Television news program with anchorman Tom Gould featuring the story events of the week.~Oil Prices. This item examines the reaction of the government and the petroleum industry to a government inquiry into the Canadian Oil Industry. In the House of Commons comments are heard from: Allan Lawrence (PC); André Ouellet, Minister of the Consumer Affairs; Ed Broadbent (NDP); Warren Allmand (Liberal); and Marc Lalonde, Energy Minister. Ted Baugh, senior vice-president of Petrofina, and Jack Armstrong, chairman of Imperail Oil, give their views on the Report's attack on the multi-national corporations.~Joe Clark. John Burke in Ottawa files a report on the Progressive Conservative leadership issue. Voted in by a small majority at the PC Convention, Clark continues as Party leader, a position coveted by four other Tory politicians: Peter Blaikie, Brian Mulroney, John Crosbie, and David Crombie.~Reagan. The issued of U.S. military aid and advice to El Salvador, with comments from: William Dyess, State Department spokesman; Robert White, former ambassador to El Salvador; Senator Edward Kennedy; Republican, Gerry Studds; and Senator Howard Baker. John Snow files a report on the action in El Salvador, and the attack on the U.S. Embassy there. Statements are heard from Frederick Chapin, acting ambassador to El Salvador, and General Alexander Haig, Secretary of State.~Defense. Increases in the U.S. Pentgagon budget. ABC's Charles Murphy reports from Fort Hood, Texas with footage of new military equipment, including a demonstration of B1 Tanks. Lieutenant-Colonel Jon Collins, Battalion Commander, and Colonel Peter McVey comment. Speaking for the tax cuts to finance defense spending are Republican Carroll Hubbard, Republican Charles Stenholm, and Republican G.V. Montgomery. Opposing the new policy are Senator Edward Kennedy and Jimmy Carter.~Communism. Barrie Dunsmore in Moscow reports on the re-installment of the entire Politburo, including Party Leader Leonid Brezhnev. The threat of Soviet intervention in Poland is commented upon and reporter Mike Lee shows Poland's grave economic and social problems with the food shortages. State Department spokesman William Dyess gives the U.S. reaction to the situation.~U.S.S.R. Inc. The dichotomy between the Soviet's military wealth and social poverty is examined with film and commentary from: Victor Afanasyer, "Pravda" editor; Leslie Gelb of Carnegie Endowment; Alec Nove of the University of Glasgow; Marshall Goldman of Harvard University; and Nikolai Inozemtsev of the Institute of World Economics.~American Right. A report on the rise and growth of racial and religious violence in the U.S. Footage of riots and slayings across the country includes scenes of: Greenville, North Carolina (November 3, 1979); meetings and paramilitary training of the Ku Klux Klan and the American Nazis; the defacement of Jewish cemeteries; and funerals of the victims. Opposing views are heard from representatives of militant whites: John Harrell of the Christian Patriots Defense League; Reverend H. Bailey Smith, S. Baptist Convention; Bill Wilkinson, Imperial Wizard of the Invisible Empire Ku Klux Klan, and concerned citizens and government officials: Kenneth Flowers, Atlanta March organizer; David Lehrer of the Anti-Defamation League; Senator Julian Bond; Dr. Alan Wolfe, sociologist; and Zev Yaroslavsky of the Los Angeles City Council. James Wooten in New York files the report.~Steve Podborski. Missing the World Cup Down-Hill title by a narrow margin, Canadian champion skier Steve Podborsky, is seen in action. Voiceover image of Harti Weirather, Men's World Cup Champion. Tom Gould closes the program with the headlines from next week's program. <54mn>