1996 – Page 61

Five former presidential candidates of different Latin American countries and 26 representatives of the Carter Center will be part of a group of observers that are expected in Santo Domingo on 12 May for the 16 May election. The group also includes politicians from Japan, Great Britain, the United States, Argentina, Mexico and Chile. It …

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The observing group from the Organization of American States has guaranteed the “total impartiality” of its 24 members. The group, headed by Santiago Murray, arrived on Wednesday, 8 May, and met with the Junta Central Electoral. The group has requested meetings with President Joaquin Balaguer and with the presidential candidates. Mr Murray arrived with Steven …

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Cardinal Nicolás de Jesús López Rodríguez, the head of the Catholic Church in the Dominican Republic, called for citizens to go early to vote and asked that the losing candidates recognize the legitimate win of their adversary, and spare the nation the traumas of previous elections. The Catholic Church began on Sunday, 5 May, at …

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The JCE decided last week to declare null and invalid all unmarked voting papers. It said that a ballot will not be declared invalid if it is marked in two or more boxes that make up an alliance or coalition, but it will be counted as only one vote. If the voter marks two or …

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Rafael Subervi said that he will begin a campaign in the city to rid it of posters and other political publicity. He said that his gangs are ready to act two days after the JCE announces the winner of the election. He explained that the placement of posters is part of a culture which is …

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The state of the free zone industries and recommendations for new strategies were raised at the annual meeting of Infotep-Adozona held in April at Punta Cana. Infotep is a major training institution and Adozona is the Association of Dominican Industrial Free Zones. The principal conclusion was that Dominican industrial free zones should be prepared to …

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The group of businesses headed by Oscar Lama, who also owns the franchise for the Sheraton Santo Domingo, purchased the majority of shares of Seguros Bancomercio, the insurance company of the Grupo Bancomercio, one of the ten largest insurance companies in the country. The Lamas are also the owners of the Banco Finadem, a multiple …

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The leading Dominican insurance companies, rated by the amount of the premiums billed for January-March 1996 were: Compañía Nacional de Seguros (RD$133 million), La Universal de Seguros (RD$126 million), Seguros America (RD$92 million), Intercontinental de Seguros (RD$61 million), La Colonial de Seguros (RD$39 million), Seguros Bancomercio (RD$33 million), Magna Compañía de Seguros (RD$32 million), American …

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Last week, the administrator of the Corporación Dominicana de Electricidad, the state-owned electric corporation, said that with the start-up of the new Los Minas generators, the CDE has 50,000 more kilowatt hours than the demand. He said that Los Mina III and IV entered the system, contributing 236,000 kilowatts per hour for an overall total …

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The president of the largest industrial zone in Santo Domingo, the Asociación de Empresas Industriales de Herrera, César Nicolás Penson, said that the uncertainty of the electoral process has resulted in a decline of 30% in production. He foresees a decline of 50% in the case of the election period being prolonged by a second …

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