Cost of Living 1996
How Much things cost in 1996Yearly Inflation Rate USA 2.93%
Year End Close Dow Jones Industrial Average 6448
Interest Rates Year End Federal Reserve 8.25%
Average Cost of new house $118,200.00
Average Income per year $36,300.00
Average Monthly Rent $554.00
Cost of a gallon of Gas $1.22
US Postage Stamp 32 cents
Average cost of new car $16,300.00
Loaf of Bread $1.15
Minimum Hourly Wage Raised To $5.15
Below are some Prices for UK guides in Pounds Sterling Average House Price 69,453
Gallon of Petrol 2.70
Yearly Inflation Rate UK 2.4%
Interest Rates Year End Bank of England 5.94%
FTSE 100 Average 3800
Events 1996
AfghanistanMilitant Taliban Forces Capture Kabul and declare Fundamentalist Islamic State of Afghanistan
Sudan
Osama Bin Laden is expelled from Sudan and moves to Afghanistan
France
France halts Nuclear testing in Pacific
Egypt
Divers discover the ancient port of Alexandria
Cuba
US eases sanctions against Cuba
U.S.
Major snowstorm paralyzes Midwestern United States
Scotland
The 13th March Dunblane Massacre Thomas Hamilton opened fire on a class of 5-6 year olds, killing or wounding every person present bar one pupil. Fifteen children and a teacher (Mrs Gwen Mayor) died at the scene.
Bangladesh
Severe thunderstorms and a tornado in Bangladesh kills 600.
UK
Prince Charles and Diana, Princess of Wales get divorced
U.S.
Federal Reserve Chairman Alan Greenspan questions whether the stock market is overvalued
Iraq
UN Experts and Iraq Officials dismantle a Biological Weapons Factory in Iraq
UK
Mad Cow Disease hits Britain ( Bovine Spongiform Encephalopathy or BSE )
India
Category 4 Cyclone strikes India. The storm surge sweeps fishing villages out to sea, over 2,000 persons die.
U.S.
The U.S. stock markets, including the Dow Jones Industrial Average, gains at an incredibly fast pace and ends the year over the 6,000 mark
U.S.
Jumbo Jet bursts into flames shortly after takeoff and crashes into the ocean off Long Island
Nigeria
Meningitas Epidemic in West Africa
Indonesia
Overloaded ferry sinks in Sumatra, Indonesia,
World
38 Million Acres of Rain Forest are destroyed annually by timber cutting
Mexico
Hurricane Dolly ( 1996 ) crashes into shanty town of Tampica, Mexico
France
Bombing on Paris Subway kills 2 and injures 128
UK
The IRA plants a bomb that explodes in the Docklands area of London
UK
The IRA explodes bomb Arndale shopping centre in Manchester.
Saudi Arabia
A bomb loaded with high explosives is detonated at a U.S. military housing complex in Saudi Arabia
U.S.
30 Black churches in Mississippi are burned to the ground the previous 18 months
U.S.
The Williamette Valley Flood, sweeps through the Pacific Northwest
Australia
Gunman "Martin Bryant" shoot and kills 35 in the tourist town of Port Arthur, Tasmania on April 28th
Lebanon
Israel carries out air strikes on Hezbollah targets in Beirut as part of "Operation Grapes of Wrath"
U.S.
The Summer Olympics are held in Atlanta United States
U.S.
Nail Bomb Exploded in Centennial Olympic Park, Atlanta
UN
Kofi Annan is elected to be the United Nations seventh secretary-general
Egypt
Gunmen kill 17 Greek Tourists outside the Europa Hotel in Cairo
Peru
Peruvian guerrillas take hundreds of people hostage at the official residence of Japan's ambassador to Peru in Lima.
Wales
The supertanker, the Sea Empress, runs aground on the welsh coast, spilling 70,000 tons of crude oil
Technology
- DVD's Launched in Japan
- In 12 months number of Internet host computers goes from 1 million to 10 million
- Windows NT 4.0 released by Microsoft
- Internet Explorer 3 web browser released
- Ebay started the online auction and shopping website, where people buy and sell goods and services worldwide.
- The first version of the Java programming language is released.
- Duke Nukem 3D Shareware released to public
- Dolly the sheep, the first mammal to be successfully cloned
- Ask Jeeves formed.
- Global Warming shows a record high
- IBM's Deep Blue defeats Chess Champion Gary Kasparov for the first time
- MSNBC ( 24hr News Channel ) a joint venture between Microsoft and NBC is launched
- Ozone layer over the Arctic continues to be depleted
- American Pathfinder launched on its 310 million mile mission to Mars
- The Worlds Largest Container Vessel The Regina Maersk begins operation
Popular Culture 1996
- Spice Girls First Number 1 "Wannabe"
- Mariah Carey
- Eric Clapton
- Blur
- Dalida
- Jamiroquai
- Snoop Doggy Dogg
- Oasis
- Madonna
- Metallica
- Gravity Kills
- Rage Against the Machine
- 2Pac
- The Wallflowers
- Sheryl Crow
- Red Hot Chili Peppers
- The Smashing Pumpkins
- Marilyn Manson
- Alanis Morissette
- Lenny Kravitz
- Foo Fighters
- Independence Day
- Twister
- Mission: Impossible
- Jerry Maguire
- 101 Dalmatians
- The Rock
- The Nutty Professor
- The Birdcage
- A Time to Kill
- The English Patient
- Star Trek: First Contact
Major World Political Leaders 1996
Australia Prime Minister Paul Keating Till 11 MarchAustralia Prime Minister John Howard From 11 March
Brazil President Fernando Henrique Cardoso Canada Prime Minister Jean Chrétien China Chairman of the People's Republic of China Jiang Zemin France President Jacques Chirac Germany Chancellor Helmut Kohl India Prime Minister P. V. Narasimha Rao Till 16 May
India Prime Minister Atal Bihari Vajpayee From 16 May
India Prime Minister Atal Bihari Vajpayee Till 1 June
India Prime Minister H. D. Deve Gowda From 1 June
Italy Prime Minister Lamberto Dini Till 17 May
Italy Prime Minister Romano Prodi From 17 May
Japan Prime Minister Tomiichi Murayama Till 11 January
Japan Prime Minister Ryutaro Hashimoto From 11 January
Mexico President Ernesto Zedillo Russia / Soviet Union General Secretary of the CPSU Boris Yeltsin South Africa State President Nelson MandelaUnited States President Bill Clinton United Kingdom Prime Minister John Major
Political Elections 1996
United States Presidential Election 1996 Bill Clinton (Democratic) Defeats Bob Dole (Republican) and Ross Perot (Reform)
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