1998 – Page 207

Dr. José Francisco Peña Gómez, leader of the Partido Revolucionario Dominicano, is optimistic today he will be able to announce a solution to the internal political impasse that has affected the organization, following the tight finish of the primary to elect the party’s candidate for mayor of Santo Domingo in the May 1998 election. According …

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The government may have to invest RD$700 million to pay owners of properties along the 27 de Febrero Avenue in order to continue to expand that avenue, which crosses the city east-west. The expansion of the six-lane avenue to eight-lanes will affect 434 buildings along the way, especially in the Ozama and Las Americas neighborhoods. …

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Luis Manuel Piantini, vice governor of the Central Bank, said that the government will not devaluate the local currency. Central Bank authorities say speculation has led the peso to reach RD$14.60 on the streets, after months of stability in the free market at a level of around RD$14.35 maximum. Average dollar selling price on the …

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Torrential rains over Thursday, 1 January, and Friday, 2 January, caused floods in the northwest, affecting crops and housing. Reports are that over 200 families have lost their homes, and a 12-year old boy died in a landslide, when a wall of his dwelling caved in. The Santiago-Sosua highway was affected by landslides in several …

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For the first time, the Dominican Republic is vying to represent Latin America and the Caribbean in the Security Council of the United Nations for the year 2002-2003, as per a note of the Ministry of Foreign Relations. The request is part of the new efforts of the Fernández administration to increase the presence of …

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The late José Oliva was chosen Most Valuable Player of the Dominican baseball league for the 1997-98 tournament. Oliva died from multiple injuries last December when his car overturned along the San Cristóbal highway. At the time of his death he led the league in runs batted in (40) and homeruns (eight). His teammate Julio …

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Temístocles Montás, general administrator of the Corporación Dominicana de Electricidad, the state electricity utility, said that the CDE will begin the process of passing to a private company the collection of electricity bills. The CDE at present only collects 50% of the energy supplied. A tender will be called this month.

Occidental Hotel chain announced the construction of eight Flamenco hotels all around the world, following the successful operation of the Flamenco Playa Dorada of Puerto Plata along the North Coast. The Spanish-Dominican hotel chain is building the Occidental Flamenco in Bavaro Beach, along the east coast of the Dominican Republic. It will have 850 rooms. …

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Talks are being held between the Interamerican Development Bank and the Corporación de Fomento Industrial (CFI), which operates several industrial free zones, to privatize these. Jose Tomas Perez, director of the CFI told the Listin Diario that the institution has requested the assistance of the IDB to this end. The CFI would like to use …

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The Aguilas Cibaeñas are ahead in the semi-finals of the Dominican Winter Baseball League. The Aguilas defeated the Leones del Escogido which had gotten off to a good start. The Aguilas have won both of their matches, the Escogido has a record of 3-2, the Licey has a 3-2 record, and the Estrellas have lost …

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