2003 – Page 64

The Listin Diario carries a report on a new proposal made by consultants Campos Villalon-Alvarez, who suggest that 50% of the Edes’ shares be offered for sale to Dominican companies as a way of solving the problem in the power sector. Local capital should be given priority, according to consultant Francisco Campos Villalon, and if …

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Twenty-hour power outages are testing the tolerance of the residents of the Dominican Republic’s second city Santiago and its surrounding areas. The situation is reportedly due to the removal from service of generating plants such as Smith & Enron and Puerto Plata II, caused by overdue payments owed to the operating companies by the state …

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Since the remarkable deterioration in the energy supply in the entire country over the past week, Pedro Silverio, the head economist at the Cenantillas economic think-tank, wrote in yesterday’s El Caribe about vertical integration of the electricity sector. His point is that such integration is not necessarily the best thing. The term “vertical integration” is …

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President Hipolito Mejia told reporters and Bonao schoolchildren on Tuesday that US$50 million enters the Dominican Republic every day, and that there is no reason for the exchange rate to be so high. According to the President, even though the banking establishment incurred US$7 billion in debt, with that much money entering on a daily …

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During a live broadcast from Iraq produced by Freddy Beras Goico, President Mejia asked the Dominican troops stationed overseas to give their best efforts to help Iraq rebuild. Talking directly to the troops over the direct satellite link, Mejia talked to Lt. General Soto Jimenez, the head of the armed forces, as well as the …

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Hoy’s “Que se dice” column commented yesterday on the proposal of the mayor of Santo Domingo North, Daniel Carvajal Louis, to charge the garbage disposal companies a fee in dollars for the use of the garbage dump in his municipality. Following a growing trend in the local business community by which automobiles and houses are …

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The seven PRD presidential candidacy hopefuls are having obvious troubles in their stated aim to select a single Presidential candidate from amongst their ranks. The decision to take this course was made over one month ago, but despite repeated attempts no single candidate has emerged. At last night’s meeting it was announced that the selection …

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The Listin Diario reports that children suffering from various forms of cancer are dying due to lack of medicine in the nation’s hospitals. The walls of the Robert Reid Children’s Hospital in Santo Domingo contain a plethora of sad cases, where the children are the victims and the families suffer from a lack of resources …

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As the newspapers went to press last night reports were being transmitted that shortly before midnight there had been another earth tremor that sent people out into the streets of Santiago. The reports indicate that the quake was felt in Puerto Plata and even as far afield as the capital. Schoolchildren were sent home yesterday …

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Dominican baseball stars are set to thrill fans tonight in the decisive game between the Boston Red Sox and the New York Yankees. Last night’s 9-6 Red Sox victory over the New York team brings the American League championship series to 3-3. All eyes will be on pitcher Pedro Martinez, as the Boston team makes …

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