jan 16, 27 BC - Start of Roman Empire
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Gaius Julius Caesar Octavian becomes Roman Consul for the seventh time. His partner Marcus Vipsanius Agrippa becomes Consul for the third time.
January 16 – Octavian formally returns full power to the Senate; they give him the titles of Princeps and Augustus. He accepts this honor, having declined the alternative title of Romulus,[1] thus becoming first Roman emperor.
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