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1987

January

    January 1 – Frobisher Bay, Northwest Territories, changes its name to Iqaluit.
    January 2 – Chadian–Libyan conflict – Battle of Fada: The Chadian army destroys a Libyan armoured brigade.
    January 3 – Aretha Franklin becomes the first woman inducted into the Rock and Roll Hall of Fame.
    January 4 – 1987 Maryland train collision: An Amtrak train en route from Washington, D.C. to Boston, Massachusetts collides with Conrail engines at Chase, Maryland, killing 16.
    January 5 – U.S. President Ronald Reagan undergoes prostate surgery, causing speculation about his physical fitness to continue in office.
    January 8 – The Dow Jones Industrial Average closes for the first time above 2,000, gaining 8.30 to close at 2,002.25.
    January 13 – New York mafiosi Anthony "Fat Tony" Salerno and Carmine Peruccia are sentenced to 100 years in prison for racketeering.
    January 16 – León Febres Cordero, president of Ecuador, is kidnapped by followers of imprisoned general Frank Vargas, who successfully demand the latter's release.
    January 20 – Terry Waite, the special envoy of the Archbishop of Canterbury in Lebanon, is kidnapped in Beirut (released November 1991).
    January 22 – Pennsylvania Treasurer Budd Dwyer shoots and kills himself with a revolver during a televised press conference after being found guilty on charges of bribery, fraud, conspiracy, and racketeering.
    January 29 – William J. Casey ends his term as Director of the Central Intelligence Agency.
    January 31 – The last Ohrbach's department store closes in New York City after 64 years of operation.

February

    February 11
        British Airways is privatised and listed on the London Stock Exchange.
        The new Constitution of the Philippines goes into effect. This new constitution adds Spanish and Arabic as optional languages of the Philippines.
    February 20 – A second Unabomber bomb explodes at a Salt Lake City computer store, injuring the owner.
    February 23 – Supernova 1987A, the first "naked-eye" supernova since 1604, is observed.
    February 25 – St. Kitts and Nevis recognizes the Sahrawi Arab Democratic Republic.
    February 26 – Iran–Contra affair: The Tower Commission rebukes U.S. President Ronald Reagan for not controlling his National Security Council staff.
    February 27 – Antigua and Barbuda recognizes the Sahrawi Arab Democratic Republic.

March

    March 2 – American Motors is acquired by the Chrysler Corporation.
    March 4 – U.S. President Ronald Reagan addresses the American people on the Iran–Contra affair, acknowledging that his overtures to Iran had 'deteriorated' into an arms-for-hostages deal.

MS Herald of Free Enterprise before its capsizing on March 6.

    March 6 – Zeebrugge disaster: Roll-on/roll-off cross-channel ferry MS Herald of Free Enterprise capsizes off Zeebrugge harbor in Belgium; 180 drown.
    March 9 – The Irish rock band U2 releases their studio album The Joshua Tree.
    March 18 – Woodstock of physics: The marathon session of the American Physical Society’s meeting features 51 presentations concerning the science of high-temperature superconductors.
    March 20 – AZT is approved by the United States Food and Drug Administration for use in the treatment of HIV/AIDS.
    March 24 – Michael Eisner, CEO of The Walt Disney Company, and French Prime Minister and future President of France, Jacques Chirac, sign the agreement to construct the 4,800 acres (19 km2) Euro Disney Resort (now called Disneyland Paris) and to develop the Val d'Europe area of the new town Marne-la-Vallée in Paris, France.
    March 29 – The World Wrestling Federation (later WWE) produces WrestleMania III from the Pontiac Silverdome in Pontiac, Michigan. The event is particularly notable for the record attendance of 93,173, the largest recorded attendance for a live indoor sporting event in North America until February 14, 2010, when the 2010 NBA All-Star Game has an attendance of 108,713 at AT&T Stadium.
    March 31 – Margaret Thatcher, Prime Minister of the United Kingdom, is given a 45-minute interview on television in the Soviet Union.

April

    April 3 – Showboat Casino Hotel first opens in Atlantic City, New Jersey.
    April 13 – The governments of the Portuguese Republic and the People's Republic of China sign an agreement in which Macau will be returned to China in 1999.
    April 19 – The Simpsons cartoon first appears as a series of shorts on The Tracey Ullman Show.

