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| 1982 |
| | | Congress in Washington passes the Boland Amendment, banning US military aid to the Contras | |
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| 1983 |
| | | President Reagan proposes a Strategic Defence Initiative (SDI) against nuclear attack | |
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| 1983 |
| | | President Reagan sends US marines to Grenada after the execution of the island's prime minister, Maurice Bishop | |
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| 1984 |
| | | Ronald Reagan is elected for a second presidential term, defeating the Democrat Walter Mondale | |
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| 1985 |
| | | President Reagan's administration breaks a US embargo with secret arms sales to Iran in return for assistance in the release of US hostages in Lebanon | |
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| 1985 |
| | | Oliver North arranges for clandestine money from Iran to provide illegal support for the Nicaraguan Contras | |
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| 1986 |
| | | President Reagan launches an air strike against Libya, accusing Gaddafi of involvement in international terrorism | |
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| 1986 |
| | | Details of the Iran-Contra affair spark a Washington scandal and the criminal prosecution of Oliver North | |
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| 1987 |
| | | The US Congress begins an investigation of the Iran-Contra affair, eventually clearing President Reagan of direct involvement | |
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| 1988 |
| | | Republican George Bush ('read my lips, no new taxes') wins the US presidential election | |
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