2015 Event The U.S. is allocating $300 million to an HIV reduction program for females ages 15 to 24; the goal is to cut infections by 40% by the end of 2017 in Malawi, Kenya, Swaziland, South Africa, Tanzania, Zambia, Uganda, Mozambique, Zimbabwe, and Lesotho 2015 Event After a credit rating downgrade to 'junk' by Standard & Poor's, Brazil implements a $17 billion austerity package that will eliminate ten government ministries, cut public spending, and halt both hiring and salary increases in the public sector 2015 Event The U.S. Environmental Protection Agency is seeking to reduce greenhouse gases from oil and gas operations, proposing a rule to cut methane emissions from these sources by 40 to 45 percent of 2012 baseline levels over the next 10 years 2015 Event California Governor Jerry Brown mandates a 25% cut in water usage, the first required water restriction in the state's history, as severe drought continues; earlier calls for a voluntary 20% reduction were not met 2015 Event The U.S. Federal Reserve has cut its 2015 inflation and economic growth predictions for the U.S. and will likely wait until at least June of this year to raise interest rates 2014 Event The U.S. and China have agreed to cut greenhouse gases, with U.S. President Barack Obama setting a goal of at least a 26 percent reduction over 2005 levels by 2025; China's Xi Jinping is making the nation�s first commitment 2014 Event President Barack Obama proposes a plan to cut carbon emissions from power plants up to 25% over 15 years in order to address climate change; the legislation would give states the freedom to determine how to implement the emission reductions 2014 Event New Italian Prime Minister Matteo Renzi announces plans to cut government spending and use the funds to decrease taxes on individuals and regional businesses; Italy's unemployment rate increased 0.2 percent in January to 12.9 percent 2014 Event The Brazilian government plans to cut its spending by almost $19 billion this year in an effort to reduce the country's debt and inflation growth; economists have revised current year GDP and next year's growth forecast downward in recent weeks 2014 Event The U.S House of Representatives and Senate finalized a long-delayed farm bill designed to cut $19 billion in farm subsidies, and reduce the $8 billion spent on food stamps over the next ten years 2013 Event For reasons of 'strategic national interest', Gambian President Yahya Jammeh announces the nation will cut its diplomatic ties with Taiwan but would remain a friend of Taiwan's people 2013 Event Central Vietnam is hit by Tropical Storm Wutip; over 1,000 houses are damaged, trees are uprooted and power lines are cut 2013 Event Dunedin and Christchurch, New Zealand, have roads cut off and flights cancelled due to adverse weather conditions 2013 Event JPMorgan reveals it plans to cut 17,000 jobs, mostly from its mortgage department, in the next two years 2012 Event Japanese automakers announce plans to cut output in China; they announce plans to suspend operations in the country until after National Day 2012 Event The Japanese press reveals that Sharp Corporation, an electronics company, will cut 5,000 jobs worldwide 2012 Event Deutsche Bank, the German global financial services company, announces plans to cut 1,900 jobs 2012 Event In an attempt to restore profitability, Air France announces plans to cut over 5,000 jobs by the end of 2013 2012 Event The President of France, Niclas Sarkozy, announces a plan to cut immigration to France by 50 per cent 2012 Event Australia's Qantas airlines announces its plan to cut 500 jobs 2012 Event American Airlines' parent company announces it will cut 13,000 jobs or 15% of its workforce 2012 Event U.S. President Barack Obama announces plans to dramatically cut defense spending 2011 Event HSBC bank announces it will cut 5,000 jobs now and 25,000 jobs by 2013 2011 Event Panasonic Corporation reportedly plans to announce it will cut 40,000 jobs 1994 Event New York Giants cut quarterback Phil Simms 1994 Death Rudolf Hrusinsky, Czechoslovakian actor (Short Cut, Golden Eels), dies at 72 1993 Death Cut Meijer, Saul Messel, historian/rabbi to Paramaribo, dies at 80 1988 Event Nippon Airways announces that painting eyeballs on Jets cut bird collisions by 20% 1983 Event OPEC cut oil prices for 1st time in 23 years 1983 Event World Boxing Council becomes 1st to cut boxing from 15 to 12 rounds 1979 Event Indiana Pacers cut Ann Meyers, 1st woman on an NBA club 1973 Event Maximum speed limit cut to 55 MPH as an energy conservation measure 1962 Event Beatles cut "Love Me Do" and "PS I Love You" with Andy White on drums 1959 Event Netherlands Dance Theater opens (Rudi of Dantzig and Cut Flier) 1958 Event Dodgers erect 42-foot screen in left field at LA Coliseum to cut down on home runs, since it is only 250 feet down the line 1955 Birthday Evan Bayh, born in Shirkieville, Indiana, politician, Democrat, U.S. Senator from Indiana, 46th Governor of Indiana, implemented a historic $1.6 billion tax cut for Indiana 1950 Event Indians pitcher Bob Feller, after 15-14 season, takes $20,000 salary cut to $45,000, pay cut is Feller's own suggestion 1941 Birthday Colin Milburn, cricketer, England bat whose career was cut short 1934 Event Babe Ruth signs a 1934 contract for $35,000 ($17,000 cut) 1924 Event Workers at Werkspoor in Amsterdam strike against 3rd wage cut 1920 Birthday Rudolf Hrusinsky, Czechoslovakian actor, Short Cut, Golden Eels 1904 Event Pope Pius X banned low cut dresses in the presence of churchmen 1890 Event Eagle Ave in the Bronx is cut out and named 1865 Event Battle of Sayler's Creek, 1/3rd of Lee's army cut off 1675 Event Russian Czar Aleksei bans foreign hairs cut
