What happened on April 12, 1986?

Headlines from April 12, 1986

• 🌍 Sailing Record Set – Dodge Morgan completed a solo nonstop circumnavigation of the globe, cutting the previous record nearly in half.
• 🏌️‍♂️ Ballesteros Leads Masters – Seve Ballesteros started strong at the 50th Masters, showcasing determination despite limited appearances this year.
• 🤝 U.S. and Soviet Agreement – The U.S. and Soviet Union reached an agreement to enhance security for American soldiers in East Germany.
• 💼 Shevardnadze Visit Set – Soviet Foreign Minister Eduard Shevardnadze is scheduled to visit Washington for summit preparations with President Reagan.
• 🎨 New Artist Emerges – An Impressionist painter debuted at 91, attracting significant attention at a recent art show in East Village.
• 📈 Producer Prices Fall – The Producer Price Index dropped 1.1% in March, marking the third consecutive month of decline, driven by falling gasoline prices.
• 📉 Retail Sales Decline – Retail sales fell by 0.8% in March, the steepest drop in five months, attributed to weak car sales and gasoline prices.
• 🍷 Italian Wine Scandal – The Italian wine industry faces a crisis as a scandal threatens its reputation and could impact European wines.
• 📊 Interfirst Corporation Reports – Interfirst Corporation reported significant earnings, including a $55.7 million gain from the sale of its headquarters.
• 🏛️ Democrats Clash – A public discussion on foreign policy among Democrats turned contentious, revealing divisions within the party.