Word: shores
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Dates: during 2000-2009
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...French coastline between Vierville-sur-Mer and Ste.-Honorine-des-Pertes, which for the purposes of that day had been rechristened Omaha Beach. On board were two companies from the 741st Tank Battalion of the U.S. Army. They were facing the uninviting task of driving their tanks to the shore...
...difference in available income from the endowment is about $50 million, Shore said. With an endowment payout rate over 6 percent, this indicates that the new legislation loosens restrictions on about $800 million of Harvard’s $26 billion endowment...
...Harvard’s endowments tend to be quite old, so they have a lot of appreciation built up in there,” Shore said. “Underwater funds’ challenges have been biggest in the places that have received the newest endowment funds...
...actual increase in endowment spending has yet to be determined, according to Shore, as the University is in the process of formulating a new policy to address spending from underwater funds. But Shore said he expected the new income to be less than the $50 million figure. Excessive spending from a specific endowment fund, especially one that has already fallen below its original value, can erode at its long-term value—a crucial consideration for financial planners at the University, since most endowments are meant to last in perpetuity...
...prow-shaped silhouette of Cardiff's St David's Hotel and Spa, www.thestdavidshotel.com, dominates the once notorious dockside district of Tiger Bay. Local attractions have changed in the past 30 years. Prostitutes looking for sailors on shore leave once rubbed shoulders with the myriad nationalities who made up one of Britain's oldest multicultural communities. Regeneration means the Welsh parliament, the Millennium Centre (home of the Welsh National Opera), smart shops and restaurants now draw local professional couples and business visitors who would once have steered clear of the area and its nefarious reputation. (See pictures of London...