As we start 2012 it is a timely reminder to remember what was going on 25 years ago in 1987.
■ In January The Dow Jones Industrial Average Index (DJIA) closed above 2,000 for the first time.
■ In July The DJIA Index closed above 2,500 for the first time.
■ In October “Black Monday” arrived The DJIA Index crashed to 1600.
■ In December The DJIA Index closed above 2,000.
Fast forward 25 years to now with the index closing above 12,250, even after what has been an awful year.
Other News from 1987:
■ According to the United Nations the World’s population is about to reach 5 Billion. See Millions and Billions.
■ The Great Storm of 1987 brings hurricane force winds to the South of England killing 23 people.
■ Microsoft releases Windows 2.0.
■ The Zeebrugge disaster, 180 passengers drown.
■ Construction of The Channel Tunnel starts.
■ Terry Waite is kidnapped in Beirut.
■ Margaret Thatcher is re-elected for the third term.
■ Greater Manchester Police recover the body of 16-year-old Pauline Reade from Saddleworth Moor, after her killers Ian Brady and Myra Hindley helped them in their search, almost exactly 24 years since Pauline was last seen alive.
■ The East Lancashire Railway, a heritage railway in the North West of England, is opened between Bury and Ramsbottom.
■ The Walt Disney Company sign the agreement to build Disneyland Paris
■ Howard starts his career in Financial Services.