Events of July 27

1921 - Canadians Frederick Banting and Charles Best isolated insulin for the first time, which was later proven to be an effective treatment for diabetes.

1924 - The Olympic Games concluded in Paris.

1949 - The British de Havilland Comet, the first jet-powered aircraft, made its maiden flight.

1953 - The Korean Armistice Agreement was signed in Panmunjom, ending the three-year Korean War, which resulted in the deaths of 1.6 million North Koreans and Chinese, as well as over 118,000 United Nations soldiers.

1980 - The deposed Shah of Iran, Mohammad Reza Pahlavi, died in exile in Egypt.

1996 - A bomb exploded in an amusement park during the Olympic Games in Atlanta, killing two people and injuring 110.

2002 - The worst airshow disaster in history occurred when a Sukhoi Su-27 fighter jet crashed into a crowd of spectators at the Lviv Military Aviation Exhibition, killing 78 and injuring over 100.

2003 - American comedy legend Bob Hope, born in Britain, passed away at the age of 100.

2003 - The world's first genetically modified glowing fish was displayed in Taipei.

2005 - NASA suspended future shuttle flights after a piece of foam insulation detached from the external fuel tank of Discovery during launch.

2008 - Film director Youssef Chahine, a pioneer of Egyptian cinema for over half a century, known for his series of films related to the city of Alexandria on the Mediterranean, passed away.

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