January 6 - The Lunar Prospector spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently shadowed craters near the Moon's poles.
Gunmen hold at least 400 children and teachers hostage for several hours, at an elementary school in Manila, Philippines.
January 29 - In Birmingham, Alabama, a bomb explodes at an abortion clinic, killing 1 and severely wounding another. Serial bomber Eric Rudolph is the prime suspect.
NASA announces that the Clementine probe orbiting the Moon has found enough water in polar craters to support a human colony and rocket fueling station.
March 24 - In Jonesboro, Arkansas, 2 young boys (aged 11 and 13 years) fire upon students at Westside Middle School while hidden in woodlands near the school. Four students and 1 teacher are killed and 10 injured.
Citicorp and Travelers Group announce plans to merge, creating the largest financial-services conglomerate in the world, Citigroup.
George Michael is arrested in a restroom at Will Rogers Memorial Park for committing a lewd act in front of a police officer. This incident leads to him coming out as being gay.
Iraq disarmament crisis: UNSCOM reports to the UN Security Council that Iraq's declaration on its biological weapons program is incomplete and inadequate.
April 16 - An F3 tornado passes through downtown Nashville, Tennessee - the first tornado in 11 years to directly hit a major city. An F5 tornado travels through rural portions south of Nashville (see Nashville Tornado of 1998).
April 25 - A waste reservoir at the Los Frailes mine in Andalusia, Spain ruptures, discharging heavy metal waste into the Guadiamar River. The pollution threatens the sensitive ecosystem and endangered species of Doñana National Park, Spain's largest nature reserve, but is diverted into the Guadalquivir River. Up to 100 km² of farmland are ruined by the spill. [5]
The first euro coins are minted in Pessac, France. Because the final specifications for the coins were not finished in 1998, they will have to be melted and minted again in 1999.
May 15 - Iraq disarmament crisis: UNSCOM learns that an Iraqi delegation has travelled to Bucharest, to meet with scientists who can provide the country with missile guidance systems.
Suharto resigns, after 32 years as President of Indonesia and his 7th consecutive re-election by the Indonesian Parliament (MPR). Suharto's hand-picked Vice President, B. J. Habibie, becomes Indonesia's third president.
May 21-September 30 - Expo '98 is held in Lisbon, Portugal, with the title "Oceans, an Heritage for the Future". UNESCO had previously declared 1998 to be the International Year of the Oceans due to the Expo, which 12 million people attended.