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Economy Summit #34825

ABC Evening News for Saturday, Nov 15, 1975
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(Studio) Report on European economy summit.
REPORTER: Ted Koppel

(Rambouillet, France) Ldrs. of 6 major industry demos. meet. Participants: US, France, West Germany, Japan, Great Britain and Italy. United States bid for Canada to come failed. Mtg. held at 14th century hunting lodge. President Ford to try to persuade French President Valery Giscard d`Estaing and others to hang together and deprive oil cartel of power to set prices. Chancellor Helmut Schmidt led discussion on dangers of inflation and recession. Inflation 26% in Britain; they want trade expanded. Officials dine together. Mtg.'s purpose is to build confidence among cntrys. and with their constituents.
REPORTER: Tom Jarriel

Jarriel, Tom;
Koppel, Ted

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