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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 29, 1974

Page

5

Five Industrial Nations Open Oil Price Discussions

The United States and four other industrial powers begin talks on high oil prices. Kissinger and Simon host foreign ministers from Britain France West Germany and Japan for an informal seven hour review at Camp David and State Department. No communique planned. Officials say no clear solutions exist and France fears provoking producers. Japan worries about reliance on Persian Gulf oil as its economy strains under prices.

Kenneth J. Freed Associated Press Washington United States Camp David Maryland Mountains State Department U.S

Sadat Denies Blame For Economic Woes

In Cairo President Anwar Sadat said Arab nations are not to blame for world economic troubles and seek only justice and stability. He urged understanding from the world community as oil prices influence the global economy and warned Zionist circles against blaming Arab wealth. He tied Middle East peace to Israel’s withdrawal from occupied lands and Palestinian rights.

Cairo Anwar Sadat Middle East Ford Henry A. Kissinger Sadat Arab Socialist Union Egypt Bunn Gamal Abdel Nasser Israel

Also Mentioned on This Page

Treasury William Simon Great Britain France West Germany Japan Kissinger Big Oil Jean Sauvagnargues Persian Gulf Venezuela Caracas Friedman's Jewelers Carat WEIG Triz Magnavox Videomatic Mobile Cart Tniecee Avery Price Phonos College Village Shopping Center High Point, N.C
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