Word: funded
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...product, Monterey being touted as the calamari capital of the world. Each year about 10,000 tons are harvested from Monterey Bay. About 90% of the catch is exported, mainly to Japan and Europe. Not only do such fairs publicize the product, they are also vehicles for other purposes: fund raising, profit making, good-natured flag waving and communal celebration...
Sponsored by the local Kiwanis Club, the squid festival is a fund raiser for local charities, which divide the proceeds from entry fees and the rentals of the 60 or so booths. This year, according to Bob Massaro, the manager of the event, $39,000 will be contributed to approximately 15 organizations, some of which also man their own booths to raise even more money...
Squid cookery has been a boon to the wrestling team of Monterey High School since its coach, Bill Grant, discovered the profits in this smoky fund raiser. Working the squid festival and running a $10 eat-all-you-want squid dinner in the school each December, he provides qualifying fees so his athletes can try out for various championship tournaments. "The first $6,000 is for the team," Grant said, "then my wife and I work other outings, such as the Laguna Seca racetrack, and keep those profits for ourselves." Roberto Dixon, a Panamanian who lives in Monterey...
...market crash, Japan advised its investment houses to hold their shares in U.S. companies. The restraint helped keep the collapse from becoming more devastating than it was. Japan performed a similar service in March 1987 when the dollar went into a free fall. In a two-pronged effort, Tokyo fund managers held their U.S. securities, while the Bank of Japan bought dollars to stem the slide. The bank's U.S. currency holdings grew from $1 billion to $15 billion...
...here's the good news: because agriculture now consumes 85% of the West's available water, a mere 4% saving by farmers would provide enough for new uses, even if the cities continue to splash water at the current rate. Says Thomas Graff, senior attorney for the Environmental Defense Fund: "The West has plenty of water to meet the future of its cities and industries as well as for environmental values, but its farmers must be given incentives to use less water...