• Short Summary

    FRANCE LAUNCHED A NEW ATTACK ON THE INTERNATIONAL MONETARY SYSTEM TODAY (THURSDAY) DESCRIBING IT AS DISORDERED AND HARMFUL TO THE DEVELOPMENT OF WORLD ECONOMY.

  • Description

    FRANCE LAUNCHED A NEW ATTACK ON THE INTERNATIONAL MONETARY SYSTEM TODAY (THURSDAY) DESCRIBING IT AS DISORDERED AND HARMFUL TO THE DEVELOPMENT OF WORLD ECONOMY. THE ATTACK WAS MADE BY FINANCE MINISTER MICHEL DEBRE AT THE ANNUAL MINISTERIAL CONFERENCE OF THE 21 NATION ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD).

    THE FRENCH MINISTER, SPEAKING AT THE OPENING OF THE TWO-DAY MEETING WHICH IS BEING HELD IN THE CHATEAU DE LA MUETTE, SAID THE WORK OF THE OECD HAD RIGHTLY UNDERLINED THE TWO FUNDAMENTAL CHARACTERISTICS OF THE WORLD ECONOMY - ONE OLD AND ONE NEW: THE DISEQUILIBRIUM IN THE BALANCE OF PAYMENTS SITUATION BETWEEN THE COUNTRIES WITH RESERVE CURRENCIES ON THE ONE HAND -- BRITAIN AND THE UNITED STATES -- AND THE EUROPEAN COUNTRIES ON THE OTHER; AND THE SLOW-DOWN IN WORLD ECONOMIC EXPANSION.

    MR. DEBRE SPOKE AFTER OECD SECRETARY-GENERAL THORKILO KRISTENSEN CALLED ON THE WORLD'S LEADING INDUSTRIAL NATIONS TO PREVENT PROFITEERS FORCING A CHANGE IN THE PRICE OF GOLD. HE SAID ANY DECISION ON A CHANGE IN THE PRICE OF GOLD SHOULD BE TAKEN ONLY AFTER CAREFUL CONSIDERATION BY THE RESPONSIBLE AUTHORITIES.

    BRITISH TRADE MINISTER ANTHONY CROSLAND SAID HIS GOVERNMENT WAS DETERMINED TO CUT DOWN CONSUMER DEMAND AND TAKE ALL MEASURES NECESSARY TO AVOID WAGE INFLATION.

  • Tags

  • Data

    Film ID:
    VLVA5PXXPTLEV2H0MWRBWG3JOAIGM
    Media URN:
    VLVA5PXXPTLEV2H0MWRBWG3JOAIGM
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    30/11/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:05:00
    Time in/Out:
    /
    Canister:
    N/A

Comments (0)

We always welcome comments and more information about our films.
All posts are reactively checked. Libellous and abusive comments are forbidden.

Add your comment