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G7 Summit final day

The 44th G7 summit was held in 2018, in La Malbaie, Quebec, Canada. It was the sixth time since 1981 that Canada has hosted the meetings. In 2014, the G7 declared that a meaningful discussion was currently not possible with Russia in the context of the G8. Since then, meetings have continued within the G7 process.

HSBC, the biggest European bank, cut 50,000 jobs

Like other global institutions, HSBC, Europe’s largest bank, has been under severe pressure since the 2008 financial crisis to cut costs, meet stringent new regulatory demands and satisfy restless shareholders. To that end, the British bank said that it would shed as many as 50,000 of its approximately 250,000 jobs.

Margaret Thatcher is reelected in a landslide victory

The 1983 United Kingdom general election gave the Conservative Party under the leadership of Margaret Thatcher the most decisive election victory since that of Labour in 1945. Three future Leaders of the Labour Party were first elected as Members of Parliament at this election—two of them would later hold the office of Prime Minister.

Queen opened revamped Gatwick airport in London

The Queen has opened London's new and extended airport at Gatwick, 25 miles south of the capital. Her Majesty and the Duke of Edinburgh arrived by air from London Airport at Heathrow. Gatwick was one of the world's first airports with an enclosed pier-based terminal, which allowed passengers to walk under cover to waiting areas near the aircraft.

U.S. adopts pay-as-you-go income tax

Withholding of income, Social Security, and Medicare taxes are required in the United States. The plan was developed by Beardsley Ruml, Bernard Baruch, and Milton Friedman in 1942. The government forgave taxes for the year 1941 and started withholding from paychecks. In addition, certain states impose other levies required to be withheld.

Congress of Vienna reshaped European after Napoleon

The Congress of Vienna was a meeting of ambassadors of European states chaired by Austrian statesman Klemens von Metternich and held in Vienna from 1814 to 1815. The objective of the Congress was to provide a long-term peace plan for Europe by settling critical issues arising from the French Revolutionary Wars and the Napoleonic Wars.

Book of Common Prayer is adopted by the Church of England

The Book of Common Prayer is the short title of a number of related prayer books used in the Anglican Communion, as well as by other Christian churches historically related to Anglicanism. The original book, published in 1549 in the reign of Edward VI, was a product of the English Reformation following the break with Rome.

Rome-burning emperor Nero committs suicide

Vindex, governor of the Gaulish territory Gallia Lugdunensis, rebelled. He was supported by Galba, the governor of Hispania Tarraconensis. Rome's discontented civil and military authorities chose Galba as emperor. Nero committed suicide when he learned that he had been tried in absentia and condemned to death as a public enemy.

Anniversaries of the (in)famous

born 1949

Kiran Bedi

born 1939

Dick Vitale