2007 – Page 26

The government’s decision to subsidize diesel fuel for public transport and cargo vehicles has met with opposition from some quarters. The government’s move came in response to record diesel prices that threatened to force increases in bus fares and cargo costs. However, business groups called the measure “discriminatory”. The head of the National Gasoline Retailers …

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The “sacrifice” made by the government in accordance with Decree 677-07 will only be a little over RD$95 million pesos over the three-month period that officials have laid out for the subsidy program. Just RD$31.8 million each month will be lost in revenues. The price of diesel under the subsidy will be just RD$102 pesos …

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According to all today’s newspapers, the Auto Fair held in the Banco Popular parking lot in Santo Domingo was a major success. Over RD$850 million were financed at rates of 12.95% to 14.95% for one or two years. Twenty percent down was the rule. Nearly a thousand loans were processed by five o’clock on Sunday …

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The Sunday market that takes over the southern end of Luperon Avenue generates RD$40 million each week, according to a report in Hoy newspaper. About 6,900 people go there to sell stuff, and local authorities have had to put a freeze on new permits. The same thing has happened in Santiago where 10,000 newly unemployed …

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Marcos Baez Cocco, the former vice-president of Banco Intercontinental (Baninter), has been found guilty of violating Dominican Monetary and Finance Law. He was sentenced to eight years in prison, and ordered to pay 25% of what Ramon Baez Figueroa has to pay (RD$45.469 billion) to the Central Bank and RD$50,082,450 to the Superintendent of Banks. …

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Noted magistrate Esther Agelan headed a three-judge panel that handed out twenty-year jail terms to two men convicted of raping young girls. Both men were the stepfathers of the children involved. Jose Guron was convicted of raping his 15-year old stepdaughter in their house in Gualey. In the other case, Yoryi Quezada confessed to raping …

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Long weeks after Tropical Storm Noel damaged major aqueducts in the southern Dominican Republic, many people are still without drinking water. At first, the continuing rains enabled people to collect rain water to drink and wash, but after a week of clear skies, even this water is in short supply and people are getting very …

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Belgica de la Cruz Mirabal (Dede), the last surviving Mirabal sister, and mother of former Vice-President Jaime David Fernandez Mirabal, has been injured in a crash that left one person dead and another injured. The accident occurred on the highway between Nagua and Cabrera. Fernandez Mirabal was driving a vehicle that hit a small motorcycle …

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The Dominican Society of Plastic Surgery is urging parents to not allow their children to set off fireworks “of any kind.” Dr. Jean Paul Giudicelli, speaking for the organization, said they are “all dangerous.” Speaking at a press conference with the chiefs of plastic survery of the public hospitals Robert Reid Cabral, Salvador B. Gautier …

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In Friday night’s action, the Toros from La Romana were leading the Aguilas Cibaenas when rain started to fall, and in a last-gasp effort the Aguilas managed to tie the game 5-5 when the umpires called a halt. The game will be finished at a future date. Meanwhile, in Santo Domingo the Gigantes del Cibao …

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