* 1998 – Alfred Schnittke, Russian composer ( b. 1934 )

In the autumn of 1998 large defaults on Russian debt created significant losses for the hedge fund and LTCM had to unwind several positions.

* 1930 – Yury Artyukhin, Russian engineer and astronaut ( d. 1998 )

* 1910 – Galina Sergeyevna Ulánova, Russian prima ballerina assoluta ( d. 1998 )

Latvia's state budget was balanced in 1997 but the 1998 Russian financial crisis resulted in large deficits, which were reduced from 4 % of GDP in 1999 to 1. 8 % in 2003.

Initially successful with annualized returns of over 40 % ( after fees ) in its first years, in 1998 it lost $ 4. 6 billion in less than four months following the Russian financial crisis requiring financial intervention by the Federal Reserve, with the fund liquidating and dissolving in early 2000.

The Russian ruble devaluation of 1998 had a deleterious effect on Moldova's economy, but economic growth has been steady since 2000.

Average real economic growth leveled off to about 3. 5 % in 1996 – 99 due to the Asian financial crisis, the 1998 Russian financial crisis, and worsening commodity prices, especially copper and gold.

* 1934 – Alfred Schnittke, Russian composer ( d. 1998 )

The first attempt at underwater exploration of the North Pole was made by a Russian firefighter and diver Andrei Rozhkov with a support of Diving Club of Moscow State University on April 22, 1998 but ended in fatality.

High budget deficits caused the 1998 Russian financial crisis and resulted in further GDP decline.

When the Russian economy ’ s collapse came about in August 1998, the market shrank drastically and the ruble fell several cellular operators were squeezed between low traffic and huge foreign currency denominated credits and telecommunications equipment bills.

In 2001, in another context, just after " the nineties ' crises in Mexico, Southeast Asia and Russia ," which included the 1994 economic crisis in Mexico, the 1997 Asian Financial Crisis, and the 1998 Russian financial crisis, Tobin summarized his idea:

The White Russian is the favorite drink of Jeffrey " The Dude " Lebowski, the main character of the 1998 film The Big Lebowski.

At the Russian parliamentary elections in 1995, with a threshold excluding parties under 5 %, more than 45 % of votes were unrepresented ( in 1998, Russian Constitutional Court found the threshold legal, taking into account limits in its use ).

* January 8 – Galina Sergeyevna Ulanova, Russian dancer ( d. 1998 )

* June 22 – Yuri Artyukhin, Russian cosmonaut ( d. 1998 )

The first Hall thruster to fly on a western satellite was a Russian D-55 built by TsNIIMASH, on the NRO's STEX spacecraft, launched on October 3, 1998.

In Russia in 1998 the Institute of the Human Brain ( Russian Academy of Sciences ) started a programme of stereotactic cingulotomy for the treatment of drug addiction.

Although internationally there was negativity surrounding the 1998 Russian financial crisis, the Dow would go on to surpass the 9, 000 level during the month of April in 1998, making its sentimental push towards the symbolic 10, 000 level.

High external debt also caused increasing problems as financial crises affecting other countries ( the Tequila Crisis in Mexico, the East Asian financial crisis, the Russian financial crisis in 1998 ) led to higher interest rates for Argentina as well.

Astana ( Russian /, formerly known as Akmola ( Kazakh: Ақмола / Aqmola, until 1998 ), Целиноград / Tselinograd until 1992 ) and Akmolinsk ( Russian: Акмолинск, until 1961 ), has been the capital of Kazakhstan since 1997, and is the country's second largest city ( after Almaty, the former capital ) with an officially estimated population of 708, 794 as of 1 August 2010.

* 1916 – Jack Brickhouse, American sports broadcaster ( d. 1998 )

Marv Albert was the lead play-by-play broadcaster for the NBA on NBC for most of its run from 1990-2002, calling every NBA Finals during that timeframe except for 1998, 1999 and 2000.

The new digital broadcaster was launched on 15 November 1998, with a lineup of 18 channels, including many channels developed in-house by Carlton and Granada.

* Harry Caray ( 1914 – 1998 ), baseball broadcaster

* " Big Ed " Wilkes ( 1931 – 1998 ), radio broadcaster, taught school at Graham in the early 1950s

Robin Ray ( 17 September 1934 – 29 November 1998 ) was an English broadcaster, actor, and musician.

Although no broadcaster or government has acknowledged operating one of these stations, a 1998 article in The Daily Telegraph quoted a spokesperson for the Department of Trade and Industry ( the government department that, at that time, regulated radio broadcasting in the United Kingdom ) as saying, " These stations are what you suppose they are.

On 20 September 1998, TV3 launched as the first independent commercial broadcaster in Ireland.

* John Gilbert ( broadcaster ) ( 1930 – 1998 ), from Canada

Harry Caray, born Harry Christopher Carabina ( March 1, 1914 – February 18, 1998 ), was an American baseball broadcaster on radio and television.

In 1998, Chip Caray was hired to work alongside his grandfather as broadcaster for the Chicago Cubs.

His first cousin was Janet Huntington Brewster ( September 18, 1910 – December 18, 1998 ) who was an American philanthropist, writer, radio broadcaster and relief worker during World War II in London.

* Mike Ferrin ( class of 1998 ), Sirius / XM radio baseball broadcaster.

Harwell was also honored by the Baseball Hall of Fame in 1981 as the fifth broadcaster to receive its Ford C. Frick Award, and was elected to the Michigan Sports Hall of Fame and the National Radio Hall of Fame in 1998, among many other honors.

The channel launched on 20 September 20 1998 becoming the country's first commercial broadcaster.

Among Girton college's notable alumni are the queen Margrethe II of Denmark, The Huffington Post co-founder Arianna Huffington, the comedian / author Sandi Toksvig, the comedian / broadcaster Phil Hammond and the anthropologist Marilyn Strathern, also Mistress from 1998 to 2009.

David Clayton became BBC Radio Norfolk's Managing Editor in 1998, having been a broadcaster at the station since the early 1980s and the Assistant Editor under Salmon and then Bishop since 1991.

In October 1998 SMG ( now known as STV Group plc ), which also owns the broadcaster STV, committed to putting £ 10 million ($ 18. 7 million ) behind the new paper's launch.

It previously held the free-to-air rights to New Zealand cricket tests and one day internationals from 1999 to 2004, All Blacks rugby tests, Super 12 and the National Provincial Championship from 2000 to 2005 as well as the NRL from 1998 to 2002, but lost these when Sky Network Television bought Prime Television, TV3 also had a weekly sports show and became broadcaster for the Wellington 500.

* Evanka Osmak, ( 1998 ) sports broadcaster

The building also used as the offices for another ill-fated broadcaster, ONdigital, the UK's first digital terrestrial television broadcaster from 1998.

On February 27, 1998 Brickhouse became ill and collapsed while preparing for the funeral of fellow Cubs legendary broadcaster Harry Caray.