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Cost of Living 1995How Much things cost in 1995
Yearly Inflation Rate USA 2.81% Year End Close Dow Jones Industrial Average 5117 Interest Rates Year End Federal Reserve 8.50% Average Cost of new house $113,150.00 Average Income per year $35,900.00 Average Monthly Rent $550.00 Cost of a gallon of Gas $1.09 US Postage Stamp 32 cents Average cost of new car $15,500.00 Loaf of Bread $2.02 Ground Coffee per IB$4.07 Loaf of Bread $1.15 Dozen Eggs 87 cents
Below are some Prices for UK guides in Pounds Sterling
Average House Price 68,183 Gallon of Petrol 2.70 Yearly Inflation Rate UK 3.5% Interest Rates Year End Bank of England 6.38% FTSE 100 Average 3350
From Our 1995toys Page
- Domestic terrorist bomb attack on the Alfred P. Murrah Federal Building in downtown Oklahoma City killing 168 and injuring more than 680 others
1. 1988 Timothy McVeigh meets Terry Nichols at Fort Benning during basic training for the U.S. Army
2. 1993 McVeigh goes to Waco during Waco Siege and decides to bomb a federal building as a response to the raids and planned for attack on April 19, 1995, to coincide with the anniversary of the Waco siege
3. April 14th McVeigh rents a 1993 Ford F-700 truck from Ryder under the name Robert D. Kling,
4. April 17–18 McVeigh and Nichols turn the rented truck into a giant bomb with 4,800 pounds of explosives
5. April 19th 8:50 AM Timothy McVeigh drives the truck filled with explosives setting 2 timers to set bomb off and parked the Ryder truck in a drop-off zone situated under the building's day-care center,
6. At 9:02 am the truck, containing ammonium nitrate fertilizer, nitromethane, and diesel fuel mixture, detonated in front of the north side of the nine-story Alfred P. Murrah Federal Building. Hundreds of people were killed or injured. One third of the building was destroyed by the explosion,
7. The FBI spent some time following the bombing trying to decide if it was international terrorists or Domestic Terrorism
8. Timothy McVeigh was arrested within 90 minutes of the explosion by Oklahoma State Trooper Charlie Hanger for driving his yellow 1977 Mercury Marquis without a license plate, and arrested him for having a concealed weapon
9. April 21st Federal agents take McVeigh custody as they continued their investigation into the bombing
10. June 1997 Timothy McVeigh is found guilty and sentenced to death
11. June 11th 2001 Timothy McVeigh was executed by lethal injection at the Federal Correctional Complex, Terre Haute in Terre Haute, Indiana
12. May 26, 2004 Terry Nichols is found guilty of 161 counts of first-degree murder and sentenced to 161 consecutive life terms without the possibility of parole
- Syria has Peace talks with Israel
- US Imposes economic sanctions against Iran
- US pulls out of Somalia
- Ken Saro-Wiwa writer and human rights activist is executed in Nigeria despite worldwide pleas for clemency
- Michael Jordan returns to the NBA, ending his retirement.
Record-breaking basketball player Michael Jordan announced that he was coming out of retirement during March of 1995. Jordan rejoined the Chicago Bulls, who he had been playing with since being drafted in 1984. He had previously won three championship games with the Bulls in 1991. 1992, and 1993, before announcing his sudden retirement in late 1993. During 1994 he played Minor League Baseball before deciding to return to basketball in March of 1995. After restarting his career he went on to win three more NBA Finals with the Bulls in 1996, 1997, and 1998. Jordan permanently retired in 2003.
- In a Referendum in Quebec the vote to become independent from Canada is narrowly defeated.
Quebec held a referendum on whether or not the Canadian province should declare its independence during October of 1995. The referendum had the condition that prior to separating there should be an economic and political offer made to Canada which many believed made the question unclear and created confusion. The vote on independence had an extremely high turnout with about 93 percent of registered voters participating and the results were very close. The “No” vote won with 50.58 percent with 2,363,648 votes. The “Yes” vote had 49.42 percent with 2,308,360 votes, a difference of just 54,288.
- Nigeria Expelled from Commonwealth due to Human Rights Abuses
- United Nations intervenes in Bosnian Civil War and cease fire after peace agreement War ends
- A magnitude 7.3 earthquake occurs near Kobe, Japan, killing 6,433 people
- Terrorists release Sarin nerve Gas at Kasumigaseki station killing 12 and sending over 5,000 to hospital
- The United Kingdom's oldest investment banking firm, Barings Bank collapses after a securities broker Nick Leeson has lost $1.4 billion by speculating on the Tokyo Stock Exchange
- Riots break out in Brixton, London
- In New York City, more than 170 countries decide to extend the Nuclear Nonproliferation Treaty indefinitely and without conditions
- The (WTO) World Trade Organization starts as a replacement for GATT
- The Space Shuttle Atlantis docks with the Russian Mir Space Station.
