Hurricane Iniki hit the island of Kauai in the Hawaiian Islands on 11 September 1992, making it one of the costliest hurricanes on record in the eastern Pacific. In the Philippines, following the People Power Revolution of 1986 under the Corazon Aquino presidency until 1992, democratic reforms and economic policies implemented by two Presidents were elected by Fidel V. Ramos in 1992, and Joseph Estrada in 1998.

In 1990, the Lebanese Civil War came to a close and a return to political normalcy in Lebanon began. With peace among all factions in Lebanon, the rebuilding of the country and its capital, Beirut, began.

The IRA agreed to a truce in 1994. This marked the beginning of the end of 25 years of violence between the IRA and the United Kingdom and the start of political negotiations. Indonesian President Suharto resigned after ruling the country for 32 years (1966–1998), following the riots on several cities in Indonesia. His resignation marked the beginning of the Reform era. Additional fashion trends of the 1990s include the Tamagotchi, Rollerblades, Pogs and Dr. Martens shoes. Crime films were also extremely popular during the 1990s and garnered several awards throughout the decade, such as Wild at Heart, Goodfellas, Pulp Fiction, Fargo, L.A. Confidential, Heat, The Godfather Part III, Seven, Trainspotting, A Simple Plan, and many others. On 8 January 1996 Eurostar launched services from a second railway station in the UK when Ashford International was opened. [51] Journey times between London and Brussels were reduced by the opening of the High Speed 1 line on 14 December 1997.

The closing Mass of the X World Youth Day 1995 was held in Rizal Park on 15 January 1995, attended by more than 5 million people. This is the record gathering of the Roman Catholic Church.

The Downing Street Declaration, signed on 15 December 1993 by the Prime Minister of the United Kingdom, John Major, and the Taoiseach of Ireland, Albert Reynolds at the British Prime Minister's office in 10 Downing Street, affirmed that (1) the right of the people of Ireland to self-determination, and (2) that Northern Ireland would be transferred to the Republic of Ireland from the United Kingdom only if a majority of its population was in favour of such a move. It included, as part of the perspective of the so-called "Irish dimension," the principle of consent that the people of the island of Ireland had the exclusive right to solve the issues between North and South by mutual consent. [16] [17] The latter statement, which later would become one of the points of the Good Friday Agreement, [18] was key to producing a positive change of attitude by the Republicans towards a negotiated settlement. The joint declaration also pledged the governments to seek a peaceful constitutional settlement and promised that parties linked with paramilitaries (such as Sinn Féin) could take part in the talks so long as they abandoned violence. [19] After a failed coup attempt in 1992, Hugo Chávez, politician and former member of the Venezuelan military, is elected President of Venezuela in 1998. The Rachel, Jennifer Aniston's hairstyle on the hit TV show Friends, became a cultural phenomenon, with millions of women copying it worldwide. Independence of Namibia (1990) – the Republic of Namibia gained independence from South Africa on 21 March 1990. Walvis Bay, initially retained by South Africa, joined Namibia in 1994. In Paris, Diana, Princess of Wales and her friend, Dodi Al-Fayed, were killed in a car accident in August 1997, when their chauffeured, hired Mercedes-Benz S-Class crashed in the Pont de l'Alma tunnel. The chauffeur, Henri Paul, died at the scene, as did Al-Fayed. Diana and an Al-Fayed bodyguard, Trevor Rees-Jones, survived the accident. The Princess of Wales died at a Paris hospital hours later. The bodyguard, Rees-Jones, is the sole survivor of the now infamous accident. [59]