The Japan Business Federation, or Keidanren, is established, and Ichirō Ishikawa is appointed its representative.

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If you're in a bad situation, don't worry it'll change. If you're in a good situation, don't worry it'll change.

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Today In History

1962

Cuban Missile Crisis: Soviet Union leader Nikita Khrushchev announces that he had ordered the removal of Soviet missile bases in Cuba.