Word: fishmeal
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Dates: during 1960-1969
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...bullrings, some in areas like the Costa Brava and Costa del Sol, which were never part of the sport until tourists appeared. Last year 3,660 bulls were sold to corridas at prices of up to $1,000. To satisfy this demand, breeders fattened bulls in pens on fishmeal and soybean extract instead of allowing leisurely grazing. This process builds fat, not muscle, and animals so topheavy that they stumble and fall before they are weakened with picas and banderillas and finally sword-slain in those moments of truth that are these days less true. Some bulls have even been...
...divided between business negotiations and Latin hospitality, representatives of both nations gathered at Lima's graceful Torre Tagle Palace to sign a two-year trade agreement. The precise products and terms are so far uncertain; the Soviet Union, through European middlemen, is already purchasing sizable quantities of Peruvian fishmeal. But the meaning of the event was clear. Peru's Foreign Minister, Eduardo Mercado Jarrín, one of a spangle of generals who seized power last October, called the occasion "the end of an era in which our trade was channeled in only one direction...
Luck played a part in the comeback. Vast shoals of anchovies offshore have turned Peru's once-struggling fishing industry into one that will earn upwards of $180 million in exports, mainly of fishmeal, this year. Also, the worldwide copper shortage, made more acute by growing U.S. demands for the Viet Nam war, should send Peru's mineral exports well beyond last year's record $309 million...
Promising a "new Peru," Pérez Godoy pushed through a 24% increase in the budget and decreed new taxes to pay for it, including a $1-a-ton levy on anchovies that provoked a strike and threatened to close down the thriving fishmeal industry. And when he refused to approve the construction of a new hospital for Vargas Prada's air force and six new ships for Torres Matos' national steamship line, the other junta members turned...