The STS-71 Space Shuttle mission launches on June 27th of 1995. The mission of STS-71 was to dock the Space Shuttle Atlantis at the Russian Mir Space Station. This was the first time that a space shuttle attempted to dock with the Mir space Station and it marked an important accomplishment and moment in space travel. It was also symbolically important in recognizing the cooperation between Russia and the United States only a few years after the end of the Cold War. The mission conducted the first space shuttle exchange of a Mir crew and took U.S. astronaut Norm Thagard back to earth after a 4 month long, record-setting stay aboard Mir.
- Russia is hit by a 7.6 magnitude earthquake killing at least 2000 people
- An unprecedented heat wave strikes the Midwestern United States Temperatures exceed 104°F in the afternoon for 5 straight days. At least 3000 people die, 750 in Chicago, Illinois alone.
- The Dayton accord is signed by leaders of Bosnia, Serbia and Croatia bringing peace to the baltic area.
- The New York times and Washington Post publish the Unibombers 35,000 word manifesto.
- Volcanic eruption in the island of Montserrat
- Bosnian Serbs Take control of the City Srebrenica from Peacekeeping forces and perform the worst case of Ethnic Cleansing since the second World War killing 7,000 Muslim men and raping hundreds of Muslim Women.
- NATO bombing campaign against Serb artillery positions in Bosnia Leads to a Peace agreement
- The Ebola virus kills 244 Africans in Kikwit, Zaire in Central Africa.
- Israeli prime minister Yitzhak Rabin is mortally wounded by a right-wing Israeli gunman.
- In a Referendum in Quebec the vote to become independent from Canada is narrowly defeated
- OJ Simpson is found innocent
- Federal workers were sent home when there is no Money to Pay Federal Workers during budget deadlock
- Dow Jones closes above 5,000 for the first time
- The 55 MPH limit imposed during the Middle East Crisis in 1973 / 1974 is ended
- Nerve Gas put in Tokyo Subway injures thousands
- Steve Fossett Becomes the first person to make a solo flight across the Pacific Ocean in a hot air balloon.
During the month of February in 1995, balloonist Steve Fossett completed the very first solo transpacific balloon flight. Fossett took off from South Korea and landed in Leader, Saskatchewan, Canada. His balloon was named the “Solo Challenger.” Fossett continued to pursue ballooning and other world records during his career as an adventurer until his disappearance in 2007. Fossett’s plane vanished over Nevada during a scouting mission and he was officially declared dead in 2008.
- Major League Baseball players end a 232-day strike
- 42 U.S.C. § 13701, entitled Violent Crime Control and Law Enforcement Act is passed ( informal name Megan's Law ) which helps to make parents aware of the presence of convicted sex offenders in their neighborhood.
- Windows 95 released by Microsoft
- Ebay started the online auction and shopping website, where people buy and sell goods and services worldwide.
- Cosmonaut Valeri Polyakov returns after setting a record for 438 days in space.
- The US Space Shuttle Atlantis docks with the Russian Mir space stationon June 29th for the first time
- The unmanned Galileo spacecraft arrives at the planet Jupiter
- DVD, optical disc storage media format, is announced.
- In southern France a network of caves are discovered that contain paintings and engravings that are 17,000 to 20,000 years old.
Popular Culture 1995
- American rock band Grateful Dead announce break up
- Toy Story first ever wholly computer generated film
- Batman Forever
- Apollo 13
- Ace Ventura: When Nature Calls
- Die Hard With a Vengeance
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.
- Deep Blue Something
- Smashing Pumpkins
- Rage Against The Machine
- Van Halen
- Whitney Houston
- Mariah Carey
- Alanis Morissette
- Garth Brooks
- Blues Traveler
- Janet Jackson
Major World Political Leaders 1995Australia Prime Minister Paul Keating Brazil President Itamar Franco Till 1 January
Brazil President Fernando Henrique Cardoso From 1 January
Canada Prime Minister Jean Chrétien
China Chairman of the People's Republic of China Jiang Zemin
France President François Mitterrand Till 17 May
France President Jacques Chirac From 17 May
Germany Chancellor Helmut Kohl
India Prime Minister P. V. Narasimha Rao
Italy Prime Minister Silvio Berlusconi Till 17 January
Italy Prime Minister Lamberto Dini From 17 January
Japan Prime Minister Tomiichi Murayama Mexico President Ernesto Zedillo Russia / Soviet Union
General Secretary of the CPSU Boris Yeltsin South Africa State President Nelson Mandela United States President Bill Clinton United Kingdom Prime Minister John Major