This Day in History: Turkey abandoned its controlled currency regime and floated the lira in an effort to end a financial crisis
The following are some of the major events to have occurred on February 22:
1924 – Calvin Coolidge became the first U.S. president to give a radio broadcast from the White House.
1942 – Stefan Zweig, the Austrian writer, committed suicide in Brazil.
1980 – Israel introduced a new currency, the shekel, replacing the pound.
1987 – U.S. pop artist Andy Warhol died.
1998 – Turkey’s Islam-based Welfare Party ceased to exist after losing a bitter fight with the secular establishment over the role of Islam.
2001 – Turkey abandoned its controlled currency regime and floated the lira in an effort to end a financial crisis set off by a dispute between the prime minister and the president.
2005 – An earthquake of 6.4 magnitude struck Iran’s southeastern province of Kerman, killing 612 people and destroying several mountain villages.
2008 – Russia’s Irina Simagina sets new world record for women’s long jump.
2012 – Argentina train crash injures hundreds.
2014 – Ukraine parliament ousts President Viktor Yanukovich.
2015 – Dozens dead after Bangladesh ferry capsizes.
(Reuters)
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