2001 – Page 30

Spanish company Eurocom disputes the Pan Am Games Organizing Committee’s decision to grant the TV rights to the CBC of Canada. Eurocom says the Organizing Committee did not let them make a proposal. Ejecutives of CBC Canada are in the country to sign the contract. Hoy newspaper sites an irrefutable source as revealing that President …

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Dominican airports will begin to require diplomats, government officers and businessmen to undergo security checks upon departure. The Federal Aviation Agency of the United States requires that everyone boarding airplanes headed to US territory be checked. The measure includes city mayors, cabinet officers, the Cardinal and bishops of the church, senators, deputies and ambassadors who …

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President Hipolito Mejia will still go to Europe from 24 October to 6 November and he will concentrate on promoting investment in tourism, finance, agribusiness, energy, telecommunications and infrastructure. The President will travel to Spain (Madrid and Barcelona), England (London) and Italy (Milan and Rome). The announcement was made by Danilo Rosario of the Office …

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Listin Diario reports that Metropolitan Transport Authority (AMET) police agents will soon use handheld computers linked via the Internet to process fines and detect stolen vehicles. Oneximo Gonzalez, director of AMET, said each unit will cost the state US$1,200 but the money will be recovered in the first six months from fines. Offenders will be …

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The chief coordinator of the US$500 million in sovereign bonds, economist Andres Dauhajre, highlighted in the Listin Diario several of the advantages the bonds offer to private business and the nation. In his weekly economic page, he outlines the following advantages: 1) The bonds will create the conditions for the private sector to turn to …

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Listin Diario reports that President Mejia is evaluating a list of 30 priority projects to get funding from the US$500 million sovereign bonds issue. The government has announced the resources will circulate in monthly allotments of US$40 million to avoid destabilizing the exchange rate. The Listin Diario says that prime candidates to get the first …

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Minister of Industry and Commerce Hugo Guilliani Cury (one of the two principal negotiators of the sovereign bonds) said on a morning talk show that the government needs to establish the means to guarantee the bonds’ repayment, to use the funds for priority projects and to impose discipline regarding their revenues. He explained the government …

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“Have we gone nuts?” is the headline of Hoy newspaper’s editorial today. The newspaper is furious about an undisclosed investment of reportedly millions to replace green area along some 13 kilometers of the Mirador del Sur Park with paving stones. The contract for the new walkways also calls for new light posts. The newspaper says …

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The US Embassy has denied a news story published in El Caribe and carried in yesterday’s DR1 news that said illegal aliens recruited by the US Armed Forces and who fight in a war would automatically qualify for US citizenship. The US Embassy clarifies that only US citizens or legal residents of the US can …

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The government announced it will sell the prime real estate where the Agriculture Bank (Banco Agricola) is located on the Malecon, the seafront boulevard. The lot was appraised at RD$251 million by the government and the building at RD$40 million. The money would be used to build the Banco de Desarrollo Agropecuario, as announced by …

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