Modern Events Essential Question: How have modern events affected you? The Middle East o Israel (1948) The UN approved its creation in response to the Holocaust Continuing tensions between Israelis and Palestinians o OPEC (1960) Alliance of oil-producing nations (mostly in Middle East) 1970s o Richard Nixon Officially recognized communist China Watergate scandal forced him to resign Only US President to resign o Gerald Ford Appointed Vice President Became President when Nixon resigned Only President who was not elected to the Executive Branch Pardoned Nixon o Jimmy Carter Recession and inflation Middle East issues Oil Crisis Iran Hostage Crisis Camp David Accords o Helped negotiate peace agreements between Israel and Egypt (normalized relations) 1990s o George H.W. Bush Persian Gulf War (1st Iraq War) o Globalization European Union (EU) Purpose = promote trade and cooperation in Europe Euro (1999) o Common currency NAFTA Free trade agreement between the U.S., Mexico, and Canada o Bill Clinton Economic prosperity Impeachment Not removed from office 2000s o George W. Bush September 11, 2001 terrorist attacks Wars in Afghanistan and Iraq o Barack Obama 1st African American President Healthcare reform Elimination of terrorist leader Osama bin Laden