- January 7
- The Winter Consumer Electronics Show is held in Las Vegas, Nevada. 3DO announces a CD-based entertainment platform, developed by Electronic Arts, Time Warner, Matsushita, and Kleiner Perkins. [9]
- The Fourth Republic of Ghana is inaugurated with Jerry Rawlings as President. [31]
- January 10
- Noorjahan Begum, "adulterous" wife in Bangladesh, stoned to death. [1]
- January 12
- A German court in Berlin drops charges against Erich Honecker (related to shootings at the German-German border) with the justification that he was 80 years old and terminally ill. [37]
- January 14
- The Polish ferry Jan Heweliusz sinks in a storm off the coast of Rügen, Germany in the Baltic Sea, killing 54 people. [1] [31] [522]
- January 15
- In Hokkaido, Japan, a magnitude 7.6 earthquake occurs. Two people killed, 614 injured and substantial damage. [1] [53]
- Salvatore "Totò" Riina, the Mafia boss known as 'The Beast', is arrested in Palermo, Sicily after 23 years as a fugitive. [1] [31]
- January 19
- Israel recognizes Palestinian Liberation Organization as no longer criminal. [1]
- IBM announces a US$4.97 billion loss for 1992, the largest single-year corporate loss in United States history. [31]
- 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 Iraqi no-fly zones. U.S. 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. [31]
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- January 20
- William Jefferson (Blythe) Clinton III is inaugurated as 42nd President of the USA. [1] [31] [731.21]
- Market value of Microsoft reaches US$26.78 billion, above IBM at US$26.76 billion for the first time. Microsoft becomes the highest valued computer industry company, 14th among all public companies. [4]
- January 21
- Singapore-registered tanker Maersk Navigator collides with the empty tanker Sanko Honour in the Andaman Sea en route from Oman to Japan, dumping up to 318 million litres of oil, spreading a slick up to 56km off Sumatra. [522]
- January 23
- Indian Airlines B737 crashes at Aurangabad, 61 die. [1]
- January 25
- Puerto Rico adds English as its second official language. [1]
- January 26
- In Yunnan, China, a magnitude 5.6 earthquake occurs. At least 66 people injured, 6,972 houses destroyed and 21,444 seriously damaged in southwestern Yunnan Province. [53]
- Václav Havel is elected President of the Czech Republic. [31]
- January 27
- DC-3 crashes in Kinshasa, killing 12. [1]
- January 28
- The demilitarized zone between Norway and Sweden is agreed by the two countries to no longer be needed. It was initiated by the 1905 convention, at 15-km wide on both sides of the border. [7]
- January 30
- 100,000 Europeans demonstrate against fascism and racism. [1]
- February 4
- Russian space agency tests a 82-foot wide space mirror. [1]
- February 5
- Grenade explodes in Sarajevo, killing 63 and injuring 160. [1]
- February 8
- Suchoi-24 crashes into Tupolev passenger flight, 134 die. [1]
- February 9
- Army of opium king Khun Sa kills 60 in northeast Burma. [1]
- February 10
- US officially backs peace plan in Bosnia. [1]
- February 12
- James Bulger, age 2, disappears from the Strand Shopping Centre in Liverpool - his body is found on a disused railway in Liverpool two days later. [1] [31]
- February 14
- Fire in Linxi department store in Tangshan China, kills 79. [1]
- February 15
- Bombings by Mafia drug lords kill 14 in Bogotá, Colombia. [1]
- February 17
- Haitian ferry boat capsize in storm, killing approximately 1,215 out of 1,500 passengers. [1] [31]
- February 24
- Yukihiro Matsumoto creates the Ruby computer programming language. [31]
- February 26
- In New York City, a van bomb parked below the North Tower of the World Trade Center explodes, killing six and injuring over 1,000. [1] [31]
- February 28
- Bureau of Alcohol, Tobacco and Firearms agents raid the Branch Davidian compound in Waco, Texas, with a warrant to arrest leader David Koresh on federal firearms violations. Four agents and five Davidians die in the raid and a 51-day standoff begins. [1] [31]
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