2003News

Hipolito’s declarations compound PRSC crisis

Jacinto Peynado, the PRSC presidential pre-candidate who lost to Eduardo Estrella in last week’s primary elections, has said that President Hip?lito Mej?a’s admissions on Wednesday that members of his PRD party were involved in the rival party’s internal campaign is further proof that the election was fraudulent. He is quoted in Hoy describing the elections …
2003News

New loans approved

Loans valuing a total of US$341.6 million were approved by Congress yesterday. Deputies voted in favor of the loans, which are to be partially spent on the construction of aqueducts in seven provinces (Santiago, Duarte (San Francisco de Macor?s), La Romana, San Crist?bal, Barahona, Bahoruco and Independencia). Portions of these funds are also destined for …
2003News

Bancredito denies “false rumors” of merger talks

Bancredito is suing two commentators from radio station Z-101 over certain on-the-air statements made that they feel “spread false rumors” ? an offense that breaches monetary law. The contentious comments implied that the bank was engaged in discussions regarding a possible merger with a leading company. Alvaro (Alvarito) Arvelo and V?ctor G?mez Casasnovas, of the …
2003News

All set for Semana Santa

Next week’s Easter holiday operative involves the mobilization of 100,000 emergency services and volunteers, who will work on accident prevention programs across the country. Defensa Civil, the national voluntary organization, is in charge of the initiative, along with the National Emergencies Committee (CNE), local authorities and some NGOs (Non-Governmental Organisations). The operative consists of an …