2004 – Page 100

The acting director of the International Monetary Fund?s Western Hemisphere Department issued a statement welcoming the policy commitments outlined by President Leonel Fernandez in his inaugural address. ?The IMF is ready to work closely with the new economic team that took office this week,? says the statement from Jose Fajgenbaum. ?In fact, important and constructive …

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South Florida?s largest call-center company is opening its first offshore location in the Dominican Republic, reports the Sun Sentinel of Florida. Plantation-based Precision Response Corporation announced it would employ 300 people at the center to be located in Santiago, and the initiative could expand to hire as many 600 bilingual (English-Spanish) workers. Journalist Doreen Hemlock …

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A secret jail room is in use at the Las Americas International Airport, as was revealed by Diario Libre today. The cell reportedly is used to irregularly albeit temporarily detain Dominicans who arrive after being deported from the United States. Danilo Reyes Castro denounced the fact that he had to pay US$100 to expedite the …

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Despite the shocking reports of a recent illegal voyage that saw over 50 people perish as they attempted to reach Puerto Rico, the trips do not seem to have lost any popularity. Diario Libre reports that the US border patrol detained 44 men and 16 women, all illegal migrants fleeing the Dominican Republic. The news …

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Jose Vinicio Calventi Gavino, who for 31 years was the director of the Hospital de Maternidad Nuestra Senora de la Altagracia, the leading maternity hospital in the country, died yesterday. He is recognized for his efforts in creating the local specialty of Gynecology and Obstetrics, and having trained innumerable Dominican doctors. Calventi returned to the …

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The Dominican Republic?s best chance at its first Olympic gold, 400-meter hurdler Felix Sanchez, has arrived in Athens, Greece. As the event?s world champion, Sanchez will compete in preliminaries and semifinals from Monday, 23 August. The finals are set for Thursday, 26 August at 10:30pm (local Greek time) on 26 August. The man known as …

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Industry & Commerce Minister Francisco Javier Garcia said that in dispatching the 15 million gallons of propane gas import companies have in storage there will be a considerable improvement in the nation?s supply by Monday. He said the government would use part of a US$65-million line of credit for power (US$50 million) and propane gas …

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Upon being sworn in as new director of the CDEEE and the Ede Norte and Ede Sur power distribution companies, Radhames Segura said that although the blackouts would continue, he expected them to be of much shorter duration. Already, the power outages have abated considerably from the 20-hour electricity-free periods experienced during the final weeks …

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Jochi Vicente, a principal at Grant Thornton in the Dominican Republic, has presented an analysis of the Dominican power situation, concluding that there is a direct relation between the price of power as perceived by consumers and the level of losses in the sector. ?At higher rates, there are more losses,? he explains. He says …

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The rising price of petroleum could make the course towards economic recovery in the Dominican Republic very difficult. Hoy newspaper reports that the price of a barrel of petroleum on world markets has peaked at US$47.45. The Dominican government is aiming to get Venezuela to increase its supply of petroleum to the DR at the …

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