Search the Archive

Economy / Surplus / US-Arabs / American Bus. #238303

CBS Evening News for Wednesday, Dec 24, 1975
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Balance of trade surplus was $1.1 billion in November Report on United States relations with Arab oil producers.
REPORTER: Walter Cronkite

(New York) Berlitz Language School teaches 6 week Arabic and other Mideast language course for $3000. Busmen. feel the language could help in relations with oil producers. [US Arab Chamber of Commerce Ruddick LAWRENCE - says Arabs must finish industrialization before oil runs out; great opportunity for US.] United States spends $6 billion year for oil. Arab ntns. buy $10 billion of American services and products. Company in New York sells mobile 1st aid stations to Arabs. [President Med. Coaches Incorporated Ian SMITH - says company has doubled work force.] Orders pour in for motorboats and mayonnaise.
REPORTER: Gary Shepard

(Israel) Coca-Cola forbidden to do business with Arab ntns. Blacklist directed against 1000's of American firms; reasons cited. Arab ntns. buy auto parts from Ford Motor Company, also on blacklist. "Forbes", American business magazine, publishes in Arabic. Israeli support at issue in blacklisting.
REPORTER: Gary Shepard

(New York) [LAWRENCE - advises setting up personal relations with Arabs.] Mideast ntns. may be turning United States economy around.
REPORTER: Gary Shepard

Cronkite, Walter;
Shepard, Gary

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.