Today in 1922, 101 years ago: the German Government declares itself incapable of paying the war reparations it owes and proposes to reduce them to a quarter.

#OnThisDay

Today in 1971, 52 years ago: in the United States, President Richard Nixon ends the gold standard by announcing the suspension of the metal convertibility of the US dollar (Nixon Shock).

#OnThisDay

Today in 1942, 81 years ago: World War II: Operation Pedestal: The oil tanker SS Ohio reaches the island of Malta barely afloat carrying vital fuel supplies for the island's defenses.

#OnThisDay

Today in 1965, 58 years ago: in New York (United States), the British band The Beatles performs a recital in front of 60,000 people at Shea Stadium. This event is considered to be the beginning of “stadium rock”

#OnThisDay

Today in 1519, 504 years ago: Pedrarias Dávila founded the city of Nuestra Señora de la Asunción de Panamá.

#OnThisDay

Today in 1963, 60 years ago: President Fulbert Youlou is overthrown in the Republic of the Congo, after a three-day uprising in the capital.

#OnThisDay

Today in 1971, 52 years ago: Bahrain becomes independent from the British Empire.

#OnThisDay

Today in 1985, 38 years ago: Signing of the Assam Accord, an agreement between representatives of the Government of India and the leaders of the Assam Movement to end the movement.

#OnThisDay

Today in 1990, 33 years ago: the Government of Mozambique legalizes "multipartyism" (partidocracia)

#OnThisDay

Today in 1962, 61 years ago: in the United States, Amazing Fantasy magazine No. 15 goes on sale, showing the first appearance of the teenage hero Spider-Man, created by Stan Lee and Steve Ditko.

#OnThisDay

Today in 1938, 85 years ago: the British ship Queen Mary conquers the "blue ribbon" on the crossing of the Atlantic.

#OnThisDay

Today in 1805, 218 years ago: on Monte Sacro (Rome), the future Venezuelan Liberator Simón Bolívar, before Simón Rodríguez, his former teacher and tutor, swears the freedom of his homeland and of all America.

#OnThisDay

Today in 1863, 160 years ago: The Anglo-Satsuma War begins between the Satsuma Domain of Japan and the United Kingdom (Traditional Japanese date: July 2, 1863).

#OnThisDay

Today in 1599, 424 years ago: Nine Years' War: Battle of Curlew Pass: Irish forces led by Hugh Roe O'Donnell successfully ambush English forces, led by Sir Conyers Clifford, sent to relieve Collooney Castle.

#OnThisDay

Today in 1941, 82 years ago: Corporal Josef Jakobs is executed by firing squad at the Tower of London at 07:12, making him the last person to be executed at the Tower for espionage.

#OnThisDay

Today in 1939, 84 years ago: Twenty-six Junkers Ju 87 bombers commanded by Walter Sigel meet unexpected ground fog during a dive-bombing demonstration for Luftwaffe generals at Neuhammer. Thirteen of them crash and burn.

#OnThisDay

*1511 – Afonso de Albuquerque of Portugal conquers Malacca, the capital of the Malacca Sultanate.

#OnThisDay

Today in 1915, 108 years ago: in New York (United States), an article in the New York World newspaper reveals that the German Government bought two million dollars of phenol from the American businessman Thomas Edison, for the German factory Bayer to manufacture aspirin; otherwise that phenol would have been sold to Great Britain to manufacture explosives for World War.

#OnThisDay

Today in 1935, 88 years ago: Will Rogers and Wiley Post are killed after their aircraft develops engine problems during takeoff in Barrow, Alaska.

#OnThisDay

Today in 2003, 20 years ago: in Paraguay, Nicanor Duarte Frutos takes over as president.

#OnThisDay