    April 27 – The United States Department of Justice declares incumbent Austrian president Kurt Waldheim an "undesirable alien".
    April 30 – Canadian Prime Minister Brian Mulroney and the Provincial Premiers agree on principle to the Meech Lake Accord which would bring Quebec into the constitution.

May

    May 9 – A Soviet-made Ilyushin Il-62 airliner, operated by LOT Polish Airlines, crashes into a forest just outside of Warsaw, killing all 183 people on board.
    May 11 – Klaus Barbie goes on trial in Lyon for war crimes committed during World War II.
    May 14 – Lieutenant Colonel Sitiveni Rabuka executes a bloodless coup in Fiji.
    May 17 – USS Stark is hit by two Iraqi-owned Exocet AM39 air-to-surface missiles killing 47 sailors.
    May 22
        The Hashimpura massacre occurs in Meerut, India.
        The first ever Rugby World Cup kicks off with New Zealand playing Italy at Eden Park, Auckland.
    May 28 – Eighteen-year-old West German pilot Mathias Rust evades Soviet air defenses and lands a private plane on Red Square in Moscow. He is immediately detained (released on August 3, 1988).

June

    June 3 – Trade unionists in Vanuatu found the Vanuatu Labour Party.
    June 8 – The New Zealand Nuclear Free Zone, Disarmament, and Arms Control Act is passed, the first of its kind in the world.
    June 11 – The Conservative Party of the United Kingdom, led by Margaret Thatcher, is re-elected for a third term at the 1987 general election.
    June 12 – During a visit to Berlin, Germany, U.S. President Ronald Reagan challenges Soviet Premier Mikhail Gorbachev to tear down the Berlin Wall.
    June 17 – With the death of the last individual, the Dusky Seaside Sparrow becomes extinct.
    June 19
        Teddy Seymour is officially designated the first black man to sail around the world, when he completes his solo sailing circumnavigation in Frederiksted, St. Croix, of the United States Virgin Islands.
        Edwards v. Aguillard: The Supreme Court of the United States rules that a Louisiana law requiring that creation science be taught in public schools whenever evolution is taught is unconstitutional.
    June 27 – A commercial HS 748 (Philippine Airlines Flight 206) crashes near Baguio City, Philippines, killing 50.
    June 28
        Iraqi warplanes drop mustard-gas bombs on the Iranian town of Sardasht in two separate bombing rounds, on four residential areas. This is the first time a civilian town was targeted by chemical weapons.
        An accidental explosion at the Hohenfels Training Area in West Germany kills 3 U.S. troops.
    June 29 – South Korean president Roh Tae-woo makes a speech promising a wide program of nationwide reforms, the result of June Democracy Movement.
    June 30 – Canada introduces a one dollar coin, nicknamed the "Loonie".

July

    July 1
        The Single European Act is passed by the European Community.
        U.S. President Ronald Reagan nominates former Solicitor General Robert Bork to the Supreme Court. The nomination is later rejected by the Senate.
    July 3
        In the Soviet Union, Vladimir Nikolayev is sentenced to death for cannibalism.
        Greater Manchester Police recover the body of 16-year-old Pauline Reade from Saddleworth Moor, after her killers Ian Brady and Myra Hindley help them in their search, almost exactly 24 years since Pauline was last seen alive.
    July 4 – A court in Lyon sentences former Gestapo boss Klaus Barbie to life imprisonment for crimes against humanity.
    July 11
        Australian Prime Minister Robert Hawke's government is re-elected for a third term.
        World population is estimated to have reached five billion people, according to the United Nations.[1]
    July 12 – Konami releases Metal Gear (video game) in Japan for the MSX2.
    July 17 – The Dow Jones Industrial Average closes above the 2,500 mark for the first time, at 2,510.04.
    July 22 – Palestinian cartoonist Naji Salim al-Ali is shot in London; he dies August 28.
    July 25
        The East Lancashire Railway, a heritage railway in the North West of England, is opened between Bury and Ramsbottom.
        United States Secretary of Commerce Malcolm Baldrige, Jr. dies in a rodeo accident at a California ranch.
    July 31
        Four hundred Iranian pilgrims are killed in clashes with Saudi Arabian security forces in Mecca.
        Docklands Light Railway in London, the first driverless railway in Great Britain, is formally opened by Elizabeth II.
        An F4-rated tornado devastates eastern Edmonton, Alberta; hardest hit are an industrial park and a trailer park. 27 people are killed and hundreds injured, with hundreds more left homeless and jobless.

