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Iraq Invasion of Kuwait / Embargo #130508

ABC Evening News for Tuesday, Aug 28, 1990
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(Studio: Peter Jennings) Problems in keeping an international economic embargo going and its impact on nations that trade with Iraq examined; details given of trade losses faced by Sri Lanka (tea), Ireland (beef), Australia (wheat), and by countries, such Philippines and India, dependent on Iraqi oil. [Center for Strategic and International Studies Ernest PREEG - says developing countries will be hurt most by embargo.] [Institution for International Economics Jeffrey SCHOTT - talks about oil.] Losses to Egypt of money sent back by its nationals working in the Persian Gulf cited. Word that United States warships kept Chinese cargo vessel from docking in port of Aqaba, Jordan, noted.

Jennings, Peter

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