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Argentina / Economy / Politics #246076

CBS Evening News for Sunday, May 23, 1976
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(Studio) Report on Argentina.
REPORTER: Bob Schieffer

(Buenos Aires, Argentina) Mil. junta took control of government 2 mos. ago. March 1976 film shown. President Isabel Peron placed under arrest and indicted for corruption charges with many others. Workmen at the Econ. Min. cover over remnants of 1st regime of President Juan Peron. Inflation of 600% per yr. conts. Govt. says rate is slowing. Govt. urges self-control. Wage increases ldtd. Govt. tries to increase farm and industry exports. 8000 unsold cars at Ford Motor plant prompt 5-wk. shutdown. Pol. violence still at high level. Govt. led by President Jorge Rafael Videla promises authentic democrat when economy has recovered.

Dow, David;
Schieffer, Bob

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