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Flashback calendar

Richard Branson flies its New Space Plane

Richard Branson's spaceship named VSS Unity completed its first flight successful glide test. The glide lasted ten minutes. By June 2017, several glide tests had been completed. One month later, Branson suggested that the craft was to begin powered tests at 3-week intervals.

Russia admits its heading into recession, in unusual move

The Russian government said the economy will contract by 0.8% in 2015. The country revised its 2015 budget based on a lower value for the ruble and oil trading at $80 per barrel, compared to its previous assumption that oil will be trading at $100 barrel next year.

South Korea strikes $55bn bailout with IMF

The IMF was expected to contribute $20bn to a $55bn bailout package with the balance coming mainly from Japan, the USA, and the Asian Development Bank. In return, the IMF insisted on the restructuring of South Korea's inadequate financial institutions.

Gorbachev and Bush declare the end of Cold War at Malta summit

The Malta Summit comprised a meeting between US President George H. W. Bush and Soviet General Secretary Mikhail Gorbachev. During the summit, Bush and Gorbachev would declare an end to the Cold War although whether it was truly such is a matter of debate. News reports of the time referred to the Malta Summit as the most important since 1945.

Judas Priest are sued by two families

The band was involved in a civil action that alleged they were responsible for the self-inflicted gunshot wounds of 20-year-old James Vance and 18-year-old Raymond Belknap in Sparks, Nevada, USA. Part of a song those youngsters were listening was marked by their parents as a subliminal message for committing a suicide. The lawsuit unsuccessful.

Illinois becomes the 21st U.S. state

In December, Illinois became the 21st U.S. state. The capital remained at Kaskaskia, headquartered in a small building rented by the state. In 1819, Vandalia became the capital, and over the next 18 years, three separate buildings were built to serve successively as the capitol building.

Anniversaries of the (in)famous

died 1980

Oswald Mosley

born 1980

Jenna Dewan

born 1979

Sean Parker