Dolores Vicioso – Page 6879

OMSA, the public bus transport system run by the government, announced an increase in fares from RD$3 to RD$5. The difference is expected to cover the increasing costs of the operation, run by union director Di?genes Castillo. 

Judge Salvador Ramos of the Central Electoral Board estimated that 20,000 Dominicans could vote abroad during the 2004 presidential elections. He said that so far 7,664 Dominicans who live abroad have registered to vote. He said that to increase the number of Dominicans able to vote, they will be offering cedula (ID and voter registration …

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The organizer of the Sancocho and the Son Festivals, TV producer and journalist Raul (Bacho) Perez Pe?a announced he will run for president in May 2004. He has been a journalist with the Listin for many years and writes a daily column for the newspaper. He announced the formation of the Partido por la Autentica …

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The people of the northeastern city of San Francisco de Macoris made a formal statement yesterday for increased national awareness about the environment. The city organized the first car-free day when most people left their cars and motorcycles at home ? ?Aire Limpio y Vida Sana? or ?Clean Air, Healthy Living?.  The event was organized …

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The White House has confirmed that US President George W. Bush will receive President Hip?lito Mej?a in a formal visit this coming Tuesday, 20 May. The items for discussion will include potential for cooperation in areas such as trade, security, human rights and good governance. The White House communiqu? states that the US President “values …

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The Executive Branch sent to Congress yesterday a request for authorization to issue ?infrastructure notes? in international capital markets for US$255 million, to be used to build the El Coral highway that would link La Romana to Hig?ey and B?varo. The authorization request (in the style of the sovereign bonds) was sent to the Chamber …

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Standard & Poor’s rating services department said today that it has placed its ‘BB-‘ long-term ratings on the Dominican Republic on CreditWatch with negative implications. The CreditWatch placement reflects the risk that the ratings will be lowered if the emerging problems at Baninter further weaken political institutions, the external reserve position, and economic policy flexibility. …

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District Attorney M?ximo Aristy Caraballo presented charges to Baninter president Ram?n B?ez Figueroa, and vice presidents Marcos B?ez Cocco and Vivian Lubrano de Castillo today. The three are accused of asset laundering, falsification of public records, presenting bad checks and abuse of trust.  B?ez Figueroa and his colleagues were visited at the Palacio de Justicia …

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List?n Diario newspaper, taken over by the government and the Central Bank yesterday morning as part of its intervention in the assets of the collapsed Baninter Group, was published today. The action was taken, according to the authorities, as part of the legal proceedings involving alleged money-laundering, invoking article 9 of Law 72-02. Diario Libre …

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The other morning papers are mixed in their reactions to the government’s takeover of the List?n Diario newspaper and the approximately 70 other Baninter-owned media. El Caribe is largely supportive, saying that the situation is a legal consequence of the Baninter collapse and has nothing to do with the freedom of the press. Diario Libre …

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