1987 Headline News
    Economist Alan Greenspan succeeds Paul Volcker as chairman of the Federal Reserve Board.
Klaus Barbie, the Nazi World War II "Butcher of Lyon," is sentenced to life imprisonment in France.
Iraqi missile kills 37 sailors aboard the U.S.S. Stark in the Persian Gulf.
New Zealand declares its waters a nuclear-free zone.

The antidepressant Prozac was introduced.


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