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London / Economy Summit #297914

CBS Evening News for Thursday, Jun 07, 1984
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(Studio) President Reagan's latest prediction of lower interest rates noted coming at econ. summit in London; Prime Min. Margaret Thatcher's hosting of opening ceremonies shown. [REAGAN - believes interest rates are dropping.] Ntns. participating in summit listed.
REPORTER: Dan Rather

(London, England) Persian Gulf and Latin American economy problems facing summit participants discussed; international criticism of high United States interest rates, their impact on unemployment noted. [Former Chancellor Helmut SCHMIDT - condemns United States economic policy's effect on European unemployment.] [Bank of England spokesperson Brian GRIFFITH - fears consequences of major United States deficits, int. rates and reaction of debtor ntns.] Ineffectiveness of past summits and probability of same outcome this year noted.
REPORTER: Tom Fenton

Reporter(s):
Fenton, Tom;
Rather, Dan
Duration:
00:03:00

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