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First confirmed detection of exoplanets with announcement of the discovery of several terrestrial-mass planets orbiting the pulsar PSR B1257+12, by radio astronomers Aleksander Wolszczan and Dale Frail working in the United States.
Paramount Leader of China Deng Xiaoping speaks in Shenzhen during his southern tour, a move that would return China on its right-wing march towards free market economics.
January 22 – Rebel forces occupy Zaire's national radio station in Kinshasa and broadcast a demand for the government's resignation.
Boris Yeltsin announces that Russia will stop targeting cities of the United States and its allies with nuclear weapons. In return President George H. W. Bush announces that the United States and its allies will stop targeting Russia and the remaining communist states with nuclear weapons.
In Mauritania, security forces open fire on violent extremist opponents of President of Mauritania Maaouya Ould Sid'Ahmed Taya, allegedly killing at least four people.
March 24 – The Treaty on Open Skies is signed in Helsinki, Finland, to establish a program of unarmed surveillance flights over the 34 member states. It went into effect on January 1, 2002.
Los Angeles riots: The acquittal of four police officers in the Rodney King beating criminal trial triggers massive rioting in Los Angeles. The riots will last for six days resulting in 63 deaths and over $1 billion in damages before order is restored by the military.
In Sierra Leone, a group of young soldiers launch a military coup that sends president Joseph Saidu Momoh into exile in Guinea, and the National Provisional Ruling Council (NPRC) is established with 25-year-old Captain Valentine Strasser as its chairman and Head of State of the country.
In the Sydney River McDonald's murders in Nova Scotia, Canada, three McDonald's employees are killed and a fourth is left permanently disabled during a botched robbery.
June 16 – A "Joint Understanding" agreement on arms reduction is signed by U.S. President George H. W. Bush and Russian President Boris Yeltsin (this is later codified in START II).
Two German relief workers held since 1989, Thomas Kemptner and Heinrich Struebig, are handed over to the German authorities after their release; they are the last Western hostages in Lebanon.
July 6–29 – Iraq disarmament crisis: Iraq refuses a U.N. inspection team access to the Iraqi Ministry of Agriculture. UNSCOM claims that it has reliable information that the site contains archives related to illegal weapons activities. U.N. inspectors stage a 17-day "sit-in" outside of the building, but leave when their safety is threatened by Iraqi soldiers.
The Cabinet of Israel approves a freeze on new Israeli settlement in the occupied territories, a move expected to reinvigorate the Middle East Peace Process.
July 26 – Iraq agrees to allow U.N. weapons inspectors to search the Iraqi Agricultural Ministry building in Baghdad. When inspectors arrive on July 28 and 29, they find nothing and voice suspicions that Iraqi records have been removed.
September 2 – The 7.7 MwNicaragua earthquake affects the west coast of Nicaragua. With a Ms –Mw disparity of half a unit, this tsunami earthquake triggers a tsunami that causes most of the damage and casualties, with at least 116 killed. Average runup heights are 3–8 meters (9.8–26.2 ft).
Law enforcement officials in the United States, Colombia and Italy announce that they have arrested more than 165 people on money laundering charges related to cocaine trafficking.
Pakistan International Airlines Flight 268 crashes into a mountain while on approach to Tribhuvan International Airport in Kathmandu, Nepal. All 167 occupants on board were killed. The crash of PIA Flight 268 occurred just 2 months after Thai Airways International Flight 311 crashed into a mountain near Kathmandu under similar circumstances, killing all 113 occupants on board.
Israeli cargo plane El Al Flight 1862 crashes into residential buildings in Amsterdam's Bijlmermeer, Netherlands, after taking off from Schiphol Airport and losing two engines, killing all 4 people on board and 39 on the ground.
October 21 – 150,000 coal miners march in London to protest government plans to close coal mines and reduce the number of miners.
October 23 – Emperor of Japan Akihito begins the first imperial visit to China, telling a Beijing audience he feels deep sorrow for the suffering of the Chinese people during World War II.
November 8 – More than 350,000 people rally in Berlin to protest right-wing violence against immigrants; stones and eggs are thrown at President of Germany Richard von Weizsäcker and Chancellor of Germany Helmut Kohl.
December 1 – South Korea and South Africa reestablish diplomatic relations. South Korea previously had diplomatic relations with South Africa from 1961 to 1978, when they were severed by the former due to the latter's policy of apartheid.
December 4 – US President Bush announces the deployment of American troops as part of the United Task Force (UNITAF). The UNITAF troops land at Mogadishu on 9 December.
December 22 – The Archives of Terror are discovered by Martín Almada in Asunción, detailing the fates of thousands of Latin Americans who have been secretly kidnapped, tortured and killed by the security services of Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay in Operation Condor.
Tropical Cyclones in 1992 (PDF). Hong Kong Observatory (Report). September 1994. p. 17. Archived from the original (PDF) on September 30, 2013. Retrieved May 24, 2014.
"Typhoon Plane Crashes". Evening Standard. November 16, 1992. p. 20. – via Lexis Nexis (subscription required)