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Economy / United States Outlook / Common Market Meeting #500034

NBC Evening News for Thursday, Jul 06, 1978
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(Studio) New White House economy forecast noted; details given.
REPORTER: David Brinkley

(DC) Details of forecast examined; exs. given, include price increase in Toyota model. [OMB director James McINTYRE - won't hesitate to recommend that President Carter veto any congress legislature exceeding spending total.]
REPORTER: Carole Simpson

(Studio) Upcoming economy summit in West Germany mentioned. Common Mkt. leaders' mtg. in Bremen, West Germany, reported.
REPORTER: John Chancellor

(Bremen, West Germany) Details of Common Mkt. meeting and economy problems discussed there by leaders, include British Prime Min. Callaghan, French President Giscard and West German Chancellor Schmidt, given. Schmidt's proposal for creating European currency that would be kept at constant rate and would replace dollar in world trade outlined. President Carter's opposition to this noted. Carter's expected weakened position at Bonn summit, due to falling popularity in United States and congress failure to enact energy legislature, reported.
REPORTER: Irving R. Levine

(Studio) Retail sales figs. for June given.
REPORTER: David Brinkley

Brinkley, David;
Chancellor, John;
Levine, Irving R.;
Simpson, Carole

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