2003 – Page 68

A former president of the Dominican Refinery, Arturo Martinez Moya, told reporters from the Listin Diario, that Venezuelan President Hugo Chavez has violated the San Jose Agreement by stopping petrol shipments to the Dominican Republic. Martinez Moya explained that the breakdown in shipments is in no way justified, since the Dominican Republic is up to …

Read more…

On Sunday, the Listin Diario reported that the energy consumers of the country are overpaying by RD$6 billion pesos. The article by Edwin Ruiz says that the sustainability of the financial obligations of the electrical sector depend on a revision of the Madrid Accords. Luis Moreno, of the Institute of Energy at the state-run Autonomous …

Read more…

Headlines over the weekend dealt with energy, taxes and the weather. On Saturday, Hoy announced that the dam at Sabaneta in the province of San Juan de la Maguana was overflowing. The Civil Defense authorities issued a warning for the local population to be alert. Rear Admiral Radhames Lora Salcedo, the head of the National …

Read more…

El Caribe reports that the Group of Seven presidential hopefuls is ready for the national plebiscite this coming Sunday. The ballots are printed. Henry Mejia, the director of elections for the PRD party, says that the logistics are in place and that the Central Electoral Board has nothing to do with the case. The PRD …

Read more…

The entire business community has expressed a very strong negative to x-raying of freight containers in Customs at a cost of US$25 and US$90 dollars per container. They request that President Mejia veto the bill that imposes the service on exporters. Exporters argue this new imposition would take them out of the marketplace. The National …

Read more…

The Dominican Association of Exporters (Adoexpo) is warning that the imposition of the 5% tax on all exports of goods and services will cause a sharp rise in unemployment. The tax had been imposed by presidential decree in August, but was rejected by the Supreme Court of Justice that ruled the only Congress can create …

Read more…

Exporter Jose Antonio Martinez Rojas, writing in Hoy’s Saturday issue, urges farm producers and exporters to close ranks against the proposed 5% export tax sent by the Executive Branch back to Congress. Martinez points out that the tax would hurt the agricultural producers most of all, since the 5% would be reduced from their sale …

Read more…

Members of the Dominican business community met with members of the Executive Committee on Commercial Policy to express their views on the free trade agreement now in the works between the Dominican Republic and the United States. William Malamud, vice-president of the American Chamber of Commerce in the Dominican Republic, Manuel Enrique Tavares and Manuel …

Read more…

The Florida Marlins, facing elimination after losing an 11-inning heartbreaker on Friday night, were able to hold off Sammy Sosa and the powerful Cubs offensive with a complete game, 2 hit, 11-strikeout performance by Josh Beckett. The 4-0 Marlin victory sends the series back to Chicago for the 6th game on Tuesday. Carl Pavano goes …

Read more…

A full day of rain led to Sunday’s game 4 between the Yankees and Red Sox to be postponed until 8 pm. tonight. It was hoped that the weather cooled the tempers on both sides after a very emotional Saturday at Fenway Park. Pedro Martinez, in an extraordinary pitching match up with Roger Clemens struggled …

Read more…