What happened on February 21, 1990?

Headlines from February 21, 1990

• 🌳 Genetically Engineered Trees – Scientists developed the world's first genetically engineered trees, poplars designed for energy production on large plantations.
• 🇺🇸 Bush Meets Havel – President Bush waived trade restrictions after meeting with Czech President Vaclav Havel, promoting better relations.
• 💼 Canada's Austerity Budget – Prime Minister Brian Mulroney's government unveiled austerity measures to address a significant budget deficit.
• 📈 Greenspan Sees Growth – Federal Reserve Chairman Alan Greenspan indicated that the economy might experience moderate growth this year.
• 💡 New Video Chip – A new generation of chips is being developed to handle the increasing demand for digital video data.
• 📊 Interpublic Net Increases – Interpublic Group reported a 17.6% increase in net income for the fourth quarter of 1989.
• 🌍 Drugs at the U.N – Secretary of State James Baker called for a global program against drug trafficking at the U.N. General Assembly.
• 📉 Stocks Drop – Stocks fell as traders expressed concerns over rising interest rates in the U.S. and abroad.
• 🏦 Sears Small Investor Offer – Sears launched a $250 million certificate offering aimed at retail investors, marking a shift from institutional buyers.
• ⚖️ Supreme Court Ruling – The Supreme Court ruled that parents under court supervision must disclose their child's whereabouts, even if incriminating.