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Iraq Invasion of Kuwait / Oil Impact #130600

ABC Evening News for Monday, Aug 06, 1990
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(Studio: Peter Jennings) Report introduced.

(New York: Bob Jamieson) A look at oil and money in light of Iraqi invasion featured; details given of effect on the stock market, on the embargoing nations of Western Europe and on Japan. [London oil analyst David BOWERS - talks about oil demand.] [Economist Kathleen MOLONY - talks about Japan and oil.] [Washington analyst Adam SIEMANSKI - says there will be a recession.]

(Studio: Peter Jennings) Report introduced.

(New York: Morton Dean) Plunge in Dow Jones averages in response to Middle East crisis reviewed. "Stock Market Report". [First Boston chief economist Allen SINAI - describes other market conditions.]

(Studio: Peter Jennings) Many state attorneys general reported calling for Justice Department to look into sudden increase in gasoline prices.

Reporter(s):
Dean, Morton;
Jamieson, Bob;
Jennings, Peter
Duration:
00:03:10

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