1998 – Page 50

NEW YORK, Oct. 1 /PRNewswire/ — Standard & Poor’s today placed its single-‘B’-plus long-term foreign currency sovereign and senior unsecured ratings and its double-‘B’ long-term local currency sovereign credit rating of the Dominican Republic on CreditWatch with negative implications. Standard & Poor’s also placed its single-‘B’ short-term foreign currency rating of the Republic on CreditWatch …

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The movement to replace fallen trees with native and endemic plants all throughout the country is gaining. Milciades Mejía, director of the National Botanical Gardens told journalist Carlos Michelén in an interview with El Caribe that native palm trees proved they are more resistant than the Acacia Magium with which the country was planted after …

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The Metropolitan Transport Authority (AMET) of Santo Domingo announced it will undertake a RD$10 million emergency program to reinstall traffic lights at difficult city intersections. AMET agents have been directing traffic since the city lost several of its traffic lights during Hurricane Georges. The traffic lights will be re-installed at several busy intersections, such as …

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Dr. José Joaquín Puello, the president of the Dominican Olympic Committee, insists that the DR should seek the site of the 2003 Pan American Games. He told the Listín Diario that a hurricane is not sufficient cause for the country to desist of its aspirations to host the most important regional sports games. "Imagine if …

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Former President Joaquín Balaguer sent a letter to District Attorney Francisco Domínguez Brito excusing his presence in the habeas corpus hearing that is being held as part of the Orlando Martínez trial (Martínez was a journalist who was assassinated more than 20 years ago during a Balaguer administration). He explained to the District Attorney that …

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El Siglo-Gallup poll held 16-21 September showed that 37.5% of the 1,200 persons interviewed consider Hipólito Mejía, a former vice presidential candidate for the PRD, former minister of agriculture, and agribusiness man, the best candidate to the presidency for the PRD. In second place, Milagros Ortíz Bosch, received 25% of the support. 8.7% favored former …

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The Bishop of San Juan de la Maguana, Monsignor José Dolores Grullón Estrella that praised the good organization, solidarity of all, and the coordinated work of authorities, the Catholic Church and the people before and after the hurricane in an interview with El Siglo newspaper. He said that while the death toll is not yet …

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Sammy Sosa, who batted 66 home runs in the last regular season, heads the list of US Major League sluggers and pitchers that will travel next month to Japan to play eight exhibition games. Other players are Greg Vaughn of the San Diego Padres, who batted 50 home runs; Mexican Vinicio Castilla, of the Colorado …

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The government has confirmed it will not release budgeted funds to the Junta Central Electoral, the body in charge of organizing presidential, municipal and congressional elections, until the courts rule on the demand placed by the Partido Reformista Social Cristiano and the Fuerza Nacional Progresista that questions the new members of the JCE board. The …

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Hoy newspaper reported that there are two factions within the PRD political party. The newspaper reports there are four groups seeking control of the political party. Two of these groups – Rafael Subervi Bonilla and Hatuey Decamps – do not accept the presidency of Enmanuel Esquea Guerrero. Esquea Guerrero has tried to implement party decisions …

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