December 1998

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December 1998 was a month with thirty-one days.

The following events also occurred during the month:

  • Exxon announces a US$73.7 billion deal to buy Mobil, thus creating Exxon-Mobil, the second-largest company on the planet by revenue.
  • Iraq disarmament crisis: Iraq announces that United Nations weapons inspections will no longer take place on Friday, the Muslim day of rest. Iraq also refuses to provide test data from the production of missiles and engines.
  • Iraq disarmament crisis: UN Security Council members France, Germany and Russia call for sanctions to end against Iraq. The 3 Security Council members also call for UNSCOM to either be disbanded or for its role to be recast. The U.S. says it will veto any such proposal.
Law and crime
  • The first leap second since June 30, 1997 occurs. In the eurozone, the currency rates of this day are fixed permanently.
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