CBS Evening News - 1998-10-13
Channel: malgent
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Duration: PT1729S
Read a transcript preview of “CBS Evening News - 1998-10-13” from malgent, uploaded on 2025-03-29.
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Language: English (original, YouTube automatic captions)
[0:00] a matter of inches for a cop on for the
[0:02] Asian contagion the Japanese take a dose
[0:05] of economic reform but is it too little
[0:08] it is too late for thousands of Wall
[0:10] Street workers the newest victims of the
[0:13] global downturn the first 2 weeks of the
[0:16] professional basketball season cancelled
[0:19] and the US government warns that one of
[0:22] the country's top drug abuse problems is
[0:24] hiding right under your
[0:28] nose this is the CB s evening
[0:32] news with Dan Rather reporting from CBS
[0:35] News headquarters in New York good
[0:38] evening there's a glimmer of hope
[0:39] tonight for a global economic recovery
[0:42] and for the United States it comes not a
[0:44] moment too soon on a day when Wall
[0:46] Street cut thousands of jobs there was
[0:48] important action at Ground Zero of the
[0:51] world crisis under us pressure the
[0:53] government of Japan took a major step
[0:56] toward a much needed Japanese Financial
[0:58] overhaul CBS is Barry Peterson in Tokyo
[1:01] begins our
[1:03] coverage after months of debate Japan's
[1:06] Parliament is finally answering the
[1:07] global economy's 911 call and passing
[1:10] the bills that could save its failing
[1:12] Banks and restart its faltering economy
[1:15] on its way to final approval this week
[1:17] is money for weak Banks they're so short
[1:19] of cash they stop making loans and that
[1:22] has sent bankruptcy soaring but the
[1:24] taxpayers have to pay it's a lot to
[1:27] shore up the weak Banks 210 B billion
[1:30] doar add to that yesterday's approval to
[1:32] spend 151 billion rescuing bankrupt
[1:35] Banks and there are huge sums already
[1:38] set aside to protect depositors total
[1:41] more than half a trillion dollars twice
[1:44] wha