Mean Temp 21.3°C 70.34°F at Taegu
May 16, 1950 (Tuesday)
- The Soviet Union announced that it was cutting the remaining reparations, owed to it from East Germany, by half. Of ten billion dollars demanded, the East Germans' payments since 1945 were to amount to $3,658,000,000 by year's end. The remaining $6,342,000,000 was reduced to $3,171,000,000 to be paid by the end of 1965. The announcement came after worldwide protests of the Soviet declaration that it had no more German prisoners of war to return.
- Born: Bruce Coville, American children's author, in Syracuse, New York