2004News

Ley de Lemas shelved

Yesterday’s session in the Chamber of Deputies aimed at passing the controversial Preferential Presidential Vote, also known as the Ley de Lemas, fell short yesterday. As expected, the necessary quorum was not achieved, and when the Congressional president closed the session, only 51 deputies were present. Opponents of the now-moribund law make up the majority …
2004News

The presidential candidates

The Central Electoral Board (JCE) publishes in the press today its 11 February resolution whereby the presidential candidates for the three leading political parties will be: Leonel Antonio Fernandez Reyna for the Dominican Liberation Party (PLD); Rafael Eduardo Estrella Virella, presidential candidate, and Jose Hazim, vice presidential candidate, for the Social Christian Reformist Party (PRSC); …
2004News

Reactions to opinion poll

Hatuey Decamps, who has been thwarted in his attempts to become the PRD candidate and ousted from his position as party President by President Hipolito Mejia, declared yesterday that he thought the opinion poll by Penn & Schoen was overly-optimistic regarding Mejia’s popularity. By Decamps’ estimate, the President would receive just 8% of the vote, …
2004News

Brazilian company buys Pepsi bottler

American Beverage Company (AmBev), the world’s fifth largest brewer and Brazil’s leading beverage company, announced today its decision to enter the Dominican Republic’s market, competing in both the beer and soft drink arenas. The company announced today an agreement with Embotelladora Dominicana, C. por A. (PepsiCo’s exclusive bottler). As per the agreement, AmBev will purchase …
2004News

The real problem?

Diario Libre newspaper’s Adriano Miguel Tejada analyzes the crux of the country’s problems and reaches the conclusion that it is neither electricity nor the exchange rate. What the real problem is, according to Tejada, is the lack of respect for the principle of citizenship, which includes the concept of equality before the law. He mentions …
2004News

IMF agreement signed

The stalled agreement between the Dominican government and the International Monetary Fund (IMF) is officially back on track. After a pause of over five months, a revised agreement has been negotiated and was signed yesterday. The first disbursement under the new terms of the deal will amount to US$66 million, with the power sector earmarked …