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Cost of Living 1991How Much things cost in 1991
Yearly Inflation Rate USA4.25% Year End Close Dow Jones Industrial Average 3168 Interest Rates Year End Federal Reserve 6.50% Average Cost of new house $120,000.00 Average Income per year $29,430.00 Average Monthly Rent $495.00 Cost of a gallon of Gas $1.12 1 LB of Bacon $1.95 Dozen Eggs 85 cents
Below are some Prices for UK guides in Pounds Sterling
Average House Price 70,987 Gallon of Petrol 2.05 Yearly Inflation Rate UK 5.9% Interest Rates Year End Bank of England 10.38% FTSE 100 Average 2350
From Our 1991toys Page
What Events Happened in 1991Kuwait
- Operation Desert Storm United Nations Coalition Force led by the United States and including many Arab and European countries Bombs Iraq Forces in Kuwait and after 1 month of bombing Land invasion forces Iraq Forces out of Kuwait and back to Iraq.
1. Iraq invades Kuwait under the leadership of Saddam Hussein in August of 1990 and attempts to annex the country.
2. The U.S. and NATO place troops in Saudi Arabia in what was known as Operation Desert Shield.
3. In November of 1990 the U.N. authorizes the use of force against Iraq if they did not withdraw from Kuwait by January 15, 1991.
4. Iraq refuses to leave and a U.S.-led air attack begins in mid-January of 1991 in what was known as Operation Desert Storm.
5. Ground forces attack in Southern Iraq and Kuwait during February of 1991 in Operation Desert Sabre.
6. U.S. President George H. W. Bush declares a cease-fire in the conflict by the end of February after Kuwait was liberated and Iraq agreed to honor the terms of peace.
- The U.N. Security Council passes the Cease Fire Agreement, Resolution 687. The resolution called for the destruction or removal of all of Iraq's chemical and biological weapons, and for an end to its support for international terrorism. Iraq accepts the terms of the resolution on April 6 and UN authorizes weapons inspections in Iraq
- Boris Yeltsin wins first free elections for Russia's first popularly-elected president
- Cyclone in Bangladesh kills 200,000
- Fires in the hills of Oakland, California burns thousands of homes and kills 25
- The US and Soviet Union Sign The START Treaty.
The United States and Soviet Union agree to the START I Treaty during July of 1991. U.S. President George H.W. Bush and Soviet leader Mikhail Gorbachev both signed the treaty, agreeing to reduce the number of nuclear warheads each country had to 7,950. Negotiations over the agreement began in 1982 with President Reagan but were held up several times due to conflicts. After the treaty was signed in 1991, several other START agreements were negotiated, limiting nuclear weapons between the two countries even further. START I came into effect in 1994 with both sides adhering to the limits on time and it expired in 2009.
- The Following Countries all gain independence when the Soviet Union breaks Up Uzbekistan, Tajikstan, Kyrgyzstan, Axerbaijan, Ukraine, Moldova, Lithuania, Latvia, Belarus, Estonia.
The Soviet Union takes the first official steps to break up the U.S.S.R. during September of 1991 when the Congress of People’s Deputies voted for its dissolution. Beginning in the previous month, several Soviet republics started to declare their independence, with Uzbekistan, Tajikistan, and Armenia leaving in September. By the end of the year the dissolution became effective and the Soviet Union ceased to exist when Gorbachev resigned and was replaced by the new Russian government.
- 50% of India population is living at or below the poverty line
- Indian Prime Minister Rajiv Gandhi is assassinated on May 21st
- Dead Sea Scroll is Unveiled
- UN Sanctions imposed against Libya in response to alleged involvement in Lockerbie bombing
- Referendum in South Africa supports creation of new constitution for multicultural society and Apartheid is dismantled
- Canada introduces the Canadian Goods and Services Tax (GST) a national sales tax
- Winnie Mandela, the wife of Nelson Mandela, is given a six-year prison sentence on May 14th for her part in the kidnap of four youths
- Slovenia and Croatia declare independence from Yugoslavia and the start of the Balkan War
- Attempted communist coup in Soviet Union suppressed but sparks declarations of independence from all non Russian republics within the USSR , by the end of the year the USSR is dissolved and independence of republics recognized
- Single European Market lifts trade restrictions within the EEC and the Maastricht treaty opens the way for closer political Union
- The Bank of Credit and Commerce International ( BCCI ) closed by regulators from US and UK
- Seventy tornadoes break out in the central United States, killing 17.
- The Dow Jones average topped 3,000 for the first time
- Gang Lu a student at the University of Iowa goes on a shooting rampage killing five people on the Iowa campus
- The Ethiopian People's Revolutionary Democratic Front end 17 years of Marxist rule in Ethiopia.
