NBC Evening News for Friday, Jun 20, 1980
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(Studio) President Carter's departure from Rome tomorrow for Venice economy summit noted.
REPORTER: John Chancellor
(No location given) Rituals accompanying economy summits recalled; films shown. [November 17, 1975, Gerald FORD - pronounces summit a success.] Probability of little if any success coming from Venice summit considered; President Carter, Chancellor Helmut Schmidt and President Giscard d'Estaing noted all facing elec year Death of Japan's Prime Min. Masayoshi Ohira mentioned. General econ. situation in US, France, West Germany, Japan detailed; representative family in each nation named, their economy situations described. [Ambassador Henry OWEN - notes diff. between economy problems now and those of the Great Depression.] Problems dealt with by 1975 Rambouillet, 1976 Puerto Rico, 1977 London, 1978 Bonn and 1979 Tokyo economy summits and the results outlined on screen; films shown. Criticism of political leaders and shallowness of Venice summit said discussed in report by former economy advisers, [Former trade ambassador Harald MALMGREN - notes emptiness of Venice summit.] Probable futility of Venice summit explained.
REPORTER: Irving R. Levine