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Iran / New Developments / Economic Effects #262359

CBS Evening News for Monday, Feb 05, 1979
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(Studio) Ayatollah Khomeini's appointed of own prime minister to head rival government in Iran, as challenge to government of Prime Min. Shahpour Bakhtiar,noted.
REPORTER: Roger Mudd

(Tehran, Iran) Khomeini's announcement of busman. and engineer Mehdi Bazargan as prime minister of his opposition government noted. Background on Bazargan given, include his long opposition to Shah. Khomeini's remarks about formation of his government and those who would oppose it reported [KHOMEINI - (thru interpreter) comments.] Bazargan's statements to reporters outlined; his plans to address nation soon cited.
REPORTER: Richard Roth

(DC) United States officials' belief that Bakhtiar government will soon fold as result of no-confidence vote and that Bazargan will fill prime minister's spot stated. Question of whether army would allow formation of government that would abolish monarchy, instead of staging coup, noted. United States position re: Iran situation and apparent American readiness to make deal with any new Iranian government that is non-Communist reported.
REPORTER: Marvin Kalb

(Studio) United Nations ambassador Andrew Young's comments on United States failure to see Iran's problems, made during interview with West German magazine "Der Spiegel", quoted. Iranian turmoil noted to have helped push gold price in London to record high.
REPORTER: Roger Mudd

(New York City) Effect of Iranian turmoil on gold prices in New York City, due to United States oil purchases from Iran detailed. [Gold trader Ross ROWLAND - comments.] Rumors that South Africa, world's biggest supplier of gold, is negotiating to buy oil with gold reported; effects stated. Predictions about upcoming wholesale price index report and outlook for inflation in United States noted.
REPORTER: Ray Brady

Reporter(s):
Brady, Ray;
Kalb, Marvin;
Mudd, Roger;
Roth, Richard
Duration:
00:05:10

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