CBS Evening News for Friday, Jul 05, 1974
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(Studio) Inflation rampant in Israel.
REPORTER: Roger Mudd
(Tel Aviv, Israel) Cost of living index jumped 31% in past 5 mos. Exs. of food prices given. Biggest cause of inflation is defense Security costs leave Israel with tremendous deficit in balance of payments. Govt. announces emergency measures; details given. 5% tax to be placed on everything owned by Israeli except house
REPORTER: Bob Simon
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