This program is 27 minutes long
#196065
(Studio: Peter Jennings) The reaction of Wall Street to the announcement of the lowering of interest rates noted. Stock Market Report.
(White House: Terry Moran) The wait for the Federal Reserve Board's move featured; details given of the stock market response to the rate cut and of the Fed's reasoning on the cut. [On the street, two MEN; International Strategy and Investment Group Tom GALLAGHER, UBS PaineWebber Arthur CASHIN - comment on the Fed.] President Bush's promotion of his tax cut noted.
(Studio: Peter Jennings) The winners and losers with the rate cuts and findings of an ABCNews/"Money" poll on consumer confidence outlined on screen.
(Fort Madison, Iowa: Dean Reynolds) The reaction in Fort Madison, Iowa, to the Fed's rate cut featured. [Lee County Bank Dave STEFFENSMEIER, car dealer Greg SCHOTTENKIRK, Scholl Real Estate Sharon SCHOLL, pig farmer Mike PIEPER - approve of interest rate cuts.] [The Colony Shop Madeline LEAK - wishes the media would stop talking about the bad economy.]
#196066
(Studio: Peter Jennings; Pearl Harbor: Martha Raddatz) Testimony at the Navy's court of inquiry from submarine USS Greeneville captain Commander Scott Waddle about the collision with a Japanese fishing boat discussed; details given of his apology and how the investigators handled Waddle.
#196067
(Studio: Peter Jennings) Another day of rolling blackouts in California; letter from United States and Canadian scientists to President Bush objecting to his plan to drill for oil in the Arctic National Wildlife Refuge in Alaska; snow in the South and the increase in penalties for trafficking in the drug ecstasy reported.
#196070
(Studio: Peter Jennings) A major identity theft fraud case introduced.
(New York: Dan Harris) A sophisticated identity theft scheme concocted by Brooklyn busboy Abraham Abdallah reviewed; details given of how his scheme was carried out using Internet, voice mail, cell phones and fax to obtain stolen merchandise. [Father Sharif ABDULLAH - comments.]
(Studio: Peter Jennings) The police investigation outlined.
#196072
#196073
(Studio: Peter Jennings) The Vatican's response to charges that priests have sexually abused nuns, especially in Africa, reported.
#196074
(Studio: Peter Jennings) President Bush's meeting with Israeli Prime Minister Ariel Sharon shown.
#196075
(Studio: Peter Jennings) ABC report in conjunction with the BBC introduced.
(In south China: Adam Brookes) The job of counting the population in China being carried out by six million census takers featured; scenes shown from a rural province; details given of the issue of hidden children and of the colossal migration from the provinces to urban areas. [Census TAKER - (thru translator) says abortion are encouraged.]
#196076
(Studio: Peter Jennings) The sinking off Brazil of the damaged offshore oil rig; Britain's use of the army to help contain foot-and-mouth disease and the starvation of reindeer in northern Russia due to the severe winter reported; scenes shown of the oil rig and the reindeer.
#196079
#196080
(Studio: Peter Jennings) Report introduced.
(New York: Ned Potter) The dispute between the United States and Russia over Dennis Tito, a millionaire stock advisor whom the Russians have promised a trip into orbit to the International Space Station, featured. [TITO - comments on his contract to fly.] [NASA (National Aeronautics and Space Administration) administrator Daniel GOLDIN - says Tito needs the right training.]
#696320