2008News

Crafts make money

Juan Pablo Gonzalez from the Dominican Integrated Development Institute (IDDI) says that the Dominican handicraft sector sells US$310 million in goods yearly, but the irony is that 80% of those goods actually come from foreign countries. He explained that in Puerto Plata alone US$40 million worth of goods is sold each year. Gonzalez says that …
2008News

PetroCaribe eases terms

At the V Extraordinary Summit of the Petrocaribe Nations in Venezuela yesterday, the signatories of the PetroCaribe Agreement approved Venezuelan President Hugo Chavez’s proposal aimed at easing the payment terms for oil imported under the terms of the agreement. President Chavez was responding to the near universal appeal for easier payment conditions in the face …