1999 The worlds population exceeds Six Billion. The Wars in the Balkans continue to cause suffering in the region, but both sides do come to the table and a peace is agreed. The world prepares for the new millennium parties and computers around the world run testing for the millennium bug which could cause wide scale disruption to business and infrastructure if not fixed. The take up of the Internet and Mobile Phones around the world open up new opportunities for successful entrepreneurs.
Yearly Inflation Rate USA 2.19%
Year End Close Dow Jones Industrial Average 11,497
Interest Rates Year End Federal Reserve 8.50%
Average Cost of new house $131,750.00
Average Income per year $40,810.00
Average Monthly Rent $645.00
Cost of a gallon of Gas $1.22
Average cost of new car $21,050.00
US Postage Stamp 33 cents
1 LB of Bacon $2.59
Ground Coffee per IB $3.41
Loaf of Bread $1.49
Dozen Eggs 89 cents
Below are some Prices for UK guides in Pounds Stirling
Average House Price 79,384
Interest Rates Year End Bank of England 5.50%
FTSE 100 Average 6500
Renewed fighting between Pakistan and India over Kashmir
Democracy restored to Indonesia
Ford Aquires Volvo
2 Devastating Earthquakes kill 14,000 people in Turkey
Serbs accelerate ethnic cleansing of Kosovo Albanians leading to a NATO bombing attack
New multi party assembly in Northern Ireland meets restoring self rule after 22 years
The human population of the world surpassed six billion.
Euro currency introduced
Great Britain Introduces the Minimum Hourly Wage Rate of all adults must be paid at least £3.60 an hour
Bertrand Piccard and Brian Jones circumnavigate the world in a hot air balloon without stopping.
A F5 tornado slams in Oklahoma City, Oklahoma killing 38 people
The Dow Jones Industrial Average closes above 11,000 for the first time
The International Criminal Tribunal for the Former Yugoslavia in The Hague, Netherlands indicts Slobodan Miloševic and four others for war crimes and crimes against humanity committed in Kosovo
Lance Armstrong wins first Tour de France.
A powerful, magnitude 5.9 earthquake hits Athens, killing 143 people
Earthquake in central Taiwan kills about 2,400 people.
Jack Kervorkian was sentenced for the second-degree murder of Thomas Youk. ( assisted suicide )
Princess Diana asks the worlds leaders to put a ban on the use of landmines
Two boys 17 and 18 years old go on a rampage at Columbine High School Killing 15
Thirty-one people die in the Ladbroke Grove rail crash, west of London, England.
Earthquake and Tsunami in Vanuatu
Russia offensive on Chechnya using Missile Attacks
Australian voters decided to keep the queen and not become a republic
The Millennium Dome opens in London
The Geneva Convention celibrations for 50th Anniversary
Mattel's Barbie Doll celibrates it's 40th Birthday
Daredevel Evil Knievel Jumps the grand canyon on a rocket powered motorcycle
Torrential rains caused catastrophic floods and mudslides in the coastal regions of Venezuela, killing an estimated 25,000 people and leaving 100,000 others homeless.
Boris Yeltsin resigns as President of Russia, replaced by Vladimir Putin
Dr. Jack Kevorkian, was found guilty of second-degree murder for for giving a lethal injection in a case of voluntary euthanasia
Impeachment Proceedings are bought against President Bill Clinton
The Liberty Bell space capsule recovered in Florida during an expedition sponsored by the Discovery Channel.
Start of Millennium celebrations worldwide (technically the Millennium started in 2001 not 2000).
Now check out our newly updated 1990's music page 90's Music
Cost of Living 1999
How Much things cost in 1999Yearly Inflation Rate USA 2.19%
Year End Close Dow Jones Industrial Average 11,497
Interest Rates Year End Federal Reserve 8.50%
Average Cost of new house $131,750.00
Average Income per year $40,810.00
Average Monthly Rent $645.00
Cost of a gallon of Gas $1.22
Average cost of new car $21,050.00
US Postage Stamp 33 cents
1 LB of Bacon $2.59
Ground Coffee per IB $3.41
Loaf of Bread $1.49
Dozen Eggs 89 cents
Below are some Prices for UK guides in Pounds Stirling
Average House Price 79,384
Interest Rates Year End Bank of England 5.50%
FTSE 100 Average 6500
Events 1999
Technology
- Internet Explorer version 5 released
- The "Melissa" e-mail virus, infects more than 1 million computers worldwide causing more than $80 million in damage, clogging up E-Mail Systems around the world
- The year 2000 problem known as the Y2K problem and the millennium bug was the most important thing on most companies minds in 1999. Critical industries (such as electricity or financial) and government functions could stop working at 12:00 AM, January 1, 2000. This fear was fuelled by the press coverage and other media speculation, as well as corporate and government reports. All over the world companies and organizations checked and upgraded their computer systems.
- My Space was officially introduced to the Internet
- Bluetooth announced.
- The initial release of Napster
- The genetic code that comprise the euchromatic portion of human chromosome 22 is released into the public domain for the good of mankind.
Popular Culture 1999
Popular Films
- Star Wars Episode I: The Phantom Menace
- The Sixth Sense
- Toy Story 2
- The Matrix
- Tarzan
- The Mummy
- Notting Hill
- The World Is Not Enough
- American Beauty
- Austin Powers: The Spy Who Shagged Me
- American Pie
- October Sky
- South Park: Bigger, Longer & Uncut
What do you remember ? Did you go to a Concert that year ?
Please take the time to post your memory on this Page
Popular Musicians
- Lenny Kravitz
- Sarah McLachlan
- Britney Spears
- Enrique Iglesias
- Kid Rock
- Madonna
- Cher
- S Club 7
- Ko?n
- Christina Aguilera
- Whitney Houston
- Mariah Carey
- Backstreet Boys
- Jennifer Lopez
- Pearl Jam
- Foo Fighters
- Ricky Martin
- Eminem
- Limp Bizkit
- The Offspring
- Red Hot Chili Peppers
- Santana
- Shania Twain
- TLC
- blink-182
- Phil Collins
- New Radicals
Popular Television
- Simpsons
- Beverly Hills 90210
- One Foot in the Grave (UK)
- Frasier
- The X-Files
- Chicago Hope
- ER
- Friends
- 7th Heaven
- Everybody Loves Raymond
- Ally McBeal
- Buffy the Vampire Slayer
- King of the Hill
- South Park
- The Practice
- Teletubbies (UK)
- The Wonderful World of Disney
- Becker
- Charmed
- Dawson's Creek
- Sex and the City
- That '70s Show
- The King of Queens
- Who Wants to Be a Millionaire?
- Will & Grace
Now check out our newly updated 1990's music page 90's Music