1987

Bolivia reintroduces the Boliviano currency.

The Soviet oil tanker Antonio Gramsci suffers a minor shipwreck in Finnish waters en route to the Neste oil refinery in Porvoo, resulting in an oil spill of approximately 570–650 tons.

Woodstock of physics: A marathon session of the American Physical Society's meeting features 51 presentations concerning the science of high-temperature superconductors.

In Colombo, Sri Lanka, the Central Bus Station Bombing kills 113 civilians.

Eighteen-year-old West German pilot Mathias Rust evades Soviet air defenses and lands a private plane on Red Square in Moscow. He is immediately detained (released on August 3, 1988).

An accidental explosion at the Hohenfels Training Area in West Germany kills 3 U.S. troops.

The East Lancashire Railway, a heritage railway in the North West of England, is opened between Bury and Ramsbottom.

Angolan Civil War: The Battle of Cuito Cuanavale begins in Angola and further intensifies the South African Border War.

Honda announces plans to build a second U.S. assembly plant, the East Liberty Auto Plant.

Gaddafi announces that Algeria and Libya have "agreed in principle" to a proposed union of the two states, which Gaddafi suggests should be named "Algibya."

The Soviet Union celebrates the 70th Anniversary of The October Revolution with a Parade on Moscow's Red Square.

NASA announces the names of 4 companies awarded contracts to help build Space Station Freedom: Boeing Aerospace, General Electric's Astro-Space Division, McDonnell Douglas, and the Rocketdyne Division of Rockwell.