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| | | World History timeline |
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| 1988 |
| | Yasser Arafat, leader of the PLO, declares that the organization renounces 'terrorism in all its forms' | |
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| 1988 |
| | US architect Frank Gehry builds a strikingly unconventional house for his family in Santa Monica | |
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| c. 1988 |
| | Osama bin Laden's involvement in the fight against Soviet forces in Afghanistan leads to his development of al-Qaeda | |
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| 1988 |
| | Students demonstrating in Rangoon are joined by civilians and monks in what becomes known as the 8888 Uprising (from the date, 8/8/88) | |
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| 1988 |
| | Leading New York Graffiti artist Jean-Michel Basquiat dies of an overdose | |
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| 1988 |
| | The Iran-Iraq war ends with the border between the countries unchanged and more than a million dead | |
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| 1988 |
| | Iraqi dictator Saddam Hussein uses chemical weapons against the Kurds of northern Iraq | |
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| 1988 |
| | Aung San Suu Kyi returns to Burma from England, to look after her dying mother | |
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| 1988 |
| | General Saw Maung seizes power in Burma and crushes the 8888 Uprising, by now nation-wide, with probably about 3000 deaths | |
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| 1988 |
| | Saw Maung calls his new regime the State Law and Order Restoration Council (SLORC) but promises to hold a free election in 1990 | |
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| 1988 |
| | Brazilian racing driver Ayrton Senna wins the first of his three Formula One titles | |
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| 1988 |
| | A new party, the National League for Democracy, is formed in Burma with Aung San Suu Kyi soon becoming its leader | |
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| 1988 |
| | Nine Roman Catholic cardinals attend the 1000th anniversary celebrations of the Russian people being brought into the Orthodox faith | |
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| 1988 |
| | English composer Mark-Anthony Turnage's first opera, Greek, is premiered in Munich | |
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| 1988 |
| | Augusto Pinochet, the only candidate in Chile's presidential election, resigns when he wins less than half the votes cast | |
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| 1988 |
| | English conceptual artist Damien Hirst organizes the first exhibition of the 'Young British Artists', also known as the Britpack | |
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| 1988 |
| | Australian author Peter Carey's novel Oscar and Lucinda wins the Booker Prize | |
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| 1988 |
| | Republican George Bush ('read my lips, no new taxes') wins the US presidential election | |
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| 1988 |
| | M. Butterfly, by US author and composer David Henry Hwang, uses Puccini's opera as its inspiration | |
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| 1988 |
| | 35-year-old Benazir Bhutto, daughter of the executed president, leads a coalition government in Pakistan | |
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| 1988 |
| | A terrorist bomb brings down flight Pan Am 103 over Lockerbie in Scotland | |
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| 1989 |
| | Paraguayan dictator Alfredo Stroessner is toppled by Andrés Rodríguez, who restores democracy to the country | |
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| 1989 |
| | The USSR completes the phased withdrawal of its troops from Aghanistan | |
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| 1989 |
| | The supertanker Exxon Valdez spills vast quantities of oil in Prince William Sound, Alaska | |
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| 1989 |
| | Rupert Murdoch launches Sky, a satellite television channel, in the UK | |
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| 1989 |
| | Carlos Menem is elected president of Argentina and introduces a free market economy | |
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| 1989 |
| | Students, teachers and workers gather in large numbers in Beijing's Tiananmen Square to demand democratic reform | |
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| 1989 |
| | The crowd demonstrating on Beijing's Tiananmen Square swells to more than a million | |
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| 1989 |
| | Confronted with mass popular protest, Deng Xiaoping imposes martial law in China | |
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| 1989 |
| | Uruguay enjoys the first entirely free election since the years of military dictatorship | |
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| 1989 |
| | Ayatollah Khomeini dies and is succeeded by Sayed Ali Khamenei as Iran's leading ayatollah | |
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| 1989 |
| | More than 2000 peaceful demonstrators die after troops open fire in Beijing's Tiananmen Square | |
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| 1989 |
| | US sculptor Richard Serra's Tilted Arc is removed from Federal Plaza, New York, after legal action by local protesters | |
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| 1989 |
| | Slobodan Milosevic is elected president of Serbia | |
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