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Arab Oil / Japan / New Foreign Policy #226346

CBS Evening News for Thursday, Nov 22, 1973
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(Studio) Japan makes concessions in her Mid. E. foreign policy to get oil necessary to run country
REPORTER: Walter Cronkite

(Tokyo, Japan) Japanese foreign mins. decide to switch to pro-Arab policy in hopes of gaining most favored nation status. Japanese foreign minister Ohira outlines new Japanese policy. Threat of oil shortages in Japan touches off hysterical buying &hoarding. Japan completely dependent on other cntrys. for petroleum. So far Premier Tanaka requests energy conservation on voluntary basis; little response noted.
REPORTER: Bruce Dunning

(Studio) Israeli foreign minister Abba Eban hints Japan's new foreign policy could cause repercussions in American market
REPORTER: Walter Cronkite

Cronkite, Walter;
Dunning, Bruce

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