On this day

December 19, 2001

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

Historical Context for December 19, 2001

In 2001, the world population was approximately 6,254,936,459 people[†]

Historical Events

2001A record high barometric pressure of 1,085.6 hectopascals (32.06 inHg) is recorded at Tosontsengel, Khövsgöl, Mongolia.[†]

Atmospheric pressure, also known as air pressure or barometric pressure, is the pressure within the atmosphere of Earth. The standard atmosphere is a unit of pressure defined as 101,325 Pa (1,013.25 hPa), which is equivalent to 1,013.25 millibars, 760 mm Hg, 29.9212 inches Hg, or 14.696 psi. The atm unit is roughly equivalent to the mean sea-level atmospheric pressure on Earth; that is, the Earth's atmospheric pressure at sea level is approximately 1 atm.

1998–2002 Argentine great depression

2001Argentine economic crisis: December riots: Riots erupt in Buenos Aires, Argentina.[†]

The 1998–2002 Argentine great depression was an economic depression in Argentina, which began in the third quarter of 1998 and lasted until the second quarter of 2002. It followed fifteen years of stagnation and a brief period of free-market reforms. The depression, which began after the Russian and Brazilian financial crises, caused widespread unemployment, riots, the fall of the government, a default on the country's foreign debt, the rise of alternative currencies and the end of the peso's fixed exchange rate to the US dollar. The economy shrank by 28 per cent from 1998 to 2002. In terms of income, over 50 per cent of Argentines lived below the official poverty line and 25 per cent were indigent ; seven out of ten Argentine children were poor at the depth of the crisis in 2002.

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Headlines from December 19, 2001

U.S. Will Offer Anthrax Shots For Thousands

By Sheryl Gay Stolberg and David E. Rosenbaum

Federal health officials will offer military's anthrax vaccine, as well as extra medicine, to thousands of Capitol Hill workers and postal employees who were exposed and remain at slight risk even after 60-day antibiotic treatment; shots will be made available as part of experimental study run by Centers for Disease Control, first time government has offered ordinary citizens vaccine against biological weapon; Sec Tommy Thompson explains 'abundance of caution'; few studies in monkeys have found that spores can linger in lungs 75 days after exposure, and that vaccine protected animals; potential side effects, mostly minor, noted (M)

National Desk1069 words

BUSINESS DIGEST

By Unknown Author

LTV, a Big Steel Maker, To Close Unless Aid Arrives LTV, one of the nation's biggest steel makers, will soon shut its doors, barring a government-supplied miracle. If a government-backed loan does not arrive by today, the company will ask a bankruptcy judge to end its labor contract. A shutdown would leave nearly 70,000 retirees and recent employees with no or reduced pensions and health care benefits and force the government to pick up at least some of the tab for what remains. [Page C2.]

Business/Financial Desk529 words

Toshiba Will Abandon Commodity Chip Business

By Ken Belson With Don Kirk

Toshiba Corp abandons commodity memory chip business to concentrate on custom-designed chips, where profit margins are higher; will sell plant in US to Micro Technologies and scrap proposed alliance with Infineon Technologies; is considering whether to halt production of dynamic random access memory chip in Japan by June 2002; photo (M)

Business/Financial Desk772 words

City Ticket Plan Grows; Off Broadway, Some Grouse

By Jesse McKinley

Broadway officials announce new group of shows, including some long-running hits, that will receive city aid through mass public purchase of tickets in January to help shows weather post-Sept 11 box office decline; some Off Broadway producers voice concerns that their theaters are missing out of city's largess; Giuliani administration has agreed to spend $2.5 million on 50,000 tickets at reduced price of $50 (M)

The Arts/Cultural Desk940 words

Random House Begins Layoffs as Executives Fear Long Sales Slump

By David D. Kirkpatrick

Random House, largest publisher of general-interest books, begins round of layoffs as it cuts costs to address what its executives call prolonged downturn in book sales; company's publishing houses--Doubleday Broadway, Ballantine and Bantam Dell--have together laid off at least nine staff members, including several editors, over last two weeks; more layoffs are expected from Knopf, Random House Trade Group, Crown and children's book groups; Random House is part of Bertelsmann AG (M)

Business/Financial Desk700 words

Brazil Takes a Trade Stance and Offers a Warning to U.S.

By Larry Rohter With Jennifer L. Rich

US trade legislation excluding some of Brazil's main exports from negotiations for Free Trade Areas of the Americas prompts warning from Foreign Min Celso Lafer that any attempt by Bush administration to narrow negotiating agenda will be met with 'symmetric' response from Brazil; trade bill requires Bush to seek Congressional approval before reducing tariffs on nearly 300 products, among them some of Brazil's most important exports, including sugar, soybeans and orange juice (M)

Business/Financial Desk640 words