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Special Segment: South America (Brazil: Democracy In Debt) (Part II) #548310

NBC Evening News for Tuesday, Feb 11, 1986
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(Studio: Tom Brokaw) Report introduced

(Boone, North Carolina: Garrick Utley) Impact of Brazil's foreign debt crisis on US explained, discussed; Sue Isaacs cited as example [ISAACS, Virginia WOODRING - blame Brazilian shoe imports for loss of their jobs.] Amt. loaned Brazil by North Carolina National Bank noted. [Bank vice president Mark PADEN - cites need for Brazil to export to repay foreign debts.] Brazilian town's reliance on shoe industry and exports to US described. [Keller Shoe Company spokesperson Jose Paim de ANDRADE - lists United States shoe chains buying Brazilian shoes.] Wages of 1 Brazilian worker (named) cited as example of benefits to United States companies [WORKER - (thru translator) is proud of his life.] Feared effect of cntry.'s inflation discussed. US-Brazilian economy dependence on each other outlined. [AM. - feels banks should lose their money rather than United States workers their jobs.] [ISAACS - cites workers' frustration.]

(Studio: Tom Brokaw) Part III announced.

Reporter(s):
Brokaw, Tom;
Utley, Garrick
Duration:
00:05:00

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