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Jimmy Carter
President Jimmy Carter announces the embargo on sale of grain and high technology to the Soviet Union due to the Soviet invasion of Afghanistan. -
Ronald Reagan
President Ronald Reagan withstands an assassination attempt, shot in the chest while walking to his limousine in Washington, D.C. -
Unemployment rate
The highest unemployment rate since 1940 is recorded at 10.4%. By the end of November, over eleven million people would be unemployed. -
Marxist Regime
The United States invasion of Grenada occurs at the request of the Organization of Eastern Caribbean States to depose the Marxist regime. -
Reelection
President Ronald Reagan wins reelection over Democratic challenger Walter F. Mondale, increasing his Electoral College victory since the 1980 election to a margin of 525 to 13. -
Soviet Union & U.S.
The first meeting in six years between the leaders of the Soviet Union and the United States occurs when Mikhail Gorbachev and Ronald Reagan engage in a five hour summit conference in Geneva, Switzerland. -
Iran-Contra
The first reporting of the Iran-Contra affair, diverting money from arm sales to Iran to fund Nicaraguan contra rebels, begins the largest crisis in the Reagan tenure. -
Nuclear Forces
The United States and the Soviet Union sign an agreement, the Intermediate Range Nuclear Forces Treaty, to dismantle all 1,752 U.S. and 859 Soviet missiles in the 300-3,400 mile range. -
George Bush
Vice President under Ronald Reagan, George Herbert Walker Bush, claims victory in the presidential election over Democratic challenger Michael S. Dukakis, Governor of Massachusetts. -
Berlin Wall
The Berlin Wall, after thirty-eight years of restricting traffic between the East and West German sides of the city, begins to crumble when German citizens are allowed to travel freely between East and West Germany for the first time. One day later, the influx of crowds around and onto the wall begin to dismantle it, thus ending its existence. -
Soviet Union
The Central Committee of the Soviet Communist Party gives up its monopoly of power, continuing the trend, since the beginning of the Berlin Wall coming down, that the Cold War was about to end. The ending of the Cold War was completed, in many ways, by the strong policies of U.S. President Ronald Reagan toward the Soviet block. Six days later, a plan to reunite Germany was announced.