On this day: 31 October
ON THIS DAY- On this day in 1517, Martin Luther posted his Ninety-five Theses on a church door in Wittenberg, Germany — a manifesto that turned a protest about an indulgence scandal into the Protestant Reformation. In his theses, “Luther condemned the excesses and corruption of the Roman Catholic Church, especially the papal practice of asking payment — called “indulgences” — for the forgiveness of sins.” In 1992, Pope John Paul II admitted Galileo was right, rectifying the Catholic Church’s wrong persecution of the Italian astronomer and physicist for proving the Earth moves around the Sun, more than 350 years after condemning him. Malaysian Prime Minister Mahathir Mohamad stepped down after 22 years in office on this day in 2003. In 2011, the UN announced that the world’s population passed 7 bn. Indian Prime Minister Indira Gandhi was shot dead on this day in 1984 and magician and escape artist Harry Houdini died in 1926. Two years ago Metrojet flight 9268 crashed in Sinai, killing everyone on board. This time last year, the exchange rate hit what we called “an absurd” rate of EGP 18.00 per USD 1.