Word: lired
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...that the dollar is worth princely piles of lire, Americans in Italy should be getting more of everything for less, right? Yes, unless they happen to be gastronomical pilgrims in search of the Continent's current culinary wonder, la nuova cucina italiana, the new Italian cooking. In this case, the less-is-more rule applies. Also, less for more. La nuova cucina is found in expensive, often formidably serious restaurants, most of them in Northern Italy, where the fare is spare, artfully presented and somewhat outlandish. Surprising and a bit haughty, it has often been compared with the French...
...dollar last week bought .65 British pounds 7.7 French francs, 1,525 Italian lire, 119 Portuguese escudos, 148 Spanish pesetas, 2.1 Swiss francs, 2.6 deutsche marks...
...generation of the franc, the pound, the lire and the dollar...
...appears to have been funneled through these same companies to finance South American deals. By June 1982 the shell companies owed Banco Ambrosiano banks about $1.2 billion-the $800 million they had borrowed plus $400 million in accrued interest. Calvi's scheme, and his empire, collapsed because Italian lire, in which the Ambrosiano stock was denominated, failed to keep pace with the rising value of dollars in which the loans had to be repaid...
With no solid clues to go on, the authorities were hoping to break the case by enticing one of the terrorists to betray his comrades and earn a 2 billion lire ($1.67 million) reward for information about the kidnaping. The money is believed to have been put up either by wealthy Italian industrialists, who fear that terrorism is eroding business confidence, or anonymously by the Italian government...