August

    August 4
        The World Commission on Environment and Development, also known as the Brundtland Commission, publishes its report, Our Common Future.
        The Federal Communications Commission rescinds the Fairness Doctrine, which had required radio and television stations to "fairly" present controversial issues.
    August 7 – The Colombian frigate Caldas enters Venezuelan waters near the Los Monjes Archipelago, sparking the Caldas frigate crisis between both nations.
    August 9 – Hoddle Street massacre in Australia: Julian Knight, 19, goes on a shooting rampage in the Melbourne suburb of Clifton Hill, Victoria, killing 7 people and injuring 19 before surrendering to police.
    August 14
        All the children held at Kia Lama, a rural property on Lake Eildon, Australia, run by the Santiniketan Park Association, are released after a police raid.
    August 16
        Northwest Airlines Flight 255 (a McDonnell Douglas MD-82) crashes on takeoff from Detroit Metropolitan Airport in Romulus, Michigan just west of Detroit killing all but one (4-year old Cecelia Cichan) of the 156 people on board.
        The followers of the Harmonic Convergence claim it was observed around the world.
    August 17 – Rudolf Hess is found dead in his cell in Spandau Prison. Hess, 93, is believed to have committed suicide by hanging himself with an electrical flex. He was the last remaining prisoner at the complex, which is soon demolished.
    August 19
        ABC News' chief Middle East correspondent Charles Glass escapes his Hezbollah kidnappers in Beirut, Lebanon, after 62 days in captivity.
        The Order of the Garter is opened to women.
    August 31 – Michael Jackson releases his hit album Bad.

September
Performance of the Dow Jones Industrial Index during Black Monday

    September 2 – In Moscow, the trial begins for 19-year-old pilot Mathias Rust, who flew his Cessna airplane into Red Square in May.
    September 3 – In a coup d'état in Burundi, President Jean-Baptiste Bagaza is deposed by Major Pierre Buyoya.
    September 7 – September 21 – The world's first conference on artificial life is held at Los Alamos National Laboratory.
    September 13 – Scavengers open an old radiation source abandoned in a hospital in Goiânia, causing the worst radiation accident ever in an urban area.
    September 17 – At a small rally in New York City's Harlem district, televangelist Pat Robertson announces his candidacy for the 1988 Republican presidential nomination.
    September 28 – The second Star Trek TV series The Next Generation premieres in syndication.

October

    October 3 – The Canada–United States Free Trade Agreement is reached but still requires ratification. This agreement would be a precursor to NAFTA.
    October 7 – Sikh nationalists declares the independence of Khalistan from India.
    October 11 – The first National Coming Out Day is held in celebration of the second National March on Washington for Lesbian and Gay Rights.
    October 14–October 16 – The United States is caught up in a drama that unfolds on television as a young child, Jessica McClure, falls down a well in Midland, Texas, and is later rescued.

October 16: aftermath of the Great Storm of 1987.

    October 15–October 16 – Great Storm of 1987: Hurricane-force winds hit much of southern England, killing 23 people.
    October 19
        Black Monday: Stock market levels fall sharply on Wall Street and around the world.
        U.S. warships destroy 2 Iranian oil platforms in the Persian Gulf.
        Two commuter trains collide head-on on the outskirts of Jakarta, Indonesia; 102 are killed.
    October 22 – The pilot of a British Aerospace BAE Harrier GR5 registered ZD325 accidentally ejects from his aircraft. The jet continues to fly until it runs out of fuel and crashes into the Irish Sea.[2]
    October 23
        Champion English jockey Lester Piggott is jailed for 3 years after being convicted of tax evasion.
        On a vote of 58–42, the United States Senate rejects President Ronald Reagan's nomination of Robert Bork to the Supreme Court because of the Saturday Night Massacre in 1973.
    October 26 – The Dow Jones Industrial Average goes down 156.83 points.

