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Churchill gives his Iron Curtain Speech
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A five-year Hungarian-Yugoslav economic and cooperation treaty is signed.
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President Zoltán Tildy dissolves Parliament and calls elections for August 31.
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The Hungarian Independence Party is formed with Zoltán Pfeiffer as president.
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An Electoral Alliance of the Hungarian National Independence Front is formed by the coalition parties.
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The dissolution of the Hungarian Freedom Party is announced. Its leader, Dezső Sulyok, resigns his parliamentary seat and goes into exile.
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Parliament passes new electoral legislation that narrows the franchise on various political grounds. Over 400,000 people are disenfranchised during August.
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Harry S. Truman is elected
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State of Israel is created
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Deportation of the German-speaking population of Hungary resumes: 36,000 Germans with Hungarian citizenship are moved to the Soviet occupation zone of Germany in the next six months.
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The strength of the Hungarian Army reaches 20,000.
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There is a communist coup and take-over in Czechoslovakia.
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The Social Democratic Party (SZDP) recalls 32 of its members of Parliament.
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The US. joins Nato
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China becomes communist under Mao Zedong