A 35% Rise In Air Fares Is Expected
LEAD: Fare changes adopted by the major airlines will raise travel costs by about 35 percent for as many as a fifth of the nation's passengers, some Wall Street analysts estimated yesterday.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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LEAD: Fare changes adopted by the major airlines will raise travel costs by about 35 percent for as many as a fifth of the nation's passengers, some Wall Street analysts estimated yesterday.
LEAD: A NEW type of small, nuclear reactor, designed to be immune to meltdown, is being seen by experts as a safer alternative to conventional reactors and on coal- and gas-fired plants whose emissions are have been linked to environmental ills like acid rain and global warming.
LEAD: The dollar rose yesterday, ending for now a precipitous post-election decline. It was bolstered by supportive comments from Japanese finance officials, the American Treasury Secretary, the West Germans and ultimately President-elect Bush.
LEAD: MARKETS The dollar rose after a precipitous post-election decline. The currency was lifted by comments from Japanese finance officials, the American Treasury Secretary, the West Germans and President-elect Bush. Dealers said the Fed also moved to support the dollar in New York after the Bank of Japan bought dollars in Asia.
LEAD: Less than 20 months ago, the building was an abandoned, burned-out hulk on the Lower East Side. Yesterday, with a $2.2 million renovation completed, it was dedicated as the Cube, a cooperative residence believed to be the first in the nation for homeless families.
Music on My Birthday
The Top 50 albums for the chart week of November 9, 1988, covering November 15, 1988.
U2
Guns N' Roses
Bon Jovi
Soundtrack
Def Leppard
1988B.o.B, American rapper, songwriter, and producer[†]
Bobby Ray Simmons Jr., known professionally as B.o.B, is an American rapper, singer, songwriter, and record producer. Raised in Decatur, Georgia, Simmons signed with record producer Jim Jonsin's Rebel Rock Entertainment in 2006. Two years later, he signed a joint venture recording contract with fellow Georgia rapper T.I.'s Grand Hustle Records, an imprint of Atlantic Records. Following his major-label deal, Simmons quickly achieved commercial success when his 2009 debut single, "Nothin' on You", peaked the U.S. Billboard Hot 100 chart and received three nominations—Record of the Year, Best Rap Song, and Best Rap/Sung Collaboration—at the 53rd Grammy Awards.
1988Quanitra Hollingsworth, American-Turkish basketball player[†]
Quanitra Hollingsworth is an American-Turkish professional basketball player for Galatasaray.
1988Morgan Parra, French rugby player[†]
Morgan Parra is a former French rugby union player who played as a scrum-half and occasionally fly-half. He played most of his career with Clermont Auvergne after signing for them from Bourgoin. He is of Portuguese origin through his father, Antonio.
1988Billy Twelvetrees, English rugby player[†]
William Wesley Twelvetrees is a rugby union footballer who plays centre or fly-half for Worcester Warriors. He formerly played as inside centre for the England national team.
1988Billo Frómeta, Dominican conductor and composer (born 1915)[†]
Luis María Frómeta Pereyra most known as Billo Frómeta was a Dominican-Venezuelan orchestra conductor, arranger and composer. Billo's compositions achieve international fame, and those dedicated to Caracas, where he married several times and raised a family, made him the most beloved of composers. He always included Dominican Merengue and mangulinas in his recordings.
1988Ieronymos I of Athens, Greek archbishop and theologian (born 1905)[†]
Ieronymos I was a Greek monk and theologian, who served as the Archbishop of Athens and All Greece and as such the primate of the Autocephalous Orthodox Church of Greece in 1967–1973, during the Greek military junta of 1967–1974.
1988In the Soviet Union, the uncrewed Shuttle Buran makes its only space flight.[†]
The Union of Soviet Socialist Republics (USSR), commonly known as the Soviet Union, was a transcontinental country that spanned much of Eurasia from 1922 until it dissolved in 1991. During its existence, it was the largest country by area, extending across eleven time zones and sharing borders with twelve countries, and the third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of national republics, the largest and most populous of which was the Russian SFSR. In practice, its government and economy were highly centralized. As a one-party state governed by the Communist Party of the Soviet Union (CPSU), it was a flagship communist state. Its capital and largest city was Moscow.
1988Israeli–Palestinian conflict: An independent State of Palestine is proclaimed by the Palestinian National Council.[†]
The Israeli–Palestinian conflict is an ongoing military and political conflict about land and self-determination within the territory of the former Mandatory Palestine. Key aspects of the conflict include the Israeli occupation of the West Bank and Gaza Strip, the status of Jerusalem, Israeli settlements, borders, security, water rights, the permit regime in the West Bank and in the Gaza Strip, Palestinian freedom of movement, and the Palestinian right of return.

1988The first Fairtrade label, Max Havelaar, is launched in the Netherlands.[†]
A fair trade certification is a product certification within the market-based movement of fair trade. The most widely used fair trade certification is FLO International's, the International Fairtrade Certification Mark, used in Europe, Africa, Asia, Australia and New Zealand. Fair Trade Certified Mark is the North American equivalent of the International Fairtrade Certification Mark. As of January 2011, there were more than 1,000 companies certified by FLO International's certification and a further 1,000 or so certified by other ethical and fairtrade certification schemes around the world.
In 1988, the world population was approximately 5,141,992,542 people[†]