November
November 18: King's Cross St. Pancras tube station catches fire.

    November 1 – InterCity 125 breaks world diesel powered train speed record reaching 238 km/h (147.88 mph).
    November 7
        Zine El Abidine Ben Ali assumes the Presidency of Tunisia.
        Lynne Cox swims between the Diomede Islands from the American Little Diomede Island to the Soviet Big Diomede Island.
    November 8 – Enniskillen bombing: Eleven people are killed by a Provisional Irish Republican Army bomb at a Remembrance Day service at Enniskillen.
    November 12 – The first Kentucky Fried Chicken restaurant in Mainland China opens in Beijing, near Tiananmen Square.
    November 15 – In Brașov, Romania, workers rebel against the communist regime led by Nicolae Ceaușescu.
    November 16 – The Parlatino Treaty of Institutionalization is signed.
    November 17 – A tsunami hits the Gulf of Alaska.
    November 18
        The King's Cross fire on the London Underground kills 31 people and injures a further 100.
        Iran–Contra affair: U.S. Senate and House panels release reports charging President Ronald Reagan with 'ultimate responsibility' for the affair.
    November 22 – Max Headroom broadcast signal intrusion – unknown perpetrators hijack the signal of WGN-TV for about 20 seconds, and WTTW for about 90 seconds, and displays a strange video of a man in a Max Headroom mask.
    November 25 – Category 5 Typhoon Nina smashes the Philippines with 165 miles per hour (266 km/h) winds and a devastating storm surge, causing destruction and 1,036 deaths.
    November 28 – South African Airways Flight 295 crashes into the Indian ocean off Mauritius, due to a fire in the cargo hold; the 159 passengers and crew perish.
    November 29 – Korean Air Flight 858 is blown up over the Andaman Sea, killing 115 crew and passengers. North Korean agents are responsible for the bombing.

December

    December 1
        NASA announces the names of 4 companies awarded contracts to help build Space Station Freedom: Boeing Aerospace, General Electric's Astro-Space Division, McDonnell Douglas, and the Rocketdyne Division of Rockwell.
        Queensland: Following a week of turmoil from his National Party of Australia colleagues, Joh Bjelke-Petersen resigns as Premier of Queensland. He is replaced by Mike Ahern, the only premier never to contest an election as premier.
    December 2 – Hustler Magazine v. Falwell is argued before the U.S. Supreme Court.
    December 7 – Pacific Southwest Airlines Flight 1771 crashes near Paso Robles, California, killing all 43 on board, after a disgruntled passenger shoots his ex-supervisor on the flight, then shoots both pilots.
    December 8
        Israeli–Palestinian conflict: The First Intifada begins in the Gaza Strip and West Bank.
        Queen Street massacre: In Melbourne, Australia, 22-year-old Frank Vitkovic kills 8 and injures another 5 in a Post Office building before committing suicide by jumping from the eleventh floor.
        The Intermediate-Range Nuclear Forces Treaty is signed in Washington, D.C. by U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev.
        Alianza Lima air disaster: A Peruvian Navy Fokker F27 crashes near Ventanilla, Peru, killing 43.
    December 9
        General Rahimuddin Khan retires from the Pakistan Army, along with the cabinet of the country's military dictatorship.
        Microsoft releases Windows 2.0.
    December 17
        Gustáv Husák resigns as General Secretary of the Communist Party of Czechoslovakia.
        Mega Man is released in Japan.
    December 18
        Square Co., Ltd. releases Final Fantasy in Japan for the Famicom.
        The Perl programming language is created by Larry Wall.
    December 20 – In history's worst peacetime sea disaster, the passenger ferry MV Doña Paz sinks after colliding with the oil tanker Vector 1 in the Tablas Strait in the Philippines, killing an estimated 4,000 people (1,749 official).
    December 21 – Turgut Özal of ANAP forms the new government of Turkey (46th government).
    December 30 – Pope John Paul II issues the encyclical Sollicitudo Rei Socialis (On Social Concern).