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| 1982 |
| | | Argentinian footballer Diego Maradona is sold to Barcelona for a new record fee of about £3 million, almost double the highest previous figure | |
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| 1983 |
| | | A civilian government, voted into power in Argentina, prosecutes members of the military junta for civil rights abuses | |
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| 1984 |
| | | Drugs barons in Colombia murder the Minister of Justice, Rodrigo Lara Bonilla, to protect their trade | |
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| 1985 |
| | | Civilian rule is restored in Brazil after Tancredo Neves and Jose Sarney are elected president and vice-president | |
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| 1985 |
| | | With the return of democracy to Bolivia, the 77-year-old Paz Estenssoro is once again elected president | |
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| 1985 |
| | | A dormant volcano erupts in Colombia, burying some 20,000 victims under a deep layer of silt | |
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| 1985 |
| | | Gabriel García Márquez publishes Love in a Time of Cholera, a novel about love rekindled after five decades | |
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| 1986 |
| | | Argentina wins the World Cup quarter final against England with help from Maradona and 'the hand of God' | |
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| 1988 |
| | | Brazilian racing driver Ayrton Senna wins the first of his three Formula One titles | |
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| 1988 |
| | | Augusto Pinochet, the only candidate in Chile's presidential election, resigns when he wins less than half the votes cast | |
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