CONCORDE CRASHES IN FRANCE, KILLING 113 PEOPLE

Air France Flight 4590 was a Concorde flight from Charles de Gaulle International Airport near Paris, France, travelling to JFK International Airport in New York City. On 25 July 2000 it crashed in Gonesse, France, killing all one hundred passengers and nine crew on board the flight, as well as four people on the ground. …

VLADIMIR PUTIN IS ELECTED PRESIDENT OF RUSSIA

Vladimir Putin rose to the presidency after the unexpected resignation of Boris Yeltsin. He continued through with many of his same policies. Putin began his presidency with an aggressive legal reform of the Russian government. Among his first actions was to group the 89 federal subjects (states of the Russian Federation) into seven federal districts, …

THE WORLD CELEBRATES THE TURN OF THE MILLENIUM

The year 2000 was the first year of the 2000s decade. Popular culture holds the year 2000 as the first year of the 21st century and 3rd millennium, due to a tendency to group the years according to decimal values, as if year zero were counted. According to the Gregorian calendar, this distinction falls to …

THE DOT-COM BUBBLE BURSTS

The dot-com bubble was a speculative bubble covering roughly 1998–2000, during which stock markets in industrialised nations saw their equity value rise sharply from growth in the more recent Internet sector and related technology fields. A combination of rapidly increasing stock prices, market confidence that the companies would turn future profits, individual speculation in stocks, …