1996 – Page 40

Last week, the government awarded Alicia Alonso, the renowned Latin American ballet dancer and director of the highly respected Cuban National Ballet troupe, the Order of Duarte, Mella and Sanchez during her visit to Santo Domingo. Alicia. Alonso received the honor from the Dominican Foreign Minister, Caonabo Javier Castillo. In addition to the Order of …

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The Rolando Florian Feliz hearing continued last week in Santo Domingo in which he is appealing against his conviction in relation to 953 kilograms of cocaine found on the ship “Phoenix” off the coast of Pedernales in 1993. Mr. Florian Feliz, who is alleged to have been the main link between the Cali drug cartel, …

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The Sindicato Nacional de Trabajadores de Enfermeria, the nurses’ union that was threatening a general strike in public hospitals starting on 29 July, has agreed to wait until after the transfer of power to the new government before trying to obtain their demands for a salary raise and government housing, terms they claim which have …

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The president of Industrias Lavador, Mario Cabrera, considers there is no justified reason for leaving our agriculture unprotected and exposed to unfair competition from overseas. Mr. Cabrera indicated that many of the industrialized countries remain competitive in their agricultural activities because of subsidies given by their governments to farmers.

The Asociación Dominicana de Hacendados y Agricultores (ADHA) estimates that this year the country will export bananas with a total value of US$25 million to Europe. This was announced by Jose Joaquín Crespo, a former president of the ADHA. He also said that we need to preserve the export of the fruit and ensure that …

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A regional national accounts seminar on the experiences encountered in the implementation of the new System of National Accounts 1993 (SCN 1993) in the country was held this week at the Central Bank. The new system, introduced by the Central Bank with the assistance of the United Nations Program for Development, was analyzed and discussed …

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According to the director of the Department of National Accounts and Statistics of the Central Bank, Alga Díaz Mora, the tourist industry provided between 15 to 20% of the counties GDP for 1991, up from 4 percent originally estimated. Mrs. Díaz Mora said the results were obtained from calculations under a new system that broadens …

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Last week, the governor of the Central Bank, Hector Valdez Albizu, said that the country’s Gross Domestic Product (GDP) has been underestimated by 20% because of the method employed for its calculation. Since the introduction of the new System of National Accounts 1993, the GDP of the country was recalculated, from 1991 to 1994, using …

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The price of unleaded fuel has risen again to RD$25.50 per gallon, an increase of RD$0.60 cents. Two representatives from Shell and Texaco, Luis Taveras and Juan Jose Gómez, maintain that this is due to the increase in the international markets which is reflected in the price charged to the Refinería Dominicana de Petróleo. They …

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Osmar Benitez, executive vice-president of the Junta Agroempresarial Dominicana, has announced that the government has sent a letter, via the foreign minister, declining the offer made by the European Union (EU), in respect of the milk quota for importation by the Dominican Republic.