On this day

December 13, 1988

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from December 13, 1988

Taiwan Braces for an Export Crisis

By Jeff Hoffman, Special To the New York Times

LEAD: Signals from Washington that the United States will put pressure on Taiwan to revalue its currency upward are causing fears here of sharp reductions in exports. Worries of impending economic crisis are prompting businesses to close factories and lay off workers.

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Banks' Net At Record $5.9 Billion

By Nathaniel C. Nash, Special To the New York Times

LEAD: The nation's commercial banking industry reported a record $5.9 billion in third-quarter profits, the Federal Deposit Insurance Corporation said today. But the agency's chairman warned that the volume of bad loans had increased and that bank involvement in leveraged buyouts should be carefully monitored.

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Plan for Row Houses, Praised Nationally, Debated at Home

By Alan Finder

LEAD: It is New York's most celebrated affordable housing program of the 1980's. Congress and the Reagan Administration have created a new Federal program modeled on it. Yet, despite its national reputation, the Nehemiah plan - which has revived parts of the Brownsville and East New York sections of Brooklyn - faces an uncertain future in New York

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Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of December 7, 1988, covering December 13, 1988.

  1. 1
    Album cover for Rattle And Hum (Soundtrack) by U2

    Rattle And Hum (Soundtrack)

    U2

    Last week
    1
    Peak
    1
    Weeks
    7
  2. 2
    Album cover for Giving You The Best That I Got by Anita Baker

    Giving You The Best That I Got

    Anita Baker

    Last week
    2
    Peak
    2
    Weeks
    6
  3. 3
    Album cover for Cocktail by Soundtrack

    Cocktail

    Soundtrack

    Last week
    4
    Peak
    3
    Weeks
    18
  4. 4
    Album cover for Appetite For Destruction by Guns N' Roses

    Appetite For Destruction

    Guns N' Roses

    Last week
    3
    Peak
    1
    Weeks
    68
  5. 5
    Album cover for New Jersey by Bon Jovi

    New Jersey

    Bon Jovi

    Last week
    5
    Peak
    1
    Weeks
    10

Notable Births

Rickie Fowler

1988Rickie Fowler, American golfer[†]

Rick Yutaka Fowler is an American professional golfer who plays on the PGA Tour. He was the number one ranked amateur golfer in the world for 36 weeks in 2007 and 2008. On January 24, 2016, he reached a career high fourth in the Official World Golf Ranking following his victory in the Abu Dhabi HSBC Golf Championship. He is one of only four golfers to shoot 62 in a major championship, achieving the feat at the 2023 U.S. Open, played at the Los Angeles Country Club.

Historical Events

Chairman of the Palestine Liberation Organization

1988PLO Chairman Yasser Arafat gives a speech at a UN General Assembly meeting in Geneva, Switzerland, after United States authorities refused to grant him a visa to visit UN headquarters in New York.[†]

The Chairman of the Palestine Liberation Organization, officially the Chairman of the Executive Committee of the Palestine Liberation Organization, is the leader of the Executive Committee (EC) of the Palestine Liberation Organization (PLO), the executive body of the PLO, which was established in 1964. The Chairman represents the PLO and the Palestinian people before the international community, including the United Nations. The Chairman is chosen by the members of the PLO EC. Since 29 October 2004, Mahmoud Abbas has been the Chairman of the PLO EC.

Historical Context for December 13, 1988

In 1988, the world population was approximately 5,141,992,542 people[†]