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USSR / Major Visit / Gorbachev / Economy #136823

ABC Evening News for Sunday, Sep 01, 1991
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(Studio: Forrest Sawyer) Promise of economic aid for the USSR from visiting British Prime Minister John Major reported.

(Moscow: Jim Laurie) Major's visit featured; details given of his recognition of the Baltic republics of Estonia, Latvia and Lithuania as free nations and his meetings with President Mikhail Gorbachev and Russian President Boris Yeltsin in which he pushed Western concerns about nuclear weapons; scenes shown. [MAJOR - says we will sponsor their entry into the UN.] [GORBACHEV - (thru translator) says he and Yeltsin have a responsibility to work together.] Their project to outline a plan for a central government and a framework for the old Soviet union noted.

(Moscow: Jim Hickey) Impact of the republics' drive for independence on an already weak economy examined; details given of the devaluation of the ruble and resulting inflation. [Soviet economist Alex BEVZ - says a panic will develop if the republics do not come to terms.] Need for foreign aid for the Soviet union to survive noted.

Reporter(s):
Hickey, Jim;
Laurie, Jim;
Sawyer, Forrest
Duration:
00:04:00

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