April 24

Events - Economy & Industry

1913day.year

The Woolworth Building, a skyscraper in New York City, is opened.

The Woolworth Building opens in New York City as the world’s tallest skyscraper at its completion, symbolizing early 20th-century architectural ambition.
On April 24, 1913, the Woolworth Building officially opened in New York City. Designed by architect Cass Gilbert, it stood at 792 feet with 55 stories. Financed by retail magnate Frank W. Woolworth, the neo-Gothic tower symbolized business success. It became the tallest building in the world, earning the nickname “Cathedral of Commerce.” The structure featured ornate terra-cotta detailing and a luminous lobby interior. The opening drew crowds and cemented lower Manhattan’s skyline transformation. The Woolworth Building remained a landmark of early 20th-century engineering and design.
1913 Woolworth Building skyscraper
2004day.year

The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction.

The U.S. lifts long-standing economic sanctions on Libya after progress in dismantling its WMD programs.
On April 24, 2004, the United States formally lifted economic sanctions against Libya that had been in place since 1986. The move recognized Libya's decision to abandon its weapons of mass destruction programs and allow international inspections. Sanctions relief included the easing of trade embargoes and financial restrictions, boosting Libya's economic prospects. The policy shift was part of broader diplomatic efforts to reintegrate Libya into the global community. Some critics warned that lifting sanctions too soon could undermine verification of disarmament commitments. Nonetheless, the decision marked a pivotal moment in U.S.-Libyan relations and set a precedent for sanction diplomacy.
2004 economic sanctions Libya weapons of mass destruction