- Average US yearly income was $37,006
- Gas cost $1.22.
- Average US house was $124,100.
- Average UK house was £71,248.
- Hong Kong returned to Chinese control.
- Kyoto Protocol agreed to to combat global warming.
- Armed Islamic Group (GIA) conduct reign of terror in Algeria to try to overthrow government for an Islamic one.
- Scotland votes to create its own Parliament.
- Japanese embassy in Peru, taken hostage at end of 1996, freed by government troops.
- Carlos the Jackal caught in France and sentenced to life in prison.
- Pol Pot goes on trial in Cambodia.
- Harry Potter appears on the book shelves.
- Michael Jackson has a child.
- TV rating system goes into effect.
- Comet Hale-Bopp visits and some odd people try to meet it.
- The Titanic sank while the movie did awesomely.
- Damon and Affleck went Good Will Hunting.
- Nicholson and Hunt were As Good As It Gets.