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In 1949, the City renamed the facility O'Hare Airport to honor Edward "Butch" O'Hare, the U.S. Navy's first flying ace and Medal of Honor recipient in World War II. [30] Its IATA code (ORD) remained unchanged, however, resulting in O'Hare being one of the few IATA codes bearing no connection to the airport's name or metropolitan area. [23]
From the end of the war until February 2000, the Indian stock market rose by more than 30%. The next Indian national budget included major increases in military spending. There was a surge in patriotism, with many celebrities expressing their support for the Kargil cause. [162]
Brazil's navy once operated some of the most powerful warships in the world with the two Minas Geraes-class dreadnoughts, sparking a naval arms race between Argentina, Brazil, and Chile. [228] Today, it is a green water force and has a group of specialized elite in retaking ships and naval facilities, GRUMEC , unit specially trained to protect ...
Hurricane Andrew was a compact, but very powerful and destructive Category 5 Atlantic hurricane that struck The Bahamas, Florida, and Louisiana in August 1992. It is the most destructive hurricane to ever hit Florida in terms of structures damaged or destroyed, and remained the costliest in financial terms until Hurricane Irma surpassed it 25 years later.
More than 50,000 Brazilian soldiers had died, [75] and war costs were eleven times the government's annual budget. [76] However, the country was so prosperous that the government was able to retire the war debt in only ten years. [77] [78] The conflict was also a stimulus to national production and economic growth. [79]
On May 12, 2016, Michel Temer appointed Henrique Meirelles to the Ministry of Finance, who was seen as an advocate of a more orthodox position in economics, unlike his predecessor in the post, Nelson Barbosa, more identified with a developmentalist line and one of those responsible for creating the new economic matrix in the Dilma government (based on the tripod of low interest rates, a ...
Following the 1984 general election, all of the old Central Executive Committee members except Lee Kuan Yew resigned on 1 January 1985. [19] Lee was first elected Member of Parliament for the Teck Ghee SMC in 1984, at the age of 32. He was subsequently appointed Minister of State for Trade and Industry, and Minister of State for Defence.
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