2001 – Page 101

Former President Leonel Fernandez in an article in the Listin Diario editorial pages today says that neither when in government nor in the opposition has he been against an increase in taxes so that the state may have more resources to foster national development. He says that what he has opposed is the timing of …

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A heat wave is affecting the Dominican Republic bringing temperatures to record highs these days. Temperatures of 33-35 degrees at noon in Santo Domingo are normal and add to the normal stress of city-living. Cardiologist Fulgencio Severino, interviewed by Hoy newspaper, urges that those suffering through the summer heat drink lots of water, take frequent …

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A 21-year old bride, Yenny Diaz, who had disappeared the day before her wedding showed up on Sunday at around 6 pm. Seemingly distraught and anxious, she walked into the San Lucas clinic in Gazcue where her husband-to-be, Socrates Sanchez works. He was not there at the time. There she was interned after physicians found …

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President Hipolito Mejia travels today to San Juan, Puerto and to Denver, Colorado for business meetings. In San Juan, he will participate in the Puerto Rico Trade Summit where he will promote Dominican farm produce and the incentives his government offers to Puerto Rican businessmen. President Mejia’s trip to Puerto Rico follows up efforts by …

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The director of the Customs Department, Vicente Sanchez Baret, said the implementation of the GATT valuation system on 1 July ends the discretionary powers of the director of customs to adjust taxes paid on imports. From now on, taxes will be levied on the values shown by the actual transaction documents. He told El Siglo …

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The president of the American Chamber of Commerce, Andres Aybar Baez, has recommended that the government not issue US$500 million in sovereign bonds. He urged the government instead to accept a proposal from a pool of local banks that would provide credit at low interest rates and more attractive conditions. Expanding on the Chamber’s position, …

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The former president of the Dominican Association of Business Lawyers (ADAE) has criticized the government for handpicking a New York firm for its legal counsel for the sovereign bonds issue. Luis Julio Jimenez said the government should have held a tender to choose its legal counsel, the brokers, and auditing firms for the bonds. Marcos …

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The American Chamber of Commerce, the Commercial Section and the Agriculture Section of the US Embassy in the Dominican Republic announced yesterday the celebration of Expo USA, a major event to promote business between the Dominican Republic and the United States. An estimated 150 Dominican and US companies will participate in this year’s event from …

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Dominican Siamese twins Martina and Leyda died during the operation to separate them at the Massachusetts General Children’s Hospital in Boston. They had been born at the Plaza de la Salud on 10 April to Dioselyn Santana and Freddy Rodriguez. The operation lasted 10 hours.

President Hipolito Mejia gave the keynote address yesterday at the opening of the Federation of Interamerican Lawyers at the Hotel Melia Santo Domingo. During his speech, President Mejia highlighted his guarantee for a regime of law during his remaining three and a half years in government. He referred to the respect his government has for …

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