IBM announces a $4.97 billion loss for 1992 which is the largest single-year corporate loss in United States history
Iraq disarmament crisis: Iraq refuses to allow UNSCOM inspectors to use its own aircraft to fly into Iraq, and begins military operations in the demilitarized zone between Iraq and Kuwait, and the northern No-Fly Zone. US forces fire approximately 40 Tomahawk cruise missiles at Baghdad factories linked to Iraq's illegal nuclear weapons program. Iraq then informs UNSCOM that it will be able to resume its flights
February 8 - General Motors sues NBC after Dateline NBC allegedly rigged two crashes showing that some GM pickups can easily catch fire if hit in certain places. NBC settles the lawsuit the following day.
March 31 - A bug in a program written by Richard Depew sends an article to 200 newsgroups simultaneously. The term spamming is coined by Joel Furr to describe the incident.
April
April - The Kuwaiti government claims to uncover an Iraqi assassination plot against former US President George H. W. Bush shortly after his visit to Kuwait. Two Iraqi nationals, caught with smuggled hashish and alcohol inside Kuwait, confess to driving a car-bomb into Kuwait on behalf of the Iraq Secret Service [1]
June 18 - Iraq disarmament crisis: Iraq refuses to allow UNSCOM weapons inspectors to install remote-controlled monitoring cameras at two missile engine test stands.
June 27 - US President Bill Clinton orders a cruise missile attack on Iraqi intelligence headquarters in the Al-Mansur District, Baghdad, in response to the attempted assassination of former U.S. President George H. W. Bush during his visit to Kuwait in mid-April
July
July 5 - Iraq disarmament crisis: UN inspection teams leave Iraq. Iraq then agrees to UNSCOM demands and the inspection teams return
July 29 - The Israeli Supreme Court acquits accused Nazi death camp guard John Demjanjuk of all charges and he is set free.
August
August 4 - A federal judge sentences LAPD officers Stacey Koon and Laurence Powell to 30 months in prison for violating motorist Rodney King's civil rights
December 7 - Colin Ferguson opened fire with his Ruger 9mm pistol on a Long Island Railroad train, killing six and injuring 19. The event was dubbed "The Long Island Railroad Massacre."
March 5 - CanadiansprinterBen Johnson is banned from international competition for life after testing positive for banned substances for the second time.
April 30 - During a changeover at a tennis tournament in Hamburg, Germany, Monica Seles is stabbed in the back by a deranged fan of rival Steffi Graf. Seles would not play competitively for more than two years after the incident.
Arna Mer-Khamis / Care and Learning , ORAP (The Organisation of Rural Associations for Progress) / Sithembiso Nyoni , Vandana Shiva, Mary and Carrie Dann