2004News

The IMF and the election

According to Hoy, the International Monetary Fund (IMF) will keep a closer watch on the fulfillment of its Standby Agreement during the period of government transition. The IMF also announced that they plan to involve officials from President-elect Leonel Fernandez?s economic team in the local talks. According to Mario Mendez, the economic editor of Hoy, …
2004News

Seaboard vs Ege Haina

Transcontinental Capital Corporation (Seaboard), which produces electricity for the ?spot? market, has slapped an embargo on all accounts and equipment of Ege-Haina, as reported in Hoy and the Listin Diario today. Seaboard claims that Ege-Haina owes them over US$3 million. Ege-Haina finds the timing of the embargo suspicious, however, since it came at a time …
2004News

High points of the election

The first phase of the 16 May election has received much praise from international observers. Former President of Colombia, and coordinator of the International Foundation for Electoral Systems (IFES), Andres Pastrana told Hoy newspaper that Dominicans gave other Latin American countries a lesson in democracy. He said that he would recommend that other countries implement …