What happened on August 22, 1986?

Headlines from August 22, 1986

• ☢️ Chernobyl Disaster Impact – The Chernobyl disaster caused extensive radioactive contamination, affecting a wider area than previously reported, with long-term evacuation for residents.
• 🇺🇸 Reagan Signs Debt Action – President Reagan signed a $32 billion extension of the Federal Government's credit through September 30, as announced by the White House.
• 🏅 ABC Radio Gets Olympics – ABC secured radio rights for the 1988 Winter Olympics in the U.S. without seeking competitive bids from other networks.
• 📈 Mutual Fund Assets Up – Assets of U.S. money market mutual funds rose by $1.1 billion, reaching a total of $231.92 billion for the week ending Wednesday.
• 🏗️ Peking Limits High-Rises – Authorities in Peking imposed restrictions on high-rise construction to preserve the city's traditional architectural character.
• 📊 Boeing Jet Order – Trans European Airways and Air Malta ordered seven new Boeing 737 jets valued at $185 million, according to Boeing.
• 🏆 Swim Record Set – East German swimmer Sylvia Gerasch set a new world record at the swimming championships, reclaiming her title after a previous loss.
• 🎨 Avant-Garde Art Show – An exhibition showcasing China's avant-garde art opened, challenging perceptions of modernism associated with the country.
• 📉 Magazine Ads Drop – July saw an 8.3% decrease in magazine ad pages, reflecting a decline in advertising revenue compared to the previous year.
• 📅 28 Years of Saint Laurent – A retrospective exhibit celebrating 28 years of Yves Saint Laurent's fashion opened at the Museum of Fashion in Paris.