Monday, October 17, 2005
1968 Ba’ath Party regains control of Iraq. Saddam Hussein named Vice-President. He immediately begins consolidating power.
Revolutionary Command Council (RCC) formed. It immediately becomes the main decision making organ of Iraq.
1970 Iraqi Settlement with Kurds, their rebellion ends
1971 President Nixon takes the U.S. Dollar off the ‘gold standard’ beginning the free-floating currency exchange system.
Iran occupies Iraqi islands in the Persian Gulf
1972 Iraq begins nationalization of its oil industry
Iraq and Soviet Union sign friendship pact
1973 Iraqi troops occupy As Samitah, a border post in the northeast corner of Kuwait. The Arab League backs Kuwait and the Iraqis withdraw.
The fourth Arab-Israeli War, Yom Kippur, takes place
OPEC announces oil embargo against all nations that supported Israel. The price of oil quadruples.
1974 Kurds, with backing from Iran, start a new rebellion.
1975 Algiers Accord signed by Saddam and Shah of Iran It temporarily ends border disputes and brings the Kurdish rebellion to an end.
King Faisal of Saudi Arabia assassinated
Vietnam War ends, Saigon falls to North Vietnamese
1977 Anwar Sadat becomes first Arab leader to visit Israel
1978 Camp David Accords signed by Egypt and Israel
Shah of Iran faces increased internal opposition
1979 Shah overthrown in Iran, Islamic republic formed.
Militants occupy U.S. Embassy and take hostages
Saddam Hussein becomes Chairman of RCC and President of Iraq
Soviet Union invades Afghanistan
1980 Iraq-Iran War begins
U.S. begins funding Afghan Mujahedeen
Ronald Reagan elected President
1981 Egyptian President Anwar Sadat assassinated
Ronald Reagan signs Top-Secret National Security Decision Directive 17 (NSDD-17) authorizing U.S. support for Contra rebels in Nicaragua
1982 Congress bans further assistance to the Contras
U.S. Forces sent to Lebanon for second time
1983 U.S. Embassy bombed in Beirut, killing 63 people
October 23 Suicide bomber destroys marine barracks in Beirut, 241 marines are killed.
October 25 Geographically challenged Reagan orders invasion of Caribbean Island
nation of Grenada.
Donald Rumsfeld, Special Envoy to Reagan, goes to Iraq and meets with Saddam
1984 Marines pull out of Lebanon
Iran accuses Iraq of using chemical weapons in the war
Rumsfeld returns to Baghdad
Ronald Reagan issues Top secret National Security Decision Directive 139 stating U.S. determination "to avert an Iraqi collapse."
1985 In one of history’s biggest ‘flip-flops’ the Reagan Administration begins negotiations for arms sales to Iran
Reagan signs the secret “Arms for Hostages” finding
1986 Reagan Administration secretly uses money from arms sales to Iran to illegally fund Nicaraguan Contras
Arm sale story breaks in Lebanese Press
Attorney General Edwin Meese admitts that profits from weapons sales to Iran were illegally made available to the Contra rebels in Nicaragua.
1987 An Iraqi jet fighter attacks the Navy ship USS Stark while it is patrolling the Persian Gulf, 37 sailors are killed and 21 others are injured
The U.S. Congress issued its final report on 18 November 1987, which stated that the President bore "ultimate responsibility" for wrongdoing by his aides and his administration exhibited "secrecy, deception, and disdain for the law."
1988 Soviet Union withdraws from Afghanistan
Iran-Iraq war ends
George H.W. Bush elected President
Treasongate Part 1
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