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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Mar 06, 1978
Page
1
The U S dollar gained on European markets amid Carter Taft Hartley Act forecasts, rebounding after a Tokyo drop. It firmed against most currencies though the British pound advanced later, while gold rose to about 184 dollars an ounce in London and Zurich.
Hua Kuo-feng retained the premiership at the fifth National People’s Congress, emerging as Mao Zedong’s undisputed successor. He consolidated power within the Toose coalition of soldiers, secret police, and old revolutionaries, governing after Mao’s 1976 death and signaling a milestone toward stability and industrial progress in China.
The aging Maoist era ends as Hua Guofeng becomes party chairman and top leader while moderating radicals led by Mao's widow Chiang Ching. Teng Hsiao-ping fails to secure premiership again, Yeh Chien-ying and Hsu Hsiang-chien gain key posts, and Hua drives reforms, rehabilitation of victims, and a measured shift toward openness and discipline.
Ethiopia says it has recaptured Jijiga, a key Ogaden War objective, and troops are advancing toward the Somalia border. Somali forces deny loss. Western Somali Liberation Front claims Ethiopian casualties. Reports from both sides lack independent verification. Jijiga sits near Kara Marda range about 40 miles from the Somali border.
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