2004 – Page 64

The New York Yankees won Game 1 in their showdown against the Boston Red Sox by a score of 10-7. Bostonites are attributing the loss to Red Sox star pitcher Curt Schilling, who allowed six runs in the first three innings in this first installment of the best-of-seven series American League Championship. The pressure is …

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Sunday, 31 October is the date for speed racing fans at the Las Americas International Racetrack. Miller beer is sponsoring the first ever Dominican Miller American GT Series round in Santo Domingo, where Dominican racers will face their counterparts from the United States and Puerto Rico. Competitors from the US will include: Jack Busch, Charlie …

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President Leonel Fernandez, in the presence of Miami Governor Jeb Bush at the Biltmore Hotel in Miami, announced that the Dominican Republic would vote for Miami to be made the permanent secretariat of the Free Trade Area of the Americas. Fernandez’s predecessor Hipolito Mejia had committed the Dominican vote to Panama City. “The DR and …

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Central Bank Governor Hector Valdez Albizu said yesterday that the International Monetary Fund Standby Agreement should be resumed in November, meaning that the country would receive US$1 billion in fresh resources. Valdez Albizu, who spoke to the press after a meeting between the business sector and the Central Bank, said that the country is currently …

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Geoffrey Gottlieb of Goldman Sachs comments on the Dominican Republic’s current state of play in the economy, negotiations with official sector creditors and its pressing financing needs. To begin, Gottlieb predicts that the DR will resume its agreement with the IMF. He highlights how bond prices have rallied impressively since July, reflecting a general improvement …

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After two weeks of a gradual reduction in blackout hours, residents in Santo Domingo received grim news today, as reported in Hoy newspaper. AES is threatening to shut down its Andres liquefied propane gas-powered plant, citing continued government arrears.

The Ministry of Public Works has requested that Aerodom and its affiliates disclose information on their operations to ascertain whether or not they have met their obligations as per their 1999 airport concession contract. Listin Diario reports that Minister Manuel de Jesus (Freddy) Perez Gomez has requested key information to determine the status of their …

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Aerodom, the company that oversees all airline operations in the DR, told the Listin Diario that while the contract they signed on 7 July 1999 called for an investment of US$203 million in a first phase, it also established that if international long-term financing could not be obtained, as is the present case, the investment …

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The National Police announced that some 15,562 agents have been assigned to patrol city streets, of which 5,562 have been designated to the National District and Province of Santo Domingo. This number is up from the 4,000 agents who were previously assigned to street service under the former police chief. Metropolitan Transport Authority (AMET) traffic …

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Santiago prosecutor Raul Martinez says that several of the minors being questioned by the youth court judge for involving themselves with a pornographic website will assist them in identifying the people responsible. Martinez said that while no one has been arrested yet, they are working on various leads to solve the case. Judge Antia Beato …

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