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HEADLINES ON March 2, 1963
Full News Archive
- Headline: Adenauer's Key Vote on French Pact. Impact: This vote set off a chain reaction of Franco-German cooperation that eventually led to the European Union. If Adenauer had lost, we might be living in a world where 'Eurovision' was just a talent show for German polka bands. Thanks, Adenauer!. Fact: Adenauer's confusion over the pact led to the phrase 'I don't understand' becoming the unofficial motto of many subsequent German politicians..
- Headline: McPherson Crowned World Figure Skating Champion. Impact: McPherson's victory inspired a generation of Canadian figure skaters, leading to the creation of an entire species of Canadian Olympians who can do triple axels while reciting the entire national anthem.. Fact: McPherson's near-perfect performance was so flawless that it caused the Dutch girl to invent a new dance move called 'The McPherson Shuffle' - which, spoiler alert, is not a real thing..
- Headline: U.S. Rejects Soviet Protest on Oil Pipeline. Impact: This rejection solidified the U.S.-Soviet rivalry, leading to decades of mistrust. If only Washington had let the Soviets have their pipes, we might have avoided the Cold War. Or at least had a cooler name for it, like 'The Frosty Friendship'.. Fact: This event was the geopolitical equivalent of telling your neighbor they can't borrow your lawnmower; it escalated quickly into an international feud..
- Headline: SHIFTS IN EUROPE DELAY NATO FORCE; Decisions on Polaris Fleet Hindered by Coming Polls and Bonn's Changes Adenauer in Key Role Some Obstacles Noted SHIFTS IN EUROPE DELAY NATO FORCE. Impact: The delays in NATO decisions led to a prolonged period of uncertainty in Europe, giving rise to a bizarre trend where countries started naming their coffee shops after military strategies. 'The Decisive Latte' was a hit!. Fact: Despite the delays, the phrase 'better latte than never' became a popular saying among European politicians trying to stay optimistic..
- Headline: Chinese Say Russia Jams Their Broadcasts on Rift; Aimed At Khrushchev CHINESE ACCUSE SOVIET OF FRIGHT 'Attempt' at Substitution. Impact: This broadcast jamming incident forced China and the USSR into a more public feud, which eventually led to the great 'Who's the Best Communist?' contest that no one wanted to sponsor.. Fact: The real irony is that Khrushchev was probably just trying to watch his favorite soap opera when the jamming occurred..
- Headline: KURDS THREATEN TO RESUME FIGHT; Leader Bids Iraqis Grant Autonomy or He Will Declare Independence First Public Threat Kurds Told to Be Ready to Fight; Iraq Is Prodded on Autonomy. Impact: This threat was a pivotal moment in Kurdish history, marking the beginning of a long struggle for autonomy that continues to inspire other oppressed groups around the world. Sometimes a threat is just the spark needed for change.. Fact: The Kurds' fight for autonomy has been so persistent that they've almost become the unofficial champions of 'saying no' to oppression..
- Headline: Sidelights; R.C.A. Quarterly Raised to 35c Tidewater Stock Call Timberland Proposal Refined Sugar Up Again T.W.A. Looks Ahead. Impact: The raise in R.C.A. stock triggered a stock market boom that made many investors feel like they were on a rollercoaster. Spoiler: they were not wearing seatbelts.. Fact: Refined sugar prices rising means that sweet tooths everywhere were about to face a serious existential crisis..
- Headline: SOVIET RULES OUT TEST NEGOTIATION; Bars Further Detailed Talks on Atom Pact Until West Accepts Inspection Quota SOVIET RULES OUT TEST NEGOTIATION. Impact: By refusing to negotiate, the Soviets ensured that the arms race would continue, leading to a global game of chicken that almost resulted in a very different version of 'Duck Duck Goose'.. Fact: This refusal to negotiate was the diplomatic equivalent of slamming the door in someone's face and then pretending you can't hear them knock..
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1963, it would be worth $33,061,595 today (33061.6x return)
DIS
Disney
Disney - If you invested $1,000 in 1963, it would be worth $2,434,960 today (2435.0x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1963, it would be worth $387,746 today (387.7x return)