Word: illex
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...most lucrative gift was bestowed in 1986 when Britain declared a 150- mile fishing-conservation zone around the archipelago, later extended to 200 miles. Sales of fishing licenses to Asian and European fleets on the hunt for prized illex and loligo squid bring the islands annual revenues of $47 million (in contrast to the $7 million earned by islanders in 1981, mostly from the sale of wool). Ironically, for a population made rich by the indigenous marine life, the kelpers have no fishing fleets of their own; until three years ago, when a swimming pool was installed in the capital...