On this day: 11 October

ON THIS DAY- On this day in 1987, a major sonar exploration of Loch Ness in Scotland was called off after failing to find Nessie. In China, in 1976, Communist Party, Hua Guofeng ordered the arrest of four leading radicals in Peking a month after Chairman Mao Zedong’s death. “The so-called Gang of Four is led by Chairman Mao’s widow Jian Qing, and includes Wang Hongwen, Yao Wenyuan, and Zhang Chunqiao. They were active proponents of the Cultural Revolution instigated ten years ago by Chairman Mao,” BBC says. Also on this day, US President Jimmy Carter was awarded the Nobel Peace Prize for his “effort to find peaceful solutions to international conflicts,” and in particular, his mediation of peace talks between Egypt and Israel between 1977 and 1981. Two years ago, Enterprise readers were learning that Naguib Sawiris was bidding to acquire Beltone and CBE was gunning for a ban on imports of luxury goods. On this day last year, Enterprise covered reports that Saudi Arabia denied it was stopping oil shipments to Egypt.