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Ireland applies for a massive EU-IMF loan to bail-out its banks

With yields on Irish Government debt rising rapidly, it was clear that the Government would have to seek assistance from the EU and IMF, resulting in a €67.5 billion "bailout" agreement. Together with additional €17.5 billion coming from Ireland's own reserves and pensions, the government received €85 billion.

Law banning smoking on U.S. domestic flights

President Bush signed a bill that banned smoking on all domestic commercial airline flights. The only exceptions were some 6-hour flights to Hawaii and Alaska. The law was resisted by the tobacco industry, however, it was signed at the time of reports on harmful impacts of smoking on public health.

Anniversaries of the (in)famous