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Today's Events | on horizon | on this day | newslink | Notable | Almanac archive

Friday, January 26, 2001


It is a low probability. Recessions are low probability, they are rare and they happen for numbers of different reasons.

Federal Reserve Chairman Alan Greenspan, in testimony to the Senate Budget Committee, on chances of an economic recession.


today's events

  • On Friday, January 26, "Angel of Death" defendant Efren Saldivar, accused of killing six elderly hospital patients in California, is scheduled for arraignment.
  • U.S. President George W Bush continues meetings with members of Congress. Today's bipartisan session with new members of Congress may include freshman Sen. Hillary Clinton, D-New York.
  • The World Economic Forum is scheduled to meet in Davos, Switzerland.

on the horizon

  • On Saturday, January 27, representatives are scheduled to meet at a North Korean border city to discuss the North's demand for 500,000 kilowatts of electricity a year from South Korea.
  • On Sunday, January 28, the National Football League's Super Bowl will be played in Tampa, Florida.
  • On Monday, January 29, Sweden hosts an international forum to combat intolerance, in Stockholm.
  • On Tuesday, January 30, the Federal Open Market Committee, the U.S. Federal Reserve's top policymaking group, is scheduled to meet in Washington.
  • On Wednesday, January 31, a hearing is scheduled in state court for Oklahoma City bombing co-conspirator Terry Nichols, who is seeking to block state prosecutors from trying his case.


Learn more about the Smithsonian National Air and Space Museum. Click here.


  • Former hockey star Wayne Gretzky is 40.
  • Comedienne Ellen DeGeneres is 43.
  • Actor Paul Newman is 76.
  • Rock guitarist Eddie Van Halen is 46.

on this day

  • In 1784, in a letter to his daughter, Benjamin Franklin expressed unhappiness over the eagle as the symbol of America. He wanted the turkey.
  • In 1802, Congress passed an act calling for a library to be established within the U.S. Capitol.
  • In 1841, Britain formally occupied Hong Kong, which the Chinese had ceded to the British.
  • In 1911, the Richard Strauss opera "Der Rosenkavalier" premiered in Dresden, Germany.
  • In 1942, the first American expeditionary force to go to Europe during World War II went ashore in Northern Ireland.
  • In 1962, the United States launched Ranger 3 to land scientific instruments on the moon, but the probe missed its target by some 22,000 miles.
  • In 1993, former Czechoslovak President Vaclav Havel was elected president of the new Czech Republic.
  • In 1998, President Clinton denied having an affair with a former White House intern, telling reporters, "I did not have sexual relations with that woman, Miss Lewinsky."


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