The European Union and the International Monetary Fund agree to a bailout package for Greece that will provide approximately €120 billion to end the sovereign debt crisis in that country. //www.bloomberg.com/apps/news?pid=20601087sid=a9f8X9yDMcdIpos=1 ("Bloomberg")
Iraq War: U.S. President George W. Bush meets with Democratic Party officials in Congress to try find ways to fund the Iraq War. //news.bbc.co.uk/2/hi/americas/6616361.stm (BBC)
The Labour Party of the United Kingdom return to power for the first time in 18 years, with Tony Blair becoming Prime Minister, in a landslide majority in the 1997 general election.
Wednesday, May 2, 1990
May 2–4 – First talks between the government of South Africa and the African National Congress.
In London, a man brandishing a knife robs a courier of bearer bonds worth £292 million (the largest mugging to date).
Anti-war militants attempt to disrupt government business in Washington, D.C. police and military units arrest as many as 12,000, most of whom are later released.
The Soviet Union announces the fall of Berlin. Soviet soldiers hoist the Red flag over the "Reich Chancellery".! Red Flag over the Reichstag was 29 Apil thumb|Prague liberated by Red Army in May 1945.