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Death of economist John Maynard Keynes
For a quick biography and overview of "Keynesian" economics, see:
John Maynard Keynes -
Marshall Plan announced
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Formation of OPEC: Oil Producing and Exporting Countries cartel
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Founding of the PLO (Palestinian Liberation Organization)
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Six-Day War begins
Literally, a war that lasted six days between Egypt, Syria, and Jordan against Israel. Egypt, Syria, and Jordan also received support from Iraq, Saudi Arabia, Sudan, Tunisia, Morocco, and Algeria. Egypt led this coalition of Arab states, using weapons supplied by the Soviet Union. See also the entry on the history of the Israel-Palestine conflict. -
Chilean coup d' etat against Salvador Allende
United States CIA worked with General Augusto Pinochet to engineer this coup. overview of Salvador Allende -
Mideast Oil Crisis begins
The 1973 Oil Crisis began when the countries in the Organization of Arab Petroleum Exporting Countries announced an oil embargo "in response to the U. S. decision to re-supply the Israeli military" during the recent Yom Kippur War. The oil embargo lasted until March 1974 -
Signing of the Helsinki Accords
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Iranian Revolution ends with departure of the shah
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End of the Iran-Iraq War, 1980-1988
Shorty after the Islamic Revolution in Iran (1979), Saddam Hussein decided to launch an Iraqi invasion of Iran. His army was pushed back out of Iran in June 1982. Fighting continued through several phases until 1988. Iran used weapons and military craft it had gotten from the United States when it was seen as a regional "policeman" against Communism. Iraq sought and obtained weapons from the Soviet Union, France, and the United States during the conflict. <a href='http://www.jewishvirtuallib -
Iraqi invasion of Kuwait, prompting the first Persian Gulf War
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Formation of Mercosur
The Treaty of Asuncion, signed March 26, 1991, created the Common Market of the South. Initial signers were Argentina, Brazil, Paraguay, and Uruguay. Mercosur Overview -
Breakup of the Soviet Union
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Demolition of the Babri Masjid mosque in Ayodhya, India
An event of great symbolic significance in the last twenty years of Hindu-Muslim conflict in India. Overview of destruction of the Babri Masjid -
Signing of the North American Free Trade Agreement
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First free multiracial election in South Africa
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Bosnian genocide led by Bosnian Serbs
The Yugoslav army and Bosnian Serb paramilitary attacks against Muslims led by Radko Mladic in Srebrenica are marked by the date here. Bosnian genocide history