2008News

Dominicans in the NCAA

As the NCAA College Basketball season begins today Dominicans can look at the collegiate league with pride. Fifteen Dominicans will play important roles in Division I teams throughout the US. Four are freshman standouts expected to help their teams significantly. Among them is a pair of 6’10 power forwards Eloy Vargas (Florida) and Alex Rivas …
2008News

Latin music stars in SD

Santo Domingo continues to be the hotspot for Latin music performances. On the heels of the successful performances of Joan Manuel Serrat (Spain) and Luis Miguel (Mexico), there is a full schedule of Latin music scheduled for the entertainment halls – Willie Colon, Fernandito Villalona, Juanes and Sergio Vargas will be on stage this month. …
2008News

UAE and Dominican Republic

The governments of the United Arab Emirates and the Dominican Republic have established diplomatic relations and their respective foreign ministers signed the documents with promised bilateral cooperation and consolidation of world peace. Carlos Morales Troncoso for the Dominican Republic and Sheikh Bin Zayed Al Nahyan for the UAE did the honors, the Presidency announced. The …
2008News

Cambodia and the DR

The Kingdom of Cambodia and the Dominican Republic have signed a protocol establishing bilateral diplomatic relations during an official ceremony at the headquarters of the Cambodian Embassy in Hanoi, during a visit to Vietnam by DR Minister and Special Envoy to Asia, Miguel Mejia. The agreement was signed by Mejia and Cambodian Ambassador Van Phal. …
2008News

Montas favors IMF agreement

Economy, Planning and Development Minister Temistocles Montas revealed last night that the government could sign an agreement with the International Monetary Fund (IMF) for monitoring the Dominican economy next year, but he excluded the possibility, for the time being at least, of a meeting between President Fernandez and the representatives of the international financial organization. …
2008News

Growth projections

Economist Bernardo Vega writes in Clave newspaper this week on the national growth forecasts. He mentions that in 2007, the Gross Domestic Product grew 7.9%. During the first quarter of 2008, the DR posted a 6.2% growth, and in the second, “due to excess spending in the re-election campaign”, we grew 8.9%. He explains that …
2008News

CDEEE pays US$10 million

The Dominican Corporation of State-run Electricity Companies (CDEEE) reported that yesterday afternoon it paid the sum of US$10 million as part of the payment plan worked out with the generators, and the vice-president of the CDEEE emphasized how important the expansion projects were for the country’s future development. Radhames Segura reminded reporters from El Nuevo …