Review of the year - 1991
The first Gulf War; US interest rates at a 27 year low; closure of the airline PanAm; BCCI bank scandal and the Maastricht Treaty.
A look back at the main business headlines of 1991. The last 12 months have seen the start and the end of the Gulf war, US interest rates at a 27-year low, the airline PanAm closing, the Bank of Credit and Commerce International (BCCI) scandal and the signing of the Treaty on the European Union, the Maastricht Treaty.
(Picture: A convoy of US Army tanks driving down the road from Kuwait towards Dhahran in the Saudi desert as US troops begin their withdrawal from Kuwait, March 1991 Credit: Mike Nelson/AFP/Getty Images)
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