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Bush / Commonwealth / Russian Economy / United States Wheat #341045

CBS Evening News for Friday, Jan 03, 1992
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(Studio: Connie Chung) President Bush's administration reported supporting immediate full membership in the IMF and the World Bank for Russia and five other former Soviet republics. Report introduced.

(Moscow: Tom Fenton) Growing concern over Russian President Boris Yeltsin's drastic economic measures featured; scenes shown of shoppers in Moscow; Yeltsin's opponents reported calling on his government to resign. [Russian government adviser Andrei FYODOROV - predicts Yeltsin's resignation, increased inflation.] [TWO SHOPPERS - (thru translator) complain.] Some republics reported issuing coupons to replace rubles; results given of survey on whether Russians believe capitalism will improve their lives.

(Studio: Connie Chung) Report introduced.

(New York: Regina Blakely) Increase in United States wheat prices due to the demand outpacing the supply featured. [Bakery owner Abram ORWASHER - comments on increase in flour prices.] Role of weather in wheat production noted; United States government reported allowing former Soviet republics to buy almost double the amount of wheat they purchased last year. [SHOPPER - comments.]

Reporter(s):
Blakely, Regina;
Chung, Connie;
Fenton, Tom
Duration:
00:04:20

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