Word: lobos
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...operate openly, since Portugal consistently refuses to sign an international agreement to regulate gold. Since 1946, by the colony's own report, some $601 million worth of gold has poured into-and through-Macao (pop. 200,000). Most of it also passed through the hands of Dr. Pedro Lobo, onetime chief economic officer of Macao, who is credited with monopolizing gold import licenses for Macao's "gold syndicate...
...nearly 70, Lobo (Portuguese for wolf) is gradually turning the business over to his son Rogerio. 36, who is one of the owners of the single-plane airline that flies gold in from Hong Kong, only 15 air minutes away. On arrival each shipment of gold is meticulously weighed by Portuguese authorities determined to collect the import duty of 42? an ounce, the biggest source of Macao's revenue. After the weighing, the authorities discreetly withdraw. Then the syndicate's employees melt down the international gold bars (usually weighing around 27 lbs.) into the portable 9-oz. bars...
...sympathizers donated as much as $50,000 each, and the dues from the Havana underground yielded another $25,000 monthly. Contributions and nonredeemable "bond issues" in Venezuela raised $200.000. Companies operating in eastern Cuba began paying "taxes" to the rebels. As a hedge against the future. Sugar Baron Julio Lobo, one of Cuba's richest men, kicked...
...American reviews of a book of mine [Tomorrow Is Mañana-Aug. 11,] my husband, my children and myself were suddenly given 72 hours to get out of Spain forever. We had to leave paintings, books, poor old Lobo (our dog) and much else behind...
...also has high hopes of increasing worldwide sugar consumption. The U.S. and most of Europe consume an average 100 Ibs. of sugar per capita yearly, while underdeveloped countries such as India consume as little as 13 Ibs. Lobo sees the world as a huge sugar bowl waiting to be filled, but he knows that without change Cuba's sugar industry cannot help fill it properly. Cuba's share of production has slipped from 22% of the market in 1925 to only 14% today, is bound to keep slipping as Cuba loses its markets to more modern producers. Says...