This program is 28 minutes long
#136899
(Studio: Peter Jennings) Decision by Federal Reserve Board to lower the discount interest rate to spur consumer borrowing reported.
(Washington: Stephen Aug) The economy, consumer spending and the recovery from the recession examined. [Retailing consultant William FLATLEY, home builder Ron THERRIER, University of Michigan Richard CURTIN - comment.]
(Studio: Peter Jennings) Report introduced.
(New York: Bob Jamieson) Impact of lowered interest rates for those, like retirees, dependent on interest income examined. [Retiree Sam CLAYMAN, two PEOPLE, bank economist Irwin KELLNER - comment.]
#136903
(Studio: Peter Jennings) Fourth day of Senate confirmation hearings for Supreme Court nominee Clarence Thomas reported; scenes shown from hearings. [THOMAS - talks about affirmative action.]
(Studio: Peter Jennings) Report introduced.
(White House: Brit Hume) Effort by President Bush to present a satellite message nationwide on behalf of Thomas and CIA director nominee Robert Gates featured; details given of satellite problems. [On tape, BUSH - backs Thomas.] [Two days ago, BUSH - rejects press questions on Thomas.]
#136905
(Studio: Peter Jennings) Governor L. Douglas Wilder reported joining Paul Tsongas as Democratic candidates for '92 presidential contest reported.
#136908
(Studio: Peter Jennings) President Bush's request that Congress hold off on loan guarantees for Israel until after a Middle East peace conference noted.
(Tel Aviv: Dean Reynolds) Israeli Prime Minister Yitzhak Shamir's reaction to Bush's position on United States aid to Israel detailed. [SHAMIR - comments.] Suggestions that the Israelis, who are realists, will accept compromise with the White House noted.
#136909
(Studio: Peter Jennings) Return home of Palestinian Ali Abdalla Hallal to the Israeli-occupied West Bank reported; scenes shown from East Jerusalem. Funeral services for Israeli soldier Samir Assad, whose body was returned from Lebanon as part of a deal, shown from Beit Jann, Israel.
#136910
(Studio: Peter Jennings) Meeting of United Nations Secretary General Javier Perez de Cuellar with Iranian officials to try to arrange an exchange allowing the Western hostages to come home reported.
(Tehran: Charles Glass) The Iran that is rediscovering rich cultural traditions and opening its doors to the outside world featured; details given of Iran's efforts to free Western hostages to improve relations with the US. [Deputy foreign minister Mohammed Javad LARIJANI - says Iran must act in its national interests.] Role of Iranian President Hashemi Rafsanjani in leading changes in Iran detailed.
#136911
(Studio: Peter Jennings) Selection of a jury in the racketeering and drug smuggling trial of Manuel Noriega reported.
#136914
(Studio: Peter Jennings) Agreement between Secretary of State James Baker and Soviet foreign minister Boris Pankin for both sides to stop sending arms to Afghanistan reported; scenes shown of their meeting. Soviet concessions on Cuba and the Baltics mentioned.
#136915
(Studio: Peter Jennings) President Bush's battle with Congress to extend China's most favored nation trade status noted. Report introduced.
(Beijing: Todd Carrel) China's use of prison labor to make products that are sold overseas featured; scenes shown from inside a Chinese prison. ["Business Week" Dinah LEE - cites the difficulty in determining where imports are made.] [Adidas' Alan HOLLIDAY - talks about deal it turned down.] [Senator Daniel Patrick MOYNIHAN - holds up socks made in Beijing prison.] [Trade ministry SUN Zhenyu - comments.]
#136917
(Studio: Peter Jennings) "Blondie" cartoon writer Dean Young, who has sent Dagwood Bumstead's wife Blondie off to work, profiled; movie clip and many comic strip segments shown. [YOUNG - comments.] [Syndicated columnist David HINCKLEY - talks about significance of Blondie going to work.] Background of Young, son of "Blondie" creator Chic Young, reviewed; photos shown.
#684685