Dolores Vicioso – Page 7198

The Senate passed a bill yesterday that would allow the free import of used electric appliances. The bill was presented by Senators Jose Rafael Abinader, Julio Antonio Gonzalez and Juan H. Medrano. Recently new car importers criticized the tax increase on new cars, saying it will spur an increase in used car imports. There is …

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El Caribe reports that Dominican exports to the US declined 1.5% in the first half of the year. Department of Commerce statistics show that DR exports fall below the average for the region. The decline is attributed to the sluggish performance of the apparel sector which represents half of the total exports. This sector is …

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President Hipolito Mejia returned home at 8:30 pm last night by way of San Isidro Air Force airport after a seven day tour of South America. He visited Chile, Uruguay and Argentina. He described his trip as very good. Next on his schedule is an October trip to Spain. President Mejia was invited by the …

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An editorial in Hoy newspaper points out that the government has continually stressed the need to inject fresh resources into the economy to revive it. The editorial then asks why the government has only come up with 47.8% of the matching funds needed to access soft loans and donations already signed with institutions such as …

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Listin Diario reports on the collapse of the second floor of the Hollywood Café Discotheque in La Romana on Saturday. Forty people were injured and taken to the local public hospital and the Dario Contreras trauma center in Santo Domingo. The tragedy occurred on the floor above the Hollywood Cinemas, the main movie house in …

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President Hipolito Mejia expressed an interest in nuclear energy during his visit to Argentina. The President ordered a commission of Dominican technicians to visit the Argentinean Nuclear Energy Commission to study the possibility of installing a nuclear power plant in the DR. He feels all alternatives should be studied to improve the power situation here. …

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President Hipolito Mejia signed several cooperation agreements in Argentina yesterday. As reported in El Caribe, they were: An agreement between the Dominican Army and the Gendarmeria Nacional de Argentina. A memorandum of understanding for consultations between both ministries of foreign relations. An agreement between the ministries of foreign relations for academic cooperation. An agreement between …

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Armed Forces Minister Lieutenant General Jose Miguel Soto Jimenez says the actual purchase of 10 Brazilian planes for the Air Force has not yet taken place. According to El Caribe, he also denied that negotiations have even taken place with the seller, Embraer. But the website of the Brazilian aircraft company Embraer displays a press …

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Hoy newspaper highlights that the Mejia administration has established a new record with the Congressional passage of US$750 million in loans. Most of these loans are with private banks at high interest rates and without grace periods. This is in addition to the congressional approval of US$500 million in sovereign bonds and a US$200 million …

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Despite saying he would, Senator Dario Gomez (PRD-Santiago Rodriguez) did not submit his constitutional reform bill to the Senate yesterday. He did make a verbal presentation of it. His bill calls for the reduction of the 50%+1 vote necessary to win the election in the first round to 40%+1. The bill would also increase the …

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