- Mike Tyson is arrested and charged with raping Desiree Washington
- Jeffrey Dahmer is arrested on July 22nd after the remains of 11 men and boys are found in his Milwaukee, Wisconsin apartment
- 7.0 Richter Scale earthquake in Northern Italy - 2000 dead
- 6.8 Richter Scale earthquake near border between Pakistan and Afghanistan
- The Soviet Union cracks down on Lithuania who were attempting to gain independence from the Soviet Union
- UK Poll Tax introduced in 1990 is eliminated and replaced with alternative
- Former U.S. postal worker Joseph Harris kills his former girlfriend and her fiance and two former co workers at the post office in Ridgewood, New Jersey which resulted in the phrase "going postal" .
- Lech Walesa the Polish Workers President is elected President of Poland
- Body of publishing tycoon Robert Maxwell is found floating in the sea - he had fallen off his yacht shortly after his death the Maxwell Empire Faces Bankruptcy
- Indonesian forces open fire on a crowd in the Santa Cruz cemetery killing an estimated 250 East Timorese protesters.
- Typhoon Kinna strikes western Japan with 80 mph winds
- Freddie Mercury, lead singer of the band Queen, issues a public statement confirming that he is stricken with AIDS, and the next day he dies of complications
- Journalist Terry Anderson is released after seven years' captivity as a hostage in Beirut
- Terry Waite the special envoy of the archbishop of Canterbury, is released after more than four years of captivity
- Police Brutality Captured On Film in California in the case of Rodney King arrest
- Mikhail Gorbachev resigns as president of the Soviet Union and the Soviet Union officially ceases to exist
- The Warsaw Pact the military alliance between the Soviet Union and its eastern European neighbors ends
- The US and Soviet Union Sign The START Treaty
- 911 Emergency Number tested in US northwestern cities
- Macedonia Gains Independence From Former Yugoslavia
- Croatia Gains Independence From Former Yugoslavia
- Slovenia Gains Independence From Former Yugoslavia
- Birmingham Six Released in the UK
- The Following Countries all gain independence when the Soviet Union breaks Up
Uzbekistan, Tajikstan, Kyrgyzstan, Axerbaijan, Ukraine, Moldova, Lithuania, Latvia, Belarus, Estonia,
- Internet is made available to unrestricted commercial use and number of computers on the net reaches 1 million
- Linus Torvalds releases first version of the Linux operating system kernel
- The American Galileo spacecraft makes its closest approach to 951 Gaspra, becoming the first probe to visit an asteroid
- Microsoft Releases MS Dos 5.0
- Blue Roses produced by Genetic Engineering
- The Ice covering the Arctic has decreased by 2% in the last 10 years
- Tropical Rainforest shrinks by 1% annually as a result of Human activities
- Tim Berners-Lee introduces the web browser.
- Spread of Cholera reaches near epidemic proportions in Countries in Latin America
Invention Invented by Inventors and Country ( or attributed to First Use )
- Clockwork Radio England by Trevor Baylis
- Airbag USA by Geoffrey L Mahon and Allen Breed
Popular Culture 1991
- The release of Nirvana's Nevermind signified the start of the Grunge era that would dominate the music scene up to the mid-90's.
- Terminator 2: Judgment Day
- Robin Hood: Prince of Thieves
- The Silence of the Lambs
- The Addams Family
- Sleeping with the Enemy
- Father of the Bride
- The Naked Gun 2½: The Smell of Fear
- Beauty and the Beast
- Thelma & Louise
Check out our Television Programmes From The 90s whenever possible we have included a trailer to jog your memory. Series trailers and more information are found on the decade they started.
- Pearl Jam
- Whitney Houston with All The Man That I need
- Michael Jackson with black and White
- Bryan Adams with Everything That I do I do it for You
- Phil Collins
- Guns N' Roses
- Mariah Carey with Someday
- Amy Grant
- Beverly Craven
- Gloria Estefan
- Janet Jackson
- Boyz II Men
- Van Halen
- The Clash
- Paula Abdul with The Promise of The New Day
- Billy Bragg
- Garth Brooks
Major World Political Leaders 1991Australia Prime Minister Bob Hawke Till 20 December
Australia Prime Minister Paul Keating From 20 December
Brazil President Fernando Collor Canada Prime Minister Brian Mulroney
China Chairman of the People's Republic of China Yang Shangkun
France President François Mitterrand
Germany Chancellor Helmut Kohl
India Prime Minister Chandra Shekhar Till 21 June
India Prime Minister P. V. Narasimha Rao From 21 June
Italy Prime Minister Giulio Andreotti
Japan Prime Minister Toshiki Kaifu Till 5 November
Japan Prime Minister Kiichi Miyazawa From 5 November
Mexico President Carlos Salinas de Gortari Russia / Soviet Union
General Secretary of the CPSU Boris Yeltsin South Africa State President Frederik Willem de Klerk United States President George H. W. Bush United Kingdom Prime Minister John Major