back in the days - 02/23/1978

in backinthedays •  5 years ago 

Four decades ago,

the original Star Wars movie was released in theaters, Ronald Reagan was sworn in as the 40th president of the United States, the Trans-Alaska pipeline pumped its first barrels of oil, the cold war was was still going on and much more...

Take a brief look 40 years ago.

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  • The British House passed in the third reading a law on the limited autonomy of Scotland region. However, foreign policy, defense, economic policy and taxation continue incumbent exclusively by the British government in London.

  • A committee of the Swiss Federal Council presented the draft of a new Constitution in Bern. She is taken by the 119 articles substantially shorter than the valid Constitution and provides for a strengthening of the federal social and economic powers. The population has full 16 months to comment on the draft.

  • In Ankara, the Turkish Central Bank evaluates the pound against Western currencies by about 15%. Just six days later there will be another devaluation by another 33%. The central bank justified this measure with the poor economic situation of Turkey.
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