CNN World News - 1992-11-27 (partial)

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Read a transcript preview of “CNN World News - 1992-11-27 (partial)” from malgent, uploaded on 2026-01-11.

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Language: English (original, YouTube automatic captions)

[0:03] This is CNN.

[0:12] >> In the headlines on World News,

[0:13] retailers are hoping this holiday

[0:15] shopping season is better than years

[0:16] past. Encouraged by an improving

[0:18] economy, shoppers poured into the stores

[0:20] today and many have more money to spend.

[0:22] The Commerce Department is reporting

[0:24] that personal income increased 1% last

[0:26] month. That's the biggest jump in 10

[0:28] months. Consumers also spent more in

[0:30] October. Retailers expect their biggest

[0:32] holiday sales to come in the final 10

[0:34] days before Christmas.

[0:36] President-elect Bill Clinton called on

[0:38] an elder statesman for advice today. He

[0:40] met in California with former President

[0:42] Ronald Reagan in what was described as a

[0:44] warm and friendly visit. Clinton said

[0:46] they talked about the transition and

[0:48] personal aspects of the presidency. They

[0:50] also discussed something they have in

[0:52] common, support for the line item veto.

[0:54] Before parting, by the way, Reagan gave

[0:56] Clinton a jar of his favorite snack,

[0:58] jelly beans.

[1:00] Relief agency workers in Los Angeles are

[1:02] packing up $250,000

[1:04] in donated medical supplies for Somalia.

[1:06] Operation USA says the hunger there is

[1:09] worse than the famine in Ethiopia and

[1:11] the Sudan in 1985. The supplies will

[1:13] ship out within 10 days. Hopefully, it

[1:16] will reach its destination. Repeated

[1:18] thefts of relief supplies for Somalia

[1:20] apparently convinced the US to offer

[1:23] military protection. 1,800 Marines

[1:25] currently in the Indian Ocean could be

[1:27] called on for duty in Somalia. The US is

[1:30] still consulting with the United Nations

[1:32] on how to contribute.

[1:35] >> Right now, the US says

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