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| 1988 |
| | | Barry Levinson directs Dustin Hoffman and Tom Cruise in the film Rain Man | |
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| 1988 |
| | | A protest against the new Burmese currency escalates after the military kill a student activist, Maung Phone Maw, on the campus of Rangoon university | |
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| 1988 |
| | | The Liberals and the SDP merge in Britain to form a single political party, the Liberal Democrats | |
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| 1988 |
| | | A cease-fire withdraws Cuban troops from Angola and South African forces from Angola and Namibia | |
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| 1988 |
| | | British physicist Stephen Hawking explains the cosmos for the general reader in A Brief History of Time: from the Big Bang to Black Holes | |
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| 1988 |
| | | The 'new and permanent' Parliament House of Australia is completed in Canberra | |
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| 1988 |
| | | Britain stops funding Zimbabwe's purchase of land for redistribution, on the grounds that many of the farms are being given to the political elite | |
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| 1988 |
| | | The Soviet leader Mikhail Gorbachev announces that Soviet troops will leave Afghanistan, handing victory to the mujaheddin | |
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| 1988 |
| | | US athlete Carl Lewis sets a new world record for the 100 metres, winning gold at the Seoul Olympics | |
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| 1988 |
| | | A woman is consecrated as Suffragan Bishop of Massachusetts, becoming the first female bishop in the Anglican Communion's historic line of succession from St Peter | |
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