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1987

1987 was marked by significant geopolitical, environmental, and cultural shifts amid the closing years of the Cold War. In international security, the United States and the Soviet Union moved toward arms control with the signing of the Intermediate-Range Nuclear Forces Treaty in December. In environmental diplomacy, the Montreal Protocol was adopted to phase out ozone-depleting substances. In the Middle East, the First Intifada began in December 1987.

Economically, markets experienced a global shock known as Black Monday on October 19, 1987, when the Dow

Culturally and technologically, 1987 saw notable film releases such as The Untouchables and The Princess Bride,

Notable births include Lionel Messi (born June 24, 1987). Notable deaths include pop artist Andy Warhol (February

Jones
Industrial
Average
fell
508
points,
about
22.6
percent.
The
crash
reverberated
through
financial
markets
worldwide
and
prompted
reforms
in
trading
systems
and
risk
management.
and
Microsoft
released
Windows
2.0,
expanding
the
graphical
interface
on
personal
computers.
In
sports,
the
inaugural
Rugby
World
Cup
was
held
in
Australia
and
New
Zealand
and
was
won
by
New
Zealand.
In
the
political
sphere,
the
year
also
witnessed
continuing
Cold
War
dynamics
and
shifts
that
would
shape
regional
and
global
affairs
in
the
years
that
followed.
22,
1987).