeltsin becomes president of the Russian republic.
West Germany Wins 1990 World Cup in Italy
Customs officers seize the barrel (130 feet long) of a "Supergun" bound for Iraq
Great Britain is gripped by a heat wave and the highest recorded temperatures in British History are recorded of 37.1C, or 99F in Nailstone, Leicestershire
Popular Culture 1990
The Sci/Fi Channel on Cable TV starts transmitting
Twin Peaks premieres on ABC
The Milli Vanilli duo's producer reveals that the Grammy winning pop duo were lip synching in the songs on the album which gained them the award