- Average US yearly income was $28,960
- Gas cost $1.34.
- Average US house was $123,000.
- Average UK house was £72,290.
- Iraq invades neighbor Kuwait
- Operation Desert Shield begins as US and UK send troops.
- In Burma, the military regime decides to ignore the free elections that would have stripped them of power.
- In South Africa, Nelson Mandela released after 28 years in prison.
- East and West Germany reunite.
- Soviet leader Gorbachev awarded Nobel Peace Prize.
- Formal proposal for the World Wide Web published.
- Milli Vanilli were caught mouthing off.
- First in-car navigation system introduced.
- The Sci/Fi Channel starts and so do The Simpsons.
- We were Home Alone at Christmas.
- Whoopi Goldberg shows she can talk to a Ghost.
- Julia Roberts was undeniably a Pretty Woman.