1571day.year
The Royal Exchange opens in London.
On January 23, 1571, Queen Elizabeth I inaugurated the Royal Exchange in London, establishing England's first purpose-built commercial trading center.
Inspired by Antwerp's bourse, merchant Thomas Gresham proposed and financed the construction of the Royal Exchange.
Queen Elizabeth I officially opened the grand courtyard where merchants could buy, sell, and negotiate bills of exchange.
Located in the heart of the City of London, it became the nexus of England's burgeoning global trade.
The structure featured an elegant arcade and meeting halls, reflecting the nation's growing wealth.
Over centuries, the Royal Exchange endured fires and rebuilds but remained central to London’s financial life.
Its establishment laid groundwork for modern stock exchanges and corporate finance.
1571
Royal Exchange
1957day.year
American inventor Walter Frederick Morrison sells the rights to his flying disc to the Wham-O toy company, which later renames it the "Frisbee".
Walter Morrison sells his flying disc invention to Wham-O, leading to the birth of the iconic Frisbee toy.
On January 23, 1957, American inventor Walter Frederick Morrison sold the rights to his plastic flying disc to the Wham-O toy company.
Wham-O later rebranded the product as the "Frisbee," turning it into a cultural phenomenon.
Originally conceived as a homemade pastime, the disc gained popularity on American beaches and parks.
The simple yet aerodynamic design made it a favorite for casual play and competitive sports.
Frisbee games and professional disc sports leagues emerged in subsequent decades.
Morrison's invention revolutionized outdoor recreation and remains beloved worldwide.
The Frisbee's enduring legacy showcases the impact of playful innovation on popular culture.
1957
Walter Frederick Morrison
flying disc
Wham-O
2018day.year
The China–United States trade war begins when President Donald Trump places tariffs on Chinese solar panels and washing machines.
On January 23, 2018, the United States imposed tariffs on Chinese solar panels and washing machines, marking the start of the China–US trade war.
On January 23, 2018, President Donald Trump signed orders imposing a 30% tariff on imported solar panels and modules and a 20% tariff on washing machines, primarily targeting Chinese manufacturers. This action officially escalated the growing trade tensions between the world’s two largest economies into an all-out trade war. The Chinese government quickly vowed to retaliate with its own tariffs on key American exports. Economists warned that the tariffs could disrupt global supply chains, raise consumer prices, and slow economic growth. Over the following months, both nations imposed successive rounds of tariffs, reshaping international trade dynamics and prompting widespread debate over protectionism and globalization.
China–United States trade war
Donald Trump
tariffs