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Economy: Oil Prices / Inflation #571898

NBC Evening News for Thursday, Oct 18, 1990
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(Studio: Tom Brokaw) Report introduced.

(New York: Mike Jensen) Higher fuel prices due to Persian Gulf crisis reported causing an increase in inflation and robbing consumers of buying power; details outlined on screen. Traders who speculate on eventual oil shortage said causing price rise; countries listed whose oil industries are making huge profits from embargo against Iraq and Kuwait. [Newspaper editor Joe MAGLITTA, proofreader Ella NICHOLAS, sales representative Dove BALLIN - comment on effects of inflation.] ...... (Studio: Tom Brokaw) Report introduced.

(Denver: Roger O'Neil) Economic squeeze on Ephraim Botella family featured. [BOTELLA, grandmother Ginger LUHON - comment.]

Reporter(s):
Brokaw, Tom;
Jensen, Mike;
O'Neil, Roger
Duration:
00:04:40

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