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Economy Summit #480378

NBC Evening News for Monday, Nov 17, 1975
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(Rambouillet, France) 6 leaders conferred on economy issues. President Ford agrees to future minor restrictions on freedom of dollar. Ford tells group, especially Japan's Takeo Miki, that United States planning no new trade barriers. Decided that consumer confidence restoration necessary. Ldrs. gather in city hall to sum up. French President Valery Giscard d'Estaing cites meeting as important. [FORD - found new spirit here of cooperation and confidence from understanding of our common destiny and conviction that free can master their future. As result of work started, people can look for more jobs, less inflation and greater sense of economy security.] No specific results of meeting
REPORTER: Tom Brokaw

(Studio) Decided that central banks should act together to avoid wide swings in international exchange rates. Dollar increases in value.
REPORTER: John Chancellor

Brokaw, Tom;
Chancellor, John

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