2001 – Page 89

Former President Leonel Fernandez comments today in an article in the Listin Diario that the justifications for the issuing of US$500 million in sovereign bonds are no longer there. He refers to the arguments that the bonds would increase Central Bank reserves, force interest rates down and control inflation, all matters that have been accomplished. …

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Six of the leading Dominican shipping companies are joining efforts to build a US$130 million San Pedro International Terminal port in southeastern San Pedro de Macoris in two years time. Frederic Schad, Ageport, Agencia Maritima & Co., Perez & Cia, Maritima Dominicana and E.T. Heinsen are working with Terminales de Contenedores de Barcelona (http://www.tcbcn.com), a …

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The standing of the Central American and Caribbean Swimming Championship: Mexico, Venezuela, Trinidad & Tobago, Cuba, Jamaica. The DR won 10 medals – nine bronzes and one silver in the 200-meter breastroke. For complete results, see http://www.swimjamaica.com

The Mejia Government signed two contracts for US$368 million, or RD$6,000 million, for the cleaning up of the sides of the Ozama and Isabela rivers with two Italian groups. The riversides make up the largest slum areas in the capital city, with an estimated population of 300,000, for a density of 1,000 people per hectare. …

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News reports indicate that long blackouts continued throughout the nation, despite Decree 709-01 that mandated power companies to discontinue the practice of applying global and indiscriminate power interruptions in marginal neighborhoods with a large percentage of non-payers. Blackouts were longer in the Cibao where the Smith and Enron power plant is out of service, due …

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The Comision Nacional de Espectaculos Publicos y Radiofonia (CNEPR) suspended talk show broadcaster Alvaro Arvelo for violating rule 824. Arvelo is the lead man on the “El Gobierno de la Mañana” morning talk show. He was banned from going live for 30 days. The commission that regulates TV and radio programs recently started trying to …

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President of the Senate Ramon Alburquerque has softened his language and now talks of reaching a consensus to reform the Constitution. He said that the political parties will agree upon themselves on what should be done after consulting with the civil society. He continues to reject, though, that the civil society have more